Changchun High (China) Price Prediction

000661 Stock   108.44  1.16  1.06%   
The relative strength index (RSI) of Changchun High's the stock price is about 65. This suggests that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Changchun, making its price go up or down.

Oversold Vs Overbought

65

 
Oversold
 
Overbought
The successful prediction of Changchun High's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Changchun High New, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Changchun High's stock price prediction:
Quarterly Earnings Growth
(0.27)
EPS Estimate Current Year
9.74
EPS Estimate Next Year
12.29
Wall Street Target Price
134.68
Quarterly Revenue Growth
(0.17)
Using Changchun High hype-based prediction, you can estimate the value of Changchun High New from the perspective of Changchun High response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Changchun High to buy its stock at a price that has no basis in reality. In that case, they are not buying Changchun because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Changchun High after-hype prediction price

    
  CNY 112.49  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Changchun High Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
85.1488.59120.56
Details
Naive
Forecast
LowNextHigh
108.25111.71115.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.442.442.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Changchun High. Your research has to be compared to or analyzed against Changchun High's peers to derive any actionable benefits. When done correctly, Changchun High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Changchun High New.

Changchun High After-Hype Price Prediction Density Analysis

As far as predicting the price of Changchun High at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Changchun High or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Changchun High, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Changchun High Estimiated After-Hype Price Volatility

In the context of predicting Changchun High's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Changchun High's historical news coverage. Changchun High's after-hype downside and upside margins for the prediction period are 109.04 and 115.94, respectively. We have considered Changchun High's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
108.44
109.04
Downside
112.49
After-hype Price
115.94
Upside
Changchun High is very steady at this time. Analysis and calculation of next after-hype price of Changchun High New is based on 3 months time horizon.

Changchun High Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Changchun High is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Changchun High backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Changchun High, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.60 
3.48
  2.94 
  0.16 
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
108.44
112.49
2.64 
71.02  
Notes

Changchun High Hype Timeline

Changchun High New is presently traded for 108.44on Shenzhen Stock Exchange of China. The entity has historical hype elasticity of 2.94, and average elasticity to hype of competition of 0.16. Changchun is forecasted to increase in value after the next headline, with the price projected to jump to 112.49 or above. The average volatility of media hype impact on the company the price is about 71.02%. The price jump on the next news is forecasted to be 2.64%, whereas the daily expected return is presently at 0.6%. The volatility of related hype on Changchun High is about 1316.76%, with the expected price after the next announcement by competition of 108.60. Changchun High New has accumulated 1.71 B in total debt. Assuming the 90 days trading horizon the next forecasted press release will be in a few days.
Check out Changchun High Basic Forecasting Models to cross-verify your projections.

Changchun High Related Hype Analysis

Having access to credible news sources related to Changchun High's direct competition is more important than ever and may enhance your ability to predict Changchun High's future price movements. Getting to know how Changchun High's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Changchun High may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
002219Hengkang Medical Group 0.00 0 per month 2.99  0.12  9.88 (5.43) 18.08 
301370GKHT Medical Technology 1.10 1 per month 3.54  0.05  4.41 (4.91) 27.19 
002115Sunwave Communications Co 0.32 1 per month 3.22  0.12  5.33 (4.97) 19.22 
002322Ningbo Ligong Online(0.25)1 per month 0.00 (0.06) 4.20 (3.83) 16.10 
300888Winner Medical Co 0.20 1 per month 3.15  0.09  6.18 (3.72) 34.27 
600872Jonjee Hi tech Industrial 0.00 0 per month 2.43  0.06  6.33 (3.58) 19.33 
603122Cowealth Medical China 0.48 1 per month 4.07  0.08  9.98 (7.83) 20.08 

Changchun High Additional Predictive Modules

Most predictive techniques to examine Changchun price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Changchun using various technical indicators. When you analyze Changchun charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Changchun High Predictive Indicators

The successful prediction of Changchun High stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Changchun High New, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Changchun High based on analysis of Changchun High hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Changchun High's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Changchun High's related companies.

Story Coverage note for Changchun High

The number of cover stories for Changchun High depends on current market conditions and Changchun High's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Changchun High is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Changchun High's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Changchun High Short Properties

Changchun High's future price predictability will typically decrease when Changchun High's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Changchun High New often depends not only on the future outlook of the potential Changchun High'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. Changchun High's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding404.7 M
Cash And Short Term Investments7.6 B

Complementary Tools for Changchun Stock analysis

When running Changchun High's price analysis, check to measure Changchun High'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 Changchun High is operating at the current time. Most of Changchun High's value examination focuses on studying past and present price action to predict the probability of Changchun High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changchun High's price. Additionally, you may evaluate how the addition of Changchun High to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings