Cheche Group Class Stock Probability of Future Stock Price Finishing Under 0.72
| CCG Stock | 0.85 0.04 4.49% |
Cheche |
Cheche Group Target Price Odds to finish below 0.72
The tendency of Cheche 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 drop to 0.72 or more in 90 days |
| 0.85 | 90 days | 0.72 | about 15.46 |
Based on a normal probability distribution, the odds of Cheche Group to drop to 0.72 or more in 90 days from now is about 15.46 (This Cheche Group Class probability density function shows the probability of Cheche Stock to fall within a particular range of prices over 90 days) . Probability of Cheche Group Class price to stay between 0.72 and its current price of 0.85 at the end of the 90-day period is about 51.83 .
Considering the 90-day investment horizon Cheche Group has a beta of 0.9 suggesting Cheche Group Class market returns are reactive to returns on the market. As the market goes up or down, Cheche Group is expected to follow. Additionally Cheche Group Class has an alpha of 0.154, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cheche Group Price Density |
| Price |
Predictive Modules for Cheche Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cheche Group Class. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cheche Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cheche Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cheche Group is not an exception. The market had few large corrections towards the Cheche Group'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 Cheche Group Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cheche Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.02 |
Cheche Group 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 Cheche Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cheche Group Class can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cheche Group Class had very high historical volatility over the last 90 days | |
| Cheche Group Class has some characteristics of a very speculative penny stock | |
| Cheche Group Class has 29.35 M in debt with debt to equity (D/E) ratio of 1.79, which is OK given its current industry classification. Cheche Group Class has a current ratio of 0.17, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Cheche to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 3.3 B. Reported Net Loss for the year was (159.59 M) with profit before taxes, overhead, and interest of 143.55 M. | |
| Cheche Group Class has about 20.67 M in cash with (26.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 72.0% of Cheche Group shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Cheche Group Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag |
Cheche Group 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 Cheche Stock often depends not only on the future outlook of the current and potential Cheche Group'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. Cheche Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.4 M | |
| Cash And Short Term Investments | 264.9 M |
Cheche Group Technical Analysis
Cheche Group's future price can be derived by breaking down and analyzing its technical indicators over time. Cheche Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cheche Group Class. In general, you should focus on analyzing Cheche Stock price patterns and their correlations with different microeconomic environments and drivers.
Cheche Group Predictive Forecast Models
Cheche Group's time-series forecasting models is one of many Cheche Group'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 Cheche Group'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 Cheche Group Class
Checking the ongoing alerts about Cheche Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cheche Group Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cheche Group Class had very high historical volatility over the last 90 days | |
| Cheche Group Class has some characteristics of a very speculative penny stock | |
| Cheche Group Class has 29.35 M in debt with debt to equity (D/E) ratio of 1.79, which is OK given its current industry classification. Cheche Group Class has a current ratio of 0.17, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Cheche to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 3.3 B. Reported Net Loss for the year was (159.59 M) with profit before taxes, overhead, and interest of 143.55 M. | |
| Cheche Group Class has about 20.67 M in cash with (26.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 72.0% of Cheche Group shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Cheche Group Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag |
Check out Cheche Group Backtesting, Cheche Group Valuation, Cheche Group Correlation, Cheche Group Hype Analysis, Cheche Group Volatility, Cheche Group History as well as Cheche Group Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheche Group. If investors know Cheche will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheche Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.43) | Revenue Per Share 49.558 | Quarterly Revenue Growth 0.025 | Return On Assets (0.11) | Return On Equity (0.46) |
The market value of Cheche Group Class is measured differently than its book value, which is the value of Cheche that is recorded on the company's balance sheet. Investors also form their own opinion of Cheche Group's value that differs from its market value or its book value, called intrinsic value, which is Cheche Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheche Group's market value can be influenced by many factors that don't directly affect Cheche Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheche Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheche Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheche Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.