Meihua International Medical Stock Probability of Future Stock Price Finishing Over 8.82
| MHUA Stock | USD 0.54 0.02 3.85% |
Meihua |
Meihua International Target Price Odds to finish over 8.82
The tendency of Meihua 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 move over $ 8.82 or more in 90 days |
| 0.54 | 90 days | 8.82 | close to zero percent |
Based on a normal probability distribution, the odds of Meihua International to move over $ 8.82 or more in 90 days from now is close to zero percent (This Meihua International Medical probability density function shows the probability of Meihua Stock to fall within a particular range of prices over 90 days) . Probability of Meihua International price to stay between its current price of $ 0.54 and $ 8.82 at the end of the 90-day period is about 90.88 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.53 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Meihua International will likely underperform. Additionally Meihua International Medical 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. Meihua International Price Density |
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Predictive Modules for Meihua International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meihua International. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meihua International'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.
Meihua International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Meihua International is not an exception. The market had few large corrections towards the Meihua International'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 Meihua International Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Meihua International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.92 | |
β | Beta against Dow Jones | 1.53 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.1 |
Meihua International 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 Meihua International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Meihua International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Meihua International generated a negative expected return over the last 90 days | |
| Meihua International has high historical volatility and very poor performance | |
| Meihua International has some characteristics of a very speculative penny stock | |
| About 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Anson Funds Management LP Acquires Shares in Meihua International Medical Technologies Co Ltd |
Meihua International 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 Meihua Stock often depends not only on the future outlook of the current and potential Meihua International'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. Meihua International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.9 M | |
| Cash And Short Term Investments | 16.9 M |
Meihua International Technical Analysis
Meihua International's future price can be derived by breaking down and analyzing its technical indicators over time. Meihua Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Meihua International Medical. In general, you should focus on analyzing Meihua Stock price patterns and their correlations with different microeconomic environments and drivers.
Meihua International Predictive Forecast Models
Meihua International's time-series forecasting models is one of many Meihua International'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 Meihua International'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 Meihua International
Checking the ongoing alerts about Meihua International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Meihua International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Meihua International generated a negative expected return over the last 90 days | |
| Meihua International has high historical volatility and very poor performance | |
| Meihua International has some characteristics of a very speculative penny stock | |
| About 56.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Anson Funds Management LP Acquires Shares in Meihua International Medical Technologies Co Ltd |
Check out Meihua International Backtesting, Meihua International Valuation, Meihua International Correlation, Meihua International Hype Analysis, Meihua International Volatility, Meihua International History as well as Meihua International Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Equipment & Supplies 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 Meihua International. If investors know Meihua 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 Meihua International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Earnings Share 0.37 | Revenue Per Share 3.847 | Quarterly Revenue Growth (0.06) | Return On Assets 0.042 |
The market value of Meihua International is measured differently than its book value, which is the value of Meihua that is recorded on the company's balance sheet. Investors also form their own opinion of Meihua International's value that differs from its market value or its book value, called intrinsic value, which is Meihua International'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 Meihua International's market value can be influenced by many factors that don't directly affect Meihua International'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 Meihua International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meihua International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meihua International'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.