GRINM Semiconductor (China) Probability of Future Stock Price Finishing Over 10.05
| 688432 Stock | 11.84 0.03 0.25% |
GRINM |
GRINM Semiconductor Target Price Odds to finish over 10.05
The tendency of GRINM 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 10.05 in 90 days |
| 11.84 | 90 days | 10.05 | about 68.45 |
Based on a normal probability distribution, the odds of GRINM Semiconductor to stay above 10.05 in 90 days from now is about 68.45 (This GRINM Semiconductor Materials probability density function shows the probability of GRINM Stock to fall within a particular range of prices over 90 days) . Probability of GRINM Semiconductor price to stay between 10.05 and its current price of 11.84 at the end of the 90-day period is about 38.67 .
Assuming the 90 days trading horizon GRINM Semiconductor Materials has a beta of -0.82. This suggests as returns on the benchmark increase, returns on holding GRINM Semiconductor are expected to decrease at a much lower rate. During a bear market, however, GRINM Semiconductor Materials is likely to outperform the market. Additionally GRINM Semiconductor Materials has an alpha of 0.5424, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GRINM Semiconductor Price Density |
| Price |
Predictive Modules for GRINM Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GRINM Semiconductor. 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.GRINM Semiconductor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GRINM Semiconductor is not an exception. The market had few large corrections towards the GRINM Semiconductor'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 GRINM Semiconductor Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GRINM Semiconductor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.82 | |
σ | Overall volatility | 1.77 | |
Ir | Information ratio | 0.07 |
GRINM Semiconductor 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 GRINM Semiconductor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GRINM Semiconductor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GRINM Semiconductor appears to be risky and price may revert if volatility continues | |
| About 82.0% of the company shares are owned by insiders or employees |
GRINM Semiconductor 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 GRINM Stock often depends not only on the future outlook of the current and potential GRINM Semiconductor'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. GRINM Semiconductor's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0059 | |
| Forward Annual Dividend Rate | 0.07 | |
| Shares Float | 211.1 M |
GRINM Semiconductor Technical Analysis
GRINM Semiconductor's future price can be derived by breaking down and analyzing its technical indicators over time. GRINM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GRINM Semiconductor Materials. In general, you should focus on analyzing GRINM Stock price patterns and their correlations with different microeconomic environments and drivers.
GRINM Semiconductor Predictive Forecast Models
GRINM Semiconductor's time-series forecasting models is one of many GRINM Semiconductor'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 GRINM Semiconductor'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 GRINM Semiconductor
Checking the ongoing alerts about GRINM Semiconductor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GRINM Semiconductor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GRINM Semiconductor appears to be risky and price may revert if volatility continues | |
| About 82.0% of the company shares are owned by insiders or employees |
Other Information on Investing in GRINM Stock
GRINM Semiconductor financial ratios help investors to determine whether GRINM 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 GRINM with respect to the benefits of owning GRINM Semiconductor security.