360 Finance Stock Probability of Future Stock Price Finishing Under 18.92
| QFIN Stock | USD 34.53 0.68 1.93% |
360 |
360 Finance Target Price Odds to finish below 18.92
The tendency of 360 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 $ 18.92 or more in 90 days |
| 34.53 | 90 days | 18.92 | near 1 |
Based on a normal probability distribution, the odds of 360 Finance to drop to $ 18.92 or more in 90 days from now is near 1 (This 360 Finance probability density function shows the probability of 360 Stock to fall within a particular range of prices over 90 days) . Probability of 360 Finance price to stay between $ 18.92 and its current price of $34.53 at the end of the 90-day period is about 89.44 .
Given the investment horizon of 90 days 360 Finance has a beta of 0.78 indicating as returns on the market go up, 360 Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 360 Finance will be expected to be much smaller as well. Additionally 360 Finance has an alpha of 0.5246, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 360 Finance Price Density |
| Price |
Predictive Modules for 360 Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 360 Finance. 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.360 Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 360 Finance is not an exception. The market had few large corrections towards the 360 Finance'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 360 Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 360 Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 3.91 | |
Ir | Information ratio | 0.16 |
360 Finance 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 360 Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 360 Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 360 Finance appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are owned by institutional investors | |
| On 1st of November 2024 360 Finance paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from zacks.com: What Makes Qifu Technology, Inc. a Good Fit for Trend Investing |
360 Finance 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 360 Stock often depends not only on the future outlook of the current and potential 360 Finance'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. 360 Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 164.3 M | |
| Cash And Short Term Investments | 4.2 B |
360 Finance Technical Analysis
360 Finance's future price can be derived by breaking down and analyzing its technical indicators over time. 360 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 360 Finance. In general, you should focus on analyzing 360 Stock price patterns and their correlations with different microeconomic environments and drivers.
360 Finance Predictive Forecast Models
360 Finance's time-series forecasting models is one of many 360 Finance'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 360 Finance'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 360 Finance
Checking the ongoing alerts about 360 Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 360 Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 360 Finance appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are owned by institutional investors | |
| On 1st of November 2024 360 Finance paid $ 0.6 per share dividend to its current shareholders | |
| Latest headline from zacks.com: What Makes Qifu Technology, Inc. a Good Fit for Trend Investing |
Check out 360 Finance Backtesting, 360 Finance Valuation, 360 Finance Correlation, 360 Finance Hype Analysis, 360 Finance Volatility, 360 Finance History as well as 360 Finance Performance. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Consumer Finance 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 360 Finance. If investors know 360 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 360 Finance 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 0.343 | Earnings Share 4.85 | Revenue Per Share 109.127 | Quarterly Revenue Growth 0.063 | Return On Assets 0.107 |
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance'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 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance'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 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance'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.