Yirendai Stock Odds of Future Stock Price Finishing Over 3.97
| YRD Stock | USD 5.24 0.69 15.16% |
Yirendai |
Yirendai Target Price Odds to finish over 3.97
The tendency of Yirendai 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 above $ 3.97 in 90 days |
| 5.24 | 90 days | 3.97 | more than 93.0 |
Based on a normal probability distribution, the odds of Yirendai to stay above $ 3.97 in 90 days from now is more than 93.0 (This Yirendai probability density function shows the probability of Yirendai Stock to fall within a particular range of prices over 90 days) . Probability of Yirendai price to stay between $ 3.97 and its current price of $5.24 at the end of the 90-day period is about 35.61 .
Considering the 90-day investment horizon Yirendai has a beta of -0.0861. This entails as returns on the benchmark increase, returns on holding Yirendai are expected to decrease at a much lower rate. During a bear market, however, Yirendai is likely to outperform the market. Additionally Yirendai has an alpha of 0.3686, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yirendai Price Density |
| Price |
Predictive Modules for Yirendai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yirendai. 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.Yirendai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yirendai is not an exception. The market had few large corrections towards the Yirendai'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 Yirendai, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yirendai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | 0.04 |
Yirendai 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 Yirendai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yirendai can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yirendai is way too risky over 90 days horizon | |
| Yirendai appears to be risky and price may revert if volatility continues | |
| Yirendai is unlikely to experience financial distress in the next 2 years | |
| Yirendai has a strong financial position based on the latest SEC filings | |
| On 15th of October 2024 Yirendai paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Yiren Digital Reports Third Quarter 2024 Financial Results |
Yirendai 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 Yirendai Stock often depends not only on the future outlook of the current and potential Yirendai'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. Yirendai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.3 M | |
| Cash And Short Term Investments | 6.2 B |
Yirendai Technical Analysis
Yirendai's future price can be derived by breaking down and analyzing its technical indicators over time. Yirendai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yirendai. In general, you should focus on analyzing Yirendai Stock price patterns and their correlations with different microeconomic environments and drivers.
Yirendai Predictive Forecast Models
Yirendai's time-series forecasting models is one of many Yirendai'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 Yirendai'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 Yirendai
Checking the ongoing alerts about Yirendai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yirendai help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yirendai is way too risky over 90 days horizon | |
| Yirendai appears to be risky and price may revert if volatility continues | |
| Yirendai is unlikely to experience financial distress in the next 2 years | |
| Yirendai has a strong financial position based on the latest SEC filings | |
| On 15th of October 2024 Yirendai paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Yiren Digital Reports Third Quarter 2024 Financial Results |
Check out Yirendai Backtesting, Yirendai Valuation, Yirendai Correlation, Yirendai Hype Analysis, Yirendai Volatility, Yirendai History as well as Yirendai Performance. For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Consumer Finance 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 Yirendai. If investors know Yirendai 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 Yirendai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Earnings Share 3.16 | Revenue Per Share 62.45 | Quarterly Revenue Growth 0.13 | Return On Assets 0.1606 |
The market value of Yirendai is measured differently than its book value, which is the value of Yirendai that is recorded on the company's balance sheet. Investors also form their own opinion of Yirendai's value that differs from its market value or its book value, called intrinsic value, which is Yirendai'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 Yirendai's market value can be influenced by many factors that don't directly affect Yirendai'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 Yirendai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yirendai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yirendai'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.