Hesai Group American Stock Probability of Future Stock Price Finishing Under 4.39
| HSAI Stock | 6.86 2.11 44.42% |
Hesai |
Hesai Group Target Price Odds to finish below 4.39
The tendency of Hesai 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 4.39 or more in 90 days |
| 6.86 | 90 days | 4.39 | about 44.72 |
Based on a normal probability distribution, the odds of Hesai Group to drop to 4.39 or more in 90 days from now is about 44.72 (This Hesai Group American probability density function shows the probability of Hesai Stock to fall within a particular range of prices over 90 days) . Probability of Hesai Group American price to stay between 4.39 and its current price of 6.86 at the end of the 90-day period is about 55.16 .
Given the investment horizon of 90 days Hesai Group American has a beta of -0.41. This usually indicates as returns on the benchmark increase, returns on holding Hesai Group are expected to decrease at a much lower rate. During a bear market, however, Hesai Group American is likely to outperform the market. Additionally Hesai Group American has an alpha of 0.9755, implying that it can generate a 0.98 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hesai Group Price Density |
| Price |
Predictive Modules for Hesai 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 Hesai Group American. 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.Hesai Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hesai Group is not an exception. The market had few large corrections towards the Hesai 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 Hesai Group American, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hesai Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.98 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | 0.12 |
Hesai 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 Hesai Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hesai Group American can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hesai Group American is way too risky over 90 days horizon | |
| Hesai Group American appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.88 B. Net Loss for the year was (475.97 M) with profit before overhead, payroll, taxes, and interest of 471.99 M. | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Hesai Group Reports Third Quarter 2024 Unaudited Financial Results |
Hesai 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 Hesai Stock often depends not only on the future outlook of the current and potential Hesai 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. Hesai Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 124.8 M | |
| Cash And Short Term Investments | 3.2 B |
Hesai Group Technical Analysis
Hesai Group's future price can be derived by breaking down and analyzing its technical indicators over time. Hesai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hesai Group American. In general, you should focus on analyzing Hesai Stock price patterns and their correlations with different microeconomic environments and drivers.
Hesai Group Predictive Forecast Models
Hesai Group's time-series forecasting models is one of many Hesai 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 Hesai 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 Hesai Group American
Checking the ongoing alerts about Hesai Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hesai Group American help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hesai Group American is way too risky over 90 days horizon | |
| Hesai Group American appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.88 B. Net Loss for the year was (475.97 M) with profit before overhead, payroll, taxes, and interest of 471.99 M. | |
| About 15.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Hesai Group Reports Third Quarter 2024 Unaudited Financial Results |
Check out Hesai Group Backtesting, Hesai Group Valuation, Hesai Group Correlation, Hesai Group Hype Analysis, Hesai Group Volatility, Hesai Group History as well as Hesai Group Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Automotive Parts & Equipment 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 Hesai Group. If investors know Hesai 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 Hesai 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 (0.42) | Revenue Per Share 14.349 | Quarterly Revenue Growth 0.042 | Return On Assets (0.06) | Return On Equity (0.12) |
The market value of Hesai Group American is measured differently than its book value, which is the value of Hesai that is recorded on the company's balance sheet. Investors also form their own opinion of Hesai Group's value that differs from its market value or its book value, called intrinsic value, which is Hesai 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 Hesai Group's market value can be influenced by many factors that don't directly affect Hesai 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 Hesai Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hesai Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hesai 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.