SINOPEC OILFIELD-H- (Germany) Probability of Future Stock Price Finishing Over 0.069
| YIZH Stock | 0.07 0 2.17% |
SINOPEC |
SINOPEC OILFIELD-H- Target Price Odds to finish over 0.069
The tendency of SINOPEC 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 move over 0.07 or more in 90 days |
| 0.07 | 90 days | 0.07 | about 34.92 |
Based on a normal probability distribution, the odds of SINOPEC OILFIELD-H- to move over 0.07 or more in 90 days from now is about 34.92 (This SINOPEC OILFIELD H probability density function shows the probability of SINOPEC Stock to fall within a particular range of prices over 90 days) . Probability of SINOPEC OILFIELD-H- price to stay between its current price of 0.07 and 0.07 at the end of the 90-day period is nearly 4.39 .
Assuming the 90 days trading horizon SINOPEC OILFIELD-H- has a beta of 0.78. This entails as returns on the market go up, SINOPEC OILFIELD-H- average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SINOPEC OILFIELD H will be expected to be much smaller as well. Additionally SINOPEC OILFIELD H has an alpha of 0.816, implying that it can generate a 0.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SINOPEC OILFIELD-H- Price Density |
| Price |
Predictive Modules for SINOPEC OILFIELD-H-
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SINOPEC OILFIELD-H-. 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.SINOPEC OILFIELD-H- Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SINOPEC OILFIELD-H- is not an exception. The market had few large corrections towards the SINOPEC OILFIELD-H-'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 SINOPEC OILFIELD H , one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SINOPEC OILFIELD-H- within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
SINOPEC OILFIELD-H- 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 SINOPEC OILFIELD-H- for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SINOPEC OILFIELD-H- can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SINOPEC OILFIELD-H- is way too risky over 90 days horizon | |
| SINOPEC OILFIELD-H- has some characteristics of a very speculative penny stock | |
| SINOPEC OILFIELD-H- appears to be risky and price may revert if volatility continues |
SINOPEC OILFIELD-H- Technical Analysis
SINOPEC OILFIELD-H-'s future price can be derived by breaking down and analyzing its technical indicators over time. SINOPEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SINOPEC OILFIELD H . In general, you should focus on analyzing SINOPEC Stock price patterns and their correlations with different microeconomic environments and drivers.
SINOPEC OILFIELD-H- Predictive Forecast Models
SINOPEC OILFIELD-H-'s time-series forecasting models is one of many SINOPEC OILFIELD-H-'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 SINOPEC OILFIELD-H-'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 SINOPEC OILFIELD-H-
Checking the ongoing alerts about SINOPEC OILFIELD-H- for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SINOPEC OILFIELD-H- help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SINOPEC OILFIELD-H- is way too risky over 90 days horizon | |
| SINOPEC OILFIELD-H- has some characteristics of a very speculative penny stock | |
| SINOPEC OILFIELD-H- appears to be risky and price may revert if volatility continues |
Additional Tools for SINOPEC Stock Analysis
When running SINOPEC OILFIELD-H-'s price analysis, check to measure SINOPEC OILFIELD-H-'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 SINOPEC OILFIELD-H- is operating at the current time. Most of SINOPEC OILFIELD-H-'s value examination focuses on studying past and present price action to predict the probability of SINOPEC OILFIELD-H-'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SINOPEC OILFIELD-H-'s price. Additionally, you may evaluate how the addition of SINOPEC OILFIELD-H- to your portfolios can decrease your overall portfolio volatility.