Jiangxi Copper Stock Probability of Future Pink Sheet Price Finishing Under 1.69
| JIAXF Stock | USD 1.81 0.33 22.30% |
Jiangxi |
Jiangxi Copper Target Price Odds to finish below 1.69
The tendency of Jiangxi 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 $ 1.69 or more in 90 days |
| 1.81 | 90 days | 1.69 | about 49.87 |
Based on a normal probability distribution, the odds of Jiangxi Copper to drop to $ 1.69 or more in 90 days from now is about 49.87 (This Jiangxi Copper probability density function shows the probability of Jiangxi Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Jiangxi Copper price to stay between $ 1.69 and its current price of $1.81 at the end of the 90-day period is about 21.61 .
Assuming the 90 days horizon Jiangxi Copper has a beta of 0.72. This indicates as returns on the market go up, Jiangxi Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jiangxi Copper will be expected to be much smaller as well. Additionally Jiangxi Copper has an alpha of 0.3238, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jiangxi Copper Price Density |
| Price |
Predictive Modules for Jiangxi Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jiangxi Copper. 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 Jiangxi Copper'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.
Jiangxi Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jiangxi Copper is not an exception. The market had few large corrections towards the Jiangxi Copper'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 Jiangxi Copper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jiangxi Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.06 |
Jiangxi Copper 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 Jiangxi Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jiangxi Copper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jiangxi Copper may become a speculative penny stock | |
| Jiangxi Copper had very high historical volatility over the last 90 days | |
| About 22.0% of the company shares are held by company insiders |
Jiangxi Copper 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 Jiangxi Pink Sheet often depends not only on the future outlook of the current and potential Jiangxi Copper'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. Jiangxi Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 B |
Jiangxi Copper Technical Analysis
Jiangxi Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Jiangxi Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jiangxi Copper. In general, you should focus on analyzing Jiangxi Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Jiangxi Copper Predictive Forecast Models
Jiangxi Copper's time-series forecasting models is one of many Jiangxi Copper'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 Jiangxi Copper'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 Jiangxi Copper
Checking the ongoing alerts about Jiangxi Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jiangxi Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jiangxi Copper may become a speculative penny stock | |
| Jiangxi Copper had very high historical volatility over the last 90 days | |
| About 22.0% of the company shares are held by company insiders |
Other Information on Investing in Jiangxi Pink Sheet
Jiangxi Copper financial ratios help investors to determine whether Jiangxi 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 Jiangxi with respect to the benefits of owning Jiangxi Copper security.