Changjiang Jinggong (China) Price Prediction

600496 Stock   3.01  0.02  0.67%   
The relative strength momentum indicator of Changjiang Jinggong's the stock price is about 61. This suggests that the stock is rather overbought by investors as of 26th of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Changjiang, making its price go up or down.

Oversold Vs Overbought

61

 
Oversold
 
Overbought
The successful prediction of Changjiang Jinggong's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Changjiang Jinggong Steel, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Changjiang Jinggong's stock price prediction:
Quarterly Earnings Growth
0.37
Wall Street Target Price
2.94
EPS Estimate Current Quarter
0.1
Quarterly Revenue Growth
0.147
Using Changjiang Jinggong hype-based prediction, you can estimate the value of Changjiang Jinggong Steel from the perspective of Changjiang Jinggong 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 Changjiang Jinggong to buy its stock at a price that has no basis in reality. In that case, they are not buying Changjiang 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.

Changjiang Jinggong after-hype prediction price

    
  CNY 3.02  
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 Changjiang Jinggong Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.122.454.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Changjiang Jinggong. Your research has to be compared to or analyzed against Changjiang Jinggong's peers to derive any actionable benefits. When done correctly, Changjiang Jinggong'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 Changjiang Jinggong Steel.

Changjiang Jinggong After-Hype Price Prediction Density Analysis

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

Changjiang Jinggong Estimiated After-Hype Price Volatility

In the context of predicting Changjiang Jinggong's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Changjiang Jinggong's historical news coverage. Changjiang Jinggong's after-hype downside and upside margins for the prediction period are 0.55 and 5.49, respectively. We have considered Changjiang Jinggong'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
3.01
3.02
After-hype Price
5.49
Upside
Changjiang Jinggong is unstable at this time. Analysis and calculation of next after-hype price of Changjiang Jinggong Steel is based on 3 months time horizon.

Changjiang Jinggong Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Changjiang Jinggong is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Changjiang Jinggong 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 Changjiang Jinggong, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.43 
2.47
  0.01 
 0.00  
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.01
3.02
0.33 
12,350  
Notes

Changjiang Jinggong Hype Timeline

Changjiang Jinggong Steel is presently traded for 3.01on Shanghai Stock Exchange of China. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Changjiang is forecasted to increase in value after the next headline, with the price projected to jump to 3.02 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 0.33%, whereas the daily expected return is presently at 0.43%. The volatility of related hype on Changjiang Jinggong is about 41166.67%, with the expected price after the next announcement by competition of 3.01. The company reported the revenue of 16.51 B. Net Income was 548.39 M with profit before overhead, payroll, taxes, and interest of 2.21 B. Assuming the 90 days trading horizon the next forecasted press release will be very soon.
Check out Changjiang Jinggong Basic Forecasting Models to cross-verify your projections.

Changjiang Jinggong Related Hype Analysis

Having access to credible news sources related to Changjiang Jinggong's direct competition is more important than ever and may enhance your ability to predict Changjiang Jinggong's future price movements. Getting to know how Changjiang Jinggong'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 Changjiang Jinggong 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
601615Ming Yang Smart 0.13 2 per month 2.39  0.12  7.35 (4.15) 18.14 
159681159681 0.00 0 per month 2.93  0.11  8.99 (4.00) 36.32 
159005159005 0.00 0 per month 0.00 (4.35) 0.01  0.00  0.14 
300729Loctek Ergonomic Technology 0.00 0 per month 2.80  0.08  6.27 (2.63) 24.80 
516220516220 0.00 0 per month 1.66  0.05  5.26 (3.03) 17.74 
002096Hunan Nanling Industrial 0.01 1 per month 2.39  0.02  4.30 (3.86) 13.27 
300243Shandong Ruifeng Chemical(0.50)1 per month 3.12  0.15  10.41 (4.60) 26.79 
603269Jiangsu Seagull Cooling 0.00 0 per month 2.66  0.05  5.98 (4.63) 16.65 
300049Inner Mongolia Furui 0.30 3 per month 0.00 (0.06) 7.57 (7.51) 28.09 
600895Shanghai Zhangjiang Hi Tech 0.00 1 per month 3.13  0.15  10.01 (5.11) 19.00 

Changjiang Jinggong Additional Predictive Modules

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

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

Story Coverage note for Changjiang Jinggong

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

Changjiang Jinggong Short Properties

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

Complementary Tools for Changjiang Stock analysis

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