Yonyou Auto (China) Probability of Future Stock Price Finishing Over 19.12
| 688479 Stock | 18.71 0.78 4.00% |
Yonyou |
Yonyou Auto Target Price Odds to finish over 19.12
The tendency of Yonyou 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 move over 19.12 or more in 90 days |
| 18.71 | 90 days | 19.12 | about 14.59 |
Based on a normal probability distribution, the odds of Yonyou Auto to move over 19.12 or more in 90 days from now is about 14.59 (This Yonyou Auto Information probability density function shows the probability of Yonyou Stock to fall within a particular range of prices over 90 days) . Probability of Yonyou Auto Information price to stay between its current price of 18.71 and 19.12 at the end of the 90-day period is nearly 4.64 .
Assuming the 90 days trading horizon Yonyou Auto Information has a beta of -0.36. This suggests as returns on the benchmark increase, returns on holding Yonyou Auto are expected to decrease at a much lower rate. During a bear market, however, Yonyou Auto Information is likely to outperform the market. Additionally Yonyou Auto Information has an alpha of 0.4571, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yonyou Auto Price Density |
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Predictive Modules for Yonyou Auto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yonyou Auto Information. 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.Yonyou Auto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yonyou Auto is not an exception. The market had few large corrections towards the Yonyou Auto'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 Yonyou Auto Information, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yonyou Auto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 2.22 | |
Ir | Information ratio | 0.09 |
Yonyou Auto 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 Yonyou Auto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yonyou Auto Information can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yonyou Auto appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Trends Auto Industry Ecological Service Platform Market Growth Drivers - News in Assen |
Yonyou Auto Technical Analysis
Yonyou Auto's future price can be derived by breaking down and analyzing its technical indicators over time. Yonyou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yonyou Auto Information. In general, you should focus on analyzing Yonyou Stock price patterns and their correlations with different microeconomic environments and drivers.
Yonyou Auto Predictive Forecast Models
Yonyou Auto's time-series forecasting models is one of many Yonyou Auto'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 Yonyou Auto'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 Yonyou Auto Information
Checking the ongoing alerts about Yonyou Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yonyou Auto Information help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yonyou Auto appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Trends Auto Industry Ecological Service Platform Market Growth Drivers - News in Assen |
Other Information on Investing in Yonyou Stock
Yonyou Auto financial ratios help investors to determine whether Yonyou 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 Yonyou with respect to the benefits of owning Yonyou Auto security.