Cbak Energy Technology Stock Probability of Future Stock Price Finishing Over 0.9
| CBAT Stock | USD 0.90 0.01 1.12% |
CBAK |
CBAK Energy Target Price Odds to finish over 0.9
The tendency of CBAK 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 above the current price in 90 days |
| 0.90 | 90 days | 0.90 | more than 94.0 |
Based on a normal probability distribution, the odds of CBAK Energy to move above the current price in 90 days from now is more than 94.0 (This CBAK Energy Technology probability density function shows the probability of CBAK Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days CBAK Energy has a beta of 0.38 suggesting as returns on the market go up, CBAK Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CBAK Energy Technology will be expected to be much smaller as well. Additionally CBAK Energy Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CBAK Energy Price Density |
| Price |
Predictive Modules for CBAK Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CBAK Energy Technology. 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.CBAK Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CBAK Energy is not an exception. The market had few large corrections towards the CBAK Energy'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 CBAK Energy Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CBAK Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.07 |
CBAK Energy 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 CBAK Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CBAK Energy Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CBAK Energy generated a negative expected return over the last 90 days | |
| CBAK Energy has some characteristics of a very speculative penny stock | |
| CBAK Energy has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 204.44 M. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 18.1 M. | |
| CBAK Energy has a poor financial position based on the latest SEC disclosures | |
| About 20.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Release of 2024 Blue Book on the Development of Chinas Big Cylindrical Lithium Battery Industry, with BAK Battery Advancing Multi-Field Applications of Cutting-Edge Big Cylindrical Lithium Battery |
CBAK Energy 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 CBAK Stock often depends not only on the future outlook of the current and potential CBAK Energy'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. CBAK Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.3 M | |
| Cash And Short Term Investments | 58.8 M |
CBAK Energy Technical Analysis
CBAK Energy's future price can be derived by breaking down and analyzing its technical indicators over time. CBAK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CBAK Energy Technology. In general, you should focus on analyzing CBAK Stock price patterns and their correlations with different microeconomic environments and drivers.
CBAK Energy Predictive Forecast Models
CBAK Energy's time-series forecasting models is one of many CBAK Energy'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 CBAK Energy'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 CBAK Energy Technology
Checking the ongoing alerts about CBAK Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CBAK Energy Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CBAK Energy generated a negative expected return over the last 90 days | |
| CBAK Energy has some characteristics of a very speculative penny stock | |
| CBAK Energy has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 204.44 M. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 18.1 M. | |
| CBAK Energy has a poor financial position based on the latest SEC disclosures | |
| About 20.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Release of 2024 Blue Book on the Development of Chinas Big Cylindrical Lithium Battery Industry, with BAK Battery Advancing Multi-Field Applications of Cutting-Edge Big Cylindrical Lithium Battery |
Additional Tools for CBAK Stock Analysis
When running CBAK Energy's price analysis, check to measure CBAK Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CBAK Energy is operating at the current time. Most of CBAK Energy's value examination focuses on studying past and present price action to predict the probability of CBAK Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBAK Energy's price. Additionally, you may evaluate how the addition of CBAK Energy to your portfolios can decrease your overall portfolio volatility.