China Medicine Stock Probability of Future Pink Sheet Price Finishing Under 2.0E-4
| CHME Stock | USD 0.0002 0.0001 100.00% |
China |
China Medicine Target Price Odds to finish below 2.0E-4
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 below current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 89.3 |
Based on a normal probability distribution, the odds of China Medicine to move below current price in 90 days from now is about 89.3 (This China Medicine probability density function shows the probability of China Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days China Medicine has a beta of -1.23 suggesting as returns on its benchmark rise, returns on holding China Medicine are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, China Medicine is expected to outperform its benchmark. Moreover China Medicine has an alpha of 1.6625, implying that it can generate a 1.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Medicine Price Density |
| Price |
Predictive Modules for China Medicine
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 Medicine. 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.China Medicine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Medicine is not an exception. The market had few large corrections towards the China Medicine'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 Medicine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Medicine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.66 | |
β | Beta against Dow Jones | -1.23 | |
σ | Overall volatility | 0.000049 | |
Ir | Information ratio | 0.11 |
China Medicine 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 Medicine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Medicine 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 Medicine is way too risky over 90 days horizon | |
| China Medicine has some characteristics of a very speculative penny stock | |
| China Medicine appears to be risky and price may revert if volatility continues | |
| China Medicine has high likelihood to experience some financial distress in the next 2 years |
China Medicine Technical Analysis
China Medicine'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 Medicine. In general, you should focus on analyzing China Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
China Medicine Predictive Forecast Models
China Medicine's time-series forecasting models is one of many China Medicine'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 Medicine'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 Medicine
Checking the ongoing alerts about China Medicine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Medicine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Medicine is way too risky over 90 days horizon | |
| China Medicine has some characteristics of a very speculative penny stock | |
| China Medicine appears to be risky and price may revert if volatility continues | |
| China Medicine has high likelihood to experience some financial distress in the next 2 years |
Other Information on Investing in China Pink Sheet
China Medicine 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 Medicine security.