Shenzhen Expressway Stock Probability of Future Pink Sheet Price Finishing Over 1.90
| SHZNF Stock | USD 0.89 0.00 0.00% |
Shenzhen |
Shenzhen Expressway Target Price Odds to finish over 1.90
The tendency of Shenzhen 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 move over $ 1.90 or more in 90 days |
| 0.89 | 90 days | 1.90 | close to zero percent |
Based on a normal probability distribution, the odds of Shenzhen Expressway to move over $ 1.90 or more in 90 days from now is close to zero percent (This Shenzhen Expressway probability density function shows the probability of Shenzhen Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Shenzhen Expressway price to stay between its current price of $ 0.89 and $ 1.90 at the end of the 90-day period is about 77.45 .
Assuming the 90 days horizon Shenzhen Expressway has a beta of 0.008. This usually implies as returns on the market go up, Shenzhen Expressway average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shenzhen Expressway will be expected to be much smaller as well. Additionally Shenzhen Expressway 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. Shenzhen Expressway Price Density |
| Price |
Predictive Modules for Shenzhen Expressway
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shenzhen Expressway. 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.Shenzhen Expressway Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shenzhen Expressway is not an exception. The market had few large corrections towards the Shenzhen Expressway'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 Shenzhen Expressway, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shenzhen Expressway within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.25 |
Shenzhen Expressway 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 Shenzhen Expressway for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shenzhen Expressway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shenzhen Expressway generated a negative expected return over the last 90 days | |
| Shenzhen Expressway has some characteristics of a very speculative penny stock | |
| Shenzhen Expressway has accumulated 15.5 B in total debt with debt to equity ratio (D/E) of 1.26, which is about average as compared to similar companies. Shenzhen Expressway has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Shenzhen Expressway until it has trouble settling it off, either with new capital or with free cash flow. So, Shenzhen Expressway's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shenzhen Expressway sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shenzhen to invest in growth at high rates of return. When we think about Shenzhen Expressway's use of debt, we should always consider it together with cash and equity. | |
| About 20.0% of Shenzhen Expressway outstanding shares are owned by corporate insiders |
Shenzhen Expressway 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 Shenzhen Pink Sheet often depends not only on the future outlook of the current and potential Shenzhen Expressway'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. Shenzhen Expressway's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B |
Shenzhen Expressway Technical Analysis
Shenzhen Expressway's future price can be derived by breaking down and analyzing its technical indicators over time. Shenzhen Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shenzhen Expressway. In general, you should focus on analyzing Shenzhen Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Shenzhen Expressway Predictive Forecast Models
Shenzhen Expressway's time-series forecasting models is one of many Shenzhen Expressway'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 Shenzhen Expressway'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 Shenzhen Expressway
Checking the ongoing alerts about Shenzhen Expressway for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shenzhen Expressway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shenzhen Expressway generated a negative expected return over the last 90 days | |
| Shenzhen Expressway has some characteristics of a very speculative penny stock | |
| Shenzhen Expressway has accumulated 15.5 B in total debt with debt to equity ratio (D/E) of 1.26, which is about average as compared to similar companies. Shenzhen Expressway has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Shenzhen Expressway until it has trouble settling it off, either with new capital or with free cash flow. So, Shenzhen Expressway's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shenzhen Expressway sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shenzhen to invest in growth at high rates of return. When we think about Shenzhen Expressway's use of debt, we should always consider it together with cash and equity. | |
| About 20.0% of Shenzhen Expressway outstanding shares are owned by corporate insiders |
Other Information on Investing in Shenzhen Pink Sheet
Shenzhen Expressway financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Expressway security.