Xinyi Glass Holdings Stock Probability of Future Pink Sheet Price Finishing Under 15.59
| XYIGY Stock | USD 20.23 1.06 4.98% |
Xinyi |
Xinyi Glass Target Price Odds to finish below 15.59
The tendency of Xinyi 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 $ 15.59 or more in 90 days |
| 20.23 | 90 days | 15.59 | under 4 |
Based on a normal probability distribution, the odds of Xinyi Glass to drop to $ 15.59 or more in 90 days from now is under 4 (This Xinyi Glass Holdings probability density function shows the probability of Xinyi Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Xinyi Glass Holdings price to stay between $ 15.59 and its current price of $20.23 at the end of the 90-day period is about 38.49 .
Assuming the 90 days horizon Xinyi Glass Holdings has a beta of -0.48. This entails as returns on the benchmark increase, returns on holding Xinyi Glass are expected to decrease at a much lower rate. During a bear market, however, Xinyi Glass Holdings is likely to outperform the market. Additionally Xinyi Glass Holdings has an alpha of 0.4197, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xinyi Glass Price Density |
| Price |
Predictive Modules for Xinyi Glass
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xinyi Glass Holdings. 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.Xinyi Glass Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xinyi Glass is not an exception. The market had few large corrections towards the Xinyi Glass' 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 Xinyi Glass Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xinyi Glass within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -0.48 | |
σ | Overall volatility | 2.94 | |
Ir | Information ratio | 0.05 |
Xinyi Glass 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 Xinyi Glass for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xinyi Glass Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xinyi Glass Holdings had very high historical volatility over the last 90 days |
Xinyi Glass 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 Xinyi Pink Sheet often depends not only on the future outlook of the current and potential Xinyi Glass' 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. Xinyi Glass' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 B |
Xinyi Glass Technical Analysis
Xinyi Glass' future price can be derived by breaking down and analyzing its technical indicators over time. Xinyi Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xinyi Glass Holdings. In general, you should focus on analyzing Xinyi Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Xinyi Glass Predictive Forecast Models
Xinyi Glass' time-series forecasting models is one of many Xinyi Glass' 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 Xinyi Glass' 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 Xinyi Glass Holdings
Checking the ongoing alerts about Xinyi Glass for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xinyi Glass Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xinyi Glass Holdings had very high historical volatility over the last 90 days |
Additional Tools for Xinyi Pink Sheet Analysis
When running Xinyi Glass' price analysis, check to measure Xinyi Glass' 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 Xinyi Glass is operating at the current time. Most of Xinyi Glass' value examination focuses on studying past and present price action to predict the probability of Xinyi Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinyi Glass' price. Additionally, you may evaluate how the addition of Xinyi Glass to your portfolios can decrease your overall portfolio volatility.