Highest Performances Holdings Stock Probability of Future Stock Price Finishing Under 1.49
| HPH Stock | 0.34 0.01 3.03% |
Highest |
Highest Performances Target Price Odds to finish below 1.49
The tendency of Highest 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 stay under 1.49 after 90 days |
| 0.34 | 90 days | 1.49 | under 95 |
Based on a normal probability distribution, the odds of Highest Performances to stay under 1.49 after 90 days from now is under 95 (This Highest Performances Holdings probability density function shows the probability of Highest Stock to fall within a particular range of prices over 90 days) . Probability of Highest Performances price to stay between its current price of 0.34 and 1.49 at the end of the 90-day period is about 76.62 .
Considering the 90-day investment horizon Highest Performances Holdings has a beta of -3.02. This usually indicates as returns on its benchmark rise, returns on holding Highest Performances Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Highest Performances is expected to outperform its benchmark. Additionally Highest Performances Holdings 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. Highest Performances Price Density |
| Price |
Predictive Modules for Highest Performances
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highest Performances. 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.Highest Performances Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Highest Performances is not an exception. The market had few large corrections towards the Highest Performances' 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 Highest Performances Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highest Performances within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.53 | |
β | Beta against Dow Jones | -3.02 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.16 |
Highest Performances 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 Highest Performances for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Highest Performances can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Highest Performances generated a negative expected return over the last 90 days | |
| Highest Performances has high historical volatility and very poor performance | |
| Highest Performances has some characteristics of a very speculative penny stock | |
| Highest Performances has high likelihood to experience some financial distress in the next 2 years | |
| Highest Performances Holdings was previously known as Puyi Inc ADR and was traded on NASDAQ Exchange under the symbol PUYI. | |
| The company reported the last year's revenue of 1.19 B. Reported Net Loss for the year was (512.07 M) with profit before taxes, overhead, and interest of 0. | |
| Highest Performances has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: HPH Announces Receipt of Minimum Bid Price Notice from Nasdaq |
Highest Performances 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 Highest Stock often depends not only on the future outlook of the current and potential Highest Performances' 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. Highest Performances' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 370.6 M | |
| Cash And Short Term Investments | 879.6 M |
Highest Performances Technical Analysis
Highest Performances' future price can be derived by breaking down and analyzing its technical indicators over time. Highest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Highest Performances Holdings. In general, you should focus on analyzing Highest Stock price patterns and their correlations with different microeconomic environments and drivers.
Highest Performances Predictive Forecast Models
Highest Performances' time-series forecasting models is one of many Highest Performances' 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 Highest Performances' 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 Highest Performances
Checking the ongoing alerts about Highest Performances for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Highest Performances help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Highest Performances generated a negative expected return over the last 90 days | |
| Highest Performances has high historical volatility and very poor performance | |
| Highest Performances has some characteristics of a very speculative penny stock | |
| Highest Performances has high likelihood to experience some financial distress in the next 2 years | |
| Highest Performances Holdings was previously known as Puyi Inc ADR and was traded on NASDAQ Exchange under the symbol PUYI. | |
| The company reported the last year's revenue of 1.19 B. Reported Net Loss for the year was (512.07 M) with profit before taxes, overhead, and interest of 0. | |
| Highest Performances has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: HPH Announces Receipt of Minimum Bid Price Notice from Nasdaq |
Check out Highest Performances Backtesting, Highest Performances Valuation, Highest Performances Correlation, Highest Performances Hype Analysis, Highest Performances Volatility, Highest Performances History as well as Highest Performances Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Asset Management & Custody Banks 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 Highest Performances. If investors know Highest 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 Highest Performances listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.32 | Quarterly Revenue Growth (0.48) | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of Highest Performances is measured differently than its book value, which is the value of Highest that is recorded on the company's balance sheet. Investors also form their own opinion of Highest Performances' value that differs from its market value or its book value, called intrinsic value, which is Highest Performances' 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 Highest Performances' market value can be influenced by many factors that don't directly affect Highest Performances' 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 Highest Performances' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highest Performances is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highest Performances' 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.