Shenzhou International Group Stock Probability of Future Pink Sheet Price Finishing Under 7.23
| SHZHY Stock | USD 7.84 0.04 0.51% |
Shenzhou |
Shenzhou International Target Price Odds to finish below 7.23
The tendency of Shenzhou 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 $ 7.23 or more in 90 days |
| 7.84 | 90 days | 7.23 | about 9.25 |
Based on a normal probability distribution, the odds of Shenzhou International to drop to $ 7.23 or more in 90 days from now is about 9.25 (This Shenzhou International Group probability density function shows the probability of Shenzhou Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Shenzhou International price to stay between $ 7.23 and its current price of $7.84 at the end of the 90-day period is about 33.92 .
Assuming the 90 days horizon Shenzhou International Group has a beta of -0.019. This usually implies as returns on the benchmark increase, returns on holding Shenzhou International are expected to decrease at a much lower rate. During a bear market, however, Shenzhou International Group is likely to outperform the market. Additionally Shenzhou International Group 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. Shenzhou International Price Density |
| Price |
Predictive Modules for Shenzhou 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 Shenzhou International. 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.Shenzhou International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shenzhou International is not an exception. The market had few large corrections towards the Shenzhou 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 Shenzhou International Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shenzhou International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.05 |
Shenzhou 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 Shenzhou International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shenzhou 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.| Shenzhou International had very high historical volatility over the last 90 days |
Shenzhou 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 Shenzhou Pink Sheet often depends not only on the future outlook of the current and potential Shenzhou 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. Shenzhou International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 12.2 B |
Shenzhou International Technical Analysis
Shenzhou International's future price can be derived by breaking down and analyzing its technical indicators over time. Shenzhou Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shenzhou International Group. In general, you should focus on analyzing Shenzhou Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Shenzhou International Predictive Forecast Models
Shenzhou International's time-series forecasting models is one of many Shenzhou International'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 Shenzhou 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Shenzhou International
Checking the ongoing alerts about Shenzhou International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shenzhou International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shenzhou International had very high historical volatility over the last 90 days |
Additional Tools for Shenzhou Pink Sheet Analysis
When running Shenzhou International's price analysis, check to measure Shenzhou International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shenzhou International is operating at the current time. Most of Shenzhou International's value examination focuses on studying past and present price action to predict the probability of Shenzhou International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhou International's price. Additionally, you may evaluate how the addition of Shenzhou International to your portfolios can decrease your overall portfolio volatility.