Hong Kong Land Stock Probability of Future Pink Sheet Price Finishing Under 23.51
| HNGKY Stock | USD 23.66 0.06 0.25% |
Hong |
Hong Kong Target Price Odds to finish below 23.51
The tendency of Hong 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 drop to $ 23.51 or more in 90 days |
| 23.66 | 90 days | 23.51 | over 95.28 |
Based on a normal probability distribution, the odds of Hong Kong to drop to $ 23.51 or more in 90 days from now is over 95.28 (This Hong Kong Land probability density function shows the probability of Hong Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Hong Kong Land price to stay between $ 23.51 and its current price of $23.66 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Hong Kong Land has a beta of -0.4. This usually indicates as returns on the benchmark increase, returns on holding Hong Kong are expected to decrease at a much lower rate. During a bear market, however, Hong Kong Land is likely to outperform the market. Additionally Hong Kong Land has an alpha of 0.5255, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hong Kong Price Density |
| Price |
Predictive Modules for Hong Kong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hong Kong Land. 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.Hong Kong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hong Kong is not an exception. The market had few large corrections towards the Hong Kong'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 Hong Kong Land, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hong Kong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 2.01 | |
Ir | Information ratio | 0.12 |
Hong Kong 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 Hong Kong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hong Kong Land can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hong Kong Land had very high historical volatility over the last 90 days | |
| Hong Kong Land has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.38 B. Net Loss for the year was (349.2 M) with profit before overhead, payroll, taxes, and interest of 1.1 B. |
Hong Kong 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 Hong Pink Sheet often depends not only on the future outlook of the current and potential Hong Kong'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. Hong Kong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.3 B |
Hong Kong Technical Analysis
Hong Kong's future price can be derived by breaking down and analyzing its technical indicators over time. Hong Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hong Kong Land. In general, you should focus on analyzing Hong Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Hong Kong Predictive Forecast Models
Hong Kong's time-series forecasting models is one of many Hong Kong'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 Hong Kong'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 Hong Kong Land
Checking the ongoing alerts about Hong Kong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hong Kong Land help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hong Kong Land had very high historical volatility over the last 90 days | |
| Hong Kong Land has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.38 B. Net Loss for the year was (349.2 M) with profit before overhead, payroll, taxes, and interest of 1.1 B. |
Additional Tools for Hong Pink Sheet Analysis
When running Hong Kong's price analysis, check to measure Hong Kong'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 Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.