Viomi Technology Adr Stock Probability of Future Stock Price Finishing Under 1.51
| VIOT Stock | USD 1.48 0.05 3.27% |
Viomi |
Viomi Technology Target Price Odds to finish below 1.51
The tendency of Viomi 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 stay under $ 1.51 after 90 days |
| 1.48 | 90 days | 1.51 | about 60.37 |
Based on a normal probability distribution, the odds of Viomi Technology to stay under $ 1.51 after 90 days from now is about 60.37 (This Viomi Technology ADR probability density function shows the probability of Viomi Stock to fall within a particular range of prices over 90 days) . Probability of Viomi Technology ADR price to stay between its current price of $ 1.48 and $ 1.51 at the end of the 90-day period is about 7.86 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.54 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Viomi Technology will likely underperform. Additionally Viomi Technology ADR has an alpha of 0.0438, implying that it can generate a 0.0438 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Viomi Technology Price Density |
| Price |
Predictive Modules for Viomi Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viomi Technology ADR. 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.Viomi Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Viomi Technology is not an exception. The market had few large corrections towards the Viomi Technology'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 Viomi Technology ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Viomi Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.54 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.02 |
Viomi Technology 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 Viomi Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Viomi Technology ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Viomi Technology ADR generated a negative expected return over the last 90 days | |
| Viomi Technology ADR has high historical volatility and very poor performance | |
| Viomi Technology ADR may become a speculative penny stock | |
| Viomi Technology ADR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.49 B. Net Loss for the year was (89.33 M) with profit before overhead, payroll, taxes, and interest of 1.2 B. | |
| Viomi Technology ADR currently holds about 1.06 B in cash with (103.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: VIOT Stock Surges 5.56 percent Amidst Strong Financial Performance |
Viomi Technology 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 Viomi Stock often depends not only on the future outlook of the current and potential Viomi Technology'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. Viomi Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68.8 M | |
| Cash And Short Term Investments | 957.9 M |
Viomi Technology Technical Analysis
Viomi Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Viomi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Viomi Technology ADR. In general, you should focus on analyzing Viomi Stock price patterns and their correlations with different microeconomic environments and drivers.
Viomi Technology Predictive Forecast Models
Viomi Technology's time-series forecasting models is one of many Viomi Technology'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 Viomi Technology'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 Viomi Technology ADR
Checking the ongoing alerts about Viomi Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Viomi Technology ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Viomi Technology ADR generated a negative expected return over the last 90 days | |
| Viomi Technology ADR has high historical volatility and very poor performance | |
| Viomi Technology ADR may become a speculative penny stock | |
| Viomi Technology ADR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.49 B. Net Loss for the year was (89.33 M) with profit before overhead, payroll, taxes, and interest of 1.2 B. | |
| Viomi Technology ADR currently holds about 1.06 B in cash with (103.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: VIOT Stock Surges 5.56 percent Amidst Strong Financial Performance |
Additional Tools for Viomi Stock Analysis
When running Viomi Technology's price analysis, check to measure Viomi Technology'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 Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.