Bloomage Biotechnology (China) Probability of Future Stock Price Finishing Over 54.6
| 688363 Stock | 57.27 0.13 0.23% |
Bloomage |
Bloomage Biotechnology Target Price Odds to finish over 54.6
The tendency of Bloomage Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 54.60 in 90 days |
| 57.27 | 90 days | 54.60 | about 61.46 |
Based on a normal probability distribution, the odds of Bloomage Biotechnology to stay above 54.60 in 90 days from now is about 61.46 (This Bloomage Biotechnology Corp probability density function shows the probability of Bloomage Stock to fall within a particular range of prices over 90 days) . Probability of Bloomage Biotechnology price to stay between 54.60 and its current price of 57.27 at the end of the 90-day period is about 14.55 .
Assuming the 90 days trading horizon Bloomage Biotechnology Corp has a beta of -0.45. This suggests as returns on the benchmark increase, returns on holding Bloomage Biotechnology are expected to decrease at a much lower rate. During a bear market, however, Bloomage Biotechnology Corp is likely to outperform the market. Additionally Bloomage Biotechnology Corp has an alpha of 0.0575, implying that it can generate a 0.0575 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bloomage Biotechnology Price Density |
| Price |
Predictive Modules for Bloomage Biotechnology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bloomage Biotechnology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Bloomage Biotechnology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bloomage Biotechnology is not an exception. The market had few large corrections towards the Bloomage Biotechnology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bloomage Biotechnology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bloomage Biotechnology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 7.24 | |
Ir | Information ratio | -0.02 |
Bloomage Biotechnology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bloomage Biotechnology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bloomage Biotechnology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bloomage Biotechnology had very high historical volatility over the last 90 days | |
| About 61.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Why Bloomage BioTechnologys Shaky Earnings Are Just The Beginning Of Its Problems - Simply Wall St |
Bloomage Biotechnology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bloomage Stock often depends not only on the future outlook of the current and potential Bloomage Biotechnology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bloomage Biotechnology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 481.7 M |
Bloomage Biotechnology Technical Analysis
Bloomage Biotechnology's future price can be derived by breaking down and analyzing its technical indicators over time. Bloomage Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bloomage Biotechnology Corp. In general, you should focus on analyzing Bloomage Stock price patterns and their correlations with different microeconomic environments and drivers.
Bloomage Biotechnology Predictive Forecast Models
Bloomage Biotechnology's time-series forecasting models is one of many Bloomage Biotechnology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bloomage Biotechnology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Bloomage Biotechnology
Checking the ongoing alerts about Bloomage Biotechnology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bloomage Biotechnology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bloomage Biotechnology had very high historical volatility over the last 90 days | |
| About 61.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Why Bloomage BioTechnologys Shaky Earnings Are Just The Beginning Of Its Problems - Simply Wall St |
Other Information on Investing in Bloomage Stock
Bloomage Biotechnology financial ratios help investors to determine whether Bloomage Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bloomage with respect to the benefits of owning Bloomage Biotechnology security.