Shineco Stock Odds of Future Stock Price Finishing Under 2.23
| SISI Stock | USD 2.47 0.15 6.47% |
Shineco |
Shineco Target Price Odds to finish below 2.23
The tendency of Shineco 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 $ 2.23 or more in 90 days |
| 2.47 | 90 days | 2.23 | about 14.95 |
Based on a normal probability distribution, the odds of Shineco to drop to $ 2.23 or more in 90 days from now is about 14.95 (This Shineco probability density function shows the probability of Shineco Stock to fall within a particular range of prices over 90 days) . Probability of Shineco price to stay between $ 2.23 and its current price of $2.47 at the end of the 90-day period is about 1.79 .
Given the investment horizon of 90 days the stock has the beta coefficient of 4.12 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Shineco will likely underperform. Additionally Shineco 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. Shineco Price Density |
| Price |
Predictive Modules for Shineco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shineco. 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 Shineco'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.
Shineco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shineco is not an exception. The market had few large corrections towards the Shineco'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 Shineco, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shineco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.72 | |
β | Beta against Dow Jones | 4.12 | |
σ | Overall volatility | 3.25 | |
Ir | Information ratio | -0.26 |
Shineco 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 Shineco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shineco can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shineco generated a negative expected return over the last 90 days | |
| Shineco has high historical volatility and very poor performance | |
| Shineco has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 9.8 M. Net Loss for the year was (22.45 M) with profit before overhead, payroll, taxes, and interest of 129.2 K. | |
| Shineco currently holds about 15.33 M in cash with (3.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Shineco, Inc. Short Interest Update |
Shineco 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 Shineco Stock often depends not only on the future outlook of the current and potential Shineco'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. Shineco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.3 M | |
| Cash And Short Term Investments | 366.1 K |
Shineco Technical Analysis
Shineco's future price can be derived by breaking down and analyzing its technical indicators over time. Shineco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shineco. In general, you should focus on analyzing Shineco Stock price patterns and their correlations with different microeconomic environments and drivers.
Shineco Predictive Forecast Models
Shineco's time-series forecasting models is one of many Shineco'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 Shineco'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 Shineco
Checking the ongoing alerts about Shineco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shineco help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shineco generated a negative expected return over the last 90 days | |
| Shineco has high historical volatility and very poor performance | |
| Shineco has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 9.8 M. Net Loss for the year was (22.45 M) with profit before overhead, payroll, taxes, and interest of 129.2 K. | |
| Shineco currently holds about 15.33 M in cash with (3.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Shineco, Inc. Short Interest Update |
Check out Shineco Backtesting, Shineco Valuation, Shineco Correlation, Shineco Hype Analysis, Shineco Volatility, Shineco History as well as Shineco Performance. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Packaged Foods & Meats 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 Shineco. If investors know Shineco 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 Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (171.02) | Revenue Per Share 44.227 | Quarterly Revenue Growth 13.101 | Return On Assets (0.14) | Return On Equity (0.90) |
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco'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 Shineco's market value can be influenced by many factors that don't directly affect Shineco'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 Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco'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.