Hi Trend (China) Price Prediction

688391 Stock   31.67  0.42  1.34%   
As of 26th of November 2024, The relative strength index (RSI) of Hi Trend's share price is at 58. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Hi Trend, making its price go up or down.

Oversold Vs Overbought

58

 
Oversold
 
Overbought
The successful prediction of Hi Trend's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Hi Trend TechCo, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Hi Trend's stock price prediction:
Quarterly Earnings Growth
(0.59)
Wall Street Target Price
97.68
Quarterly Revenue Growth
(0.16)
Using Hi Trend hype-based prediction, you can estimate the value of Hi Trend TechCo from the perspective of Hi Trend 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 Hi Trend to buy its stock at a price that has no basis in reality. In that case, they are not buying 688391 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.

Hi Trend after-hype prediction price

    
  CNY 33.26  
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 Hi Trend Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
22.6527.6932.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hi Trend. Your research has to be compared to or analyzed against Hi Trend's peers to derive any actionable benefits. When done correctly, Hi Trend'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 Hi Trend TechCo.

Hi Trend After-Hype Price Prediction Density Analysis

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

Hi Trend Estimiated After-Hype Price Volatility

In the context of predicting Hi Trend's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hi Trend's historical news coverage. Hi Trend's after-hype downside and upside margins for the prediction period are 28.22 and 38.30, respectively. We have considered Hi Trend'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
31.67
33.26
After-hype Price
38.30
Upside
Hi Trend is not too volatile at this time. Analysis and calculation of next after-hype price of Hi Trend TechCo is based on 3 months time horizon.

Hi Trend Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Hi Trend is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hi Trend 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 Hi Trend, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.56 
5.04
  1.59 
  0.51 
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
31.67
33.26
5.02 
177.46  
Notes

Hi Trend Hype Timeline

Hi Trend TechCo is presently traded for 31.67on Shanghai Stock Exchange of China. The entity has historical hype elasticity of 1.59, and average elasticity to hype of competition of 0.51. 688391 is forecasted to increase in value after the next headline, with the price projected to jump to 33.26 or above. The average volatility of media hype impact on the company the price is about 177.46%. The price jump on the next news is forecasted to be 5.02%, whereas the daily expected return is presently at 0.56%. The volatility of related hype on Hi Trend is about 558.45%, with the expected price after the next announcement by competition of 32.18. Hi Trend generates positive cash flow from operations, but has no cash availableAssuming the 90 days trading horizon the next forecasted press release will be in a few days.
Check out Hi Trend Basic Forecasting Models to cross-verify your projections.

Hi Trend Related Hype Analysis

Having access to credible news sources related to Hi Trend's direct competition is more important than ever and may enhance your ability to predict Hi Trend's future price movements. Getting to know how Hi Trend'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 Hi Trend 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
000678Xiangyang Automobile Bearing 3.86 2 per month 3.07  0.14  9.95 (5.06) 20.11 
002454Songz Automobile Air 0.30 1 per month 2.10  0.1  4.14 (3.51) 15.98 
600335Sinomach Automobile Co 0.00 0 per month 2.51  0.02  3.58 (3.67) 18.66 
601238Guangzhou Automobile Group 0.00 0 per month 2.13  0.05  3.68 (3.68) 15.37 
002084Guangzhou Seagull Kitchen 0.07 2 per month 2.90  0.08  4.62 (3.99) 19.18 
603713Milkyway Chemical Supply 2.49 1 per month 2.51  0.07  6.05 (4.52) 19.42 
002909Guangzhou Jointas Chemical 0.50 2 per month 2.04  0.17  4.37 (3.47) 17.26 
000572Haima Automobile Group 0.00 0 per month 3.88  0.10  9.94 (6.53) 19.60 

Hi Trend Additional Predictive Modules

Most predictive techniques to examine 688391 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 688391 using various technical indicators. When you analyze 688391 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 Hi Trend Predictive Indicators

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

Story Coverage note for Hi Trend

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

Hi Trend Short Properties

Hi Trend's future price predictability will typically decrease when Hi Trend's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hi Trend TechCo often depends not only on the future outlook of the potential Hi Trend'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. Hi Trend's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding121.1 M

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