China Everbright Bank Stock Probability of Future Pink Sheet Price Finishing Over 0.42
| CEBCF Stock | USD 0.39 0.00 0.00% |
China |
China Everbright Target Price Odds to finish over 0.42
The tendency of China Pink Sheet 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 $ 0.42 or more in 90 days |
| 0.39 | 90 days | 0.42 | about 7.44 |
Based on a normal probability distribution, the odds of China Everbright to move over $ 0.42 or more in 90 days from now is about 7.44 (This China Everbright Bank probability density function shows the probability of China Pink Sheet to fall within a particular range of prices over 90 days) . Probability of China Everbright Bank price to stay between its current price of $ 0.39 and $ 0.42 at the end of the 90-day period is about 10.9 .
Assuming the 90 days horizon China Everbright has a beta of 0.35 suggesting as returns on the market go up, China Everbright average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding China Everbright Bank will be expected to be much smaller as well. Additionally China Everbright Bank has an alpha of 0.5443, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Everbright Price Density |
| Price |
Predictive Modules for China Everbright
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Everbright Bank. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 China Everbright'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.
China Everbright Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Everbright is not an exception. The market had few large corrections towards the China Everbright'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 China Everbright Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Everbright within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.1 |
China Everbright 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 China Everbright for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Everbright Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Everbright has some characteristics of a very speculative penny stock | |
| China Everbright appears to be risky and price may revert if volatility continues | |
| China Everbright Bank has accumulated about 418.48 B in cash with (112.24 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 76.0% of the company shares are held by company insiders |
China Everbright 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 China Pink Sheet often depends not only on the future outlook of the current and potential China Everbright'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. China Everbright's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54 B |
China Everbright Technical Analysis
China Everbright's future price can be derived by breaking down and analyzing its technical indicators over time. China Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Everbright Bank. In general, you should focus on analyzing China Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
China Everbright Predictive Forecast Models
China Everbright's time-series forecasting models is one of many China Everbright's pink sheet 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 China Everbright'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 pink sheet market movement and maximize returns from investment trading.
Things to note about China Everbright Bank
Checking the ongoing alerts about China Everbright for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Everbright Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Everbright has some characteristics of a very speculative penny stock | |
| China Everbright appears to be risky and price may revert if volatility continues | |
| China Everbright Bank has accumulated about 418.48 B in cash with (112.24 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 76.0% of the company shares are held by company insiders |
Other Information on Investing in China Pink Sheet
China Everbright financial ratios help investors to determine whether China Pink Sheet 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 China with respect to the benefits of owning China Everbright security.