Dongguan Chitwing (China) Price Prediction

002855 Stock   24.37  0.89  3.52%   
The relative strength index (RSI) of Dongguan Chitwing's the stock price is about 68. 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 Dongguan, making its price go up or down.

Oversold Vs Overbought

68

 
Oversold
 
Overbought
The successful prediction of Dongguan Chitwing's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Dongguan Chitwing Technology, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Dongguan Chitwing's stock price prediction:
Quarterly Earnings Growth
2
Quarterly Revenue Growth
(0.01)
Using Dongguan Chitwing hype-based prediction, you can estimate the value of Dongguan Chitwing Technology from the perspective of Dongguan Chitwing 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 Dongguan Chitwing to buy its stock at a price that has no basis in reality. In that case, they are not buying Dongguan 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.

Dongguan Chitwing after-hype prediction price

    
  CNY 25.31  
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 Dongguan Chitwing Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
15.6520.3427.79
Details
Naive
Forecast
LowNextHigh
21.1225.8130.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.6127.1929.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dongguan Chitwing. Your research has to be compared to or analyzed against Dongguan Chitwing's peers to derive any actionable benefits. When done correctly, Dongguan Chitwing'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 Dongguan Chitwing.

Dongguan Chitwing After-Hype Price Prediction Density Analysis

As far as predicting the price of Dongguan Chitwing 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 Dongguan Chitwing 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 Dongguan Chitwing, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Dongguan Chitwing Estimiated After-Hype Price Volatility

In the context of predicting Dongguan Chitwing's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dongguan Chitwing's historical news coverage. Dongguan Chitwing's after-hype downside and upside margins for the prediction period are 20.62 and 30.00, respectively. We have considered Dongguan Chitwing'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
24.37
25.31
After-hype Price
30.00
Upside
Dongguan Chitwing is somewhat reliable at this time. Analysis and calculation of next after-hype price of Dongguan Chitwing is based on 3 months time horizon.

Dongguan Chitwing Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Dongguan Chitwing is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dongguan Chitwing 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 Dongguan Chitwing, 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 
4.72
  0.04 
  0.02 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
24.37
25.31
0.20 
6,743  
Notes

Dongguan Chitwing Hype Timeline

Dongguan Chitwing is presently traded for 24.37on Shenzhen Stock Exchange of China. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of -0.02. Dongguan is forecasted to increase in value after the next headline, with the price projected to jump to 25.31 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is forecasted to be 0.2%, whereas the daily expected return is presently at 0.6%. The volatility of related hype on Dongguan Chitwing is about 14523.08%, with the expected price after the next announcement by competition of 24.35. The company reported the revenue of 1.77 B. Net Loss for the year was (119.23 M) with profit before overhead, payroll, taxes, and interest of 257.53 M. Assuming the 90 days trading horizon the next forecasted press release will be very soon.
Check out Dongguan Chitwing Basic Forecasting Models to cross-verify your projections.

Dongguan Chitwing Related Hype Analysis

Having access to credible news sources related to Dongguan Chitwing's direct competition is more important than ever and may enhance your ability to predict Dongguan Chitwing's future price movements. Getting to know how Dongguan Chitwing'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 Dongguan Chitwing 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
601288Agricultural Bank of(0.15)1 per month 1.97 (0.06) 3.21 (3.89) 8.24 
601398Industrial and Commercial(0.04)3 per month 1.58 (0.06) 2.83 (3.06) 8.14 
601988Bank of China 0.14 3 per month 1.51 (0.03) 2.67 (2.86) 7.70 
601857PetroChina Co Ltd(0.09)2 per month 0.00 (0.11) 3.43 (3.33) 17.17 
600028China Petroleum Chemical 0.06 2 per month 0.00 (0.1) 4.21 (3.26) 10.77 
601658Postal Savings Bank(0.12)2 per month 1.79  0.01  3.49 (2.84) 9.13 
601728China Telecom Corp(0.06)2 per month 1.77  0.04  3.49 (3.17) 11.12 
601816Beijing Shanghai High Speed 0.00 0 per month 0.00 (0.09) 2.14 (2.43) 11.88 

Dongguan Chitwing Additional Predictive Modules

Most predictive techniques to examine Dongguan price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dongguan using various technical indicators. When you analyze Dongguan 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 Dongguan Chitwing Predictive Indicators

The successful prediction of Dongguan Chitwing 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 Dongguan Chitwing Technology, 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 Dongguan Chitwing based on analysis of Dongguan Chitwing hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Dongguan Chitwing's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dongguan Chitwing's related companies.

Story Coverage note for Dongguan Chitwing

The number of cover stories for Dongguan Chitwing depends on current market conditions and Dongguan Chitwing's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dongguan Chitwing 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 Dongguan Chitwing'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

Dongguan Chitwing Short Properties

Dongguan Chitwing's future price predictability will typically decrease when Dongguan Chitwing's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Dongguan Chitwing Technology often depends not only on the future outlook of the potential Dongguan Chitwing'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. Dongguan Chitwing's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding246.4 M

Complementary Tools for Dongguan Stock analysis

When running Dongguan Chitwing's price analysis, check to measure Dongguan Chitwing'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 Dongguan Chitwing is operating at the current time. Most of Dongguan Chitwing's value examination focuses on studying past and present price action to predict the probability of Dongguan Chitwing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongguan Chitwing's price. Additionally, you may evaluate how the addition of Dongguan Chitwing to your portfolios can decrease your overall portfolio volatility.
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