Zhejiang Satellite (China) Price Prediction
| 002648 Stock | 17.95 0.22 1.24% |
Oversold Vs Overbought
45
Oversold | Overbought |
Quarterly Earnings Growth 0.018 | EPS Estimate Next Quarter 0.45 | EPS Estimate Current Year 1.65 | EPS Estimate Next Year 2.01 | Wall Street Target Price 22.17 |
Using Zhejiang Satellite hype-based prediction, you can estimate the value of Zhejiang Satellite Petrochemical from the perspective of Zhejiang Satellite 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 Zhejiang Satellite to buy its stock at a price that has no basis in reality. In that case, they are not buying Zhejiang 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.
Zhejiang Satellite after-hype prediction price | CNY 17.87 |
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.
Zhejiang |
Zhejiang Satellite After-Hype Price Prediction Density Analysis
As far as predicting the price of Zhejiang Satellite 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 Zhejiang Satellite 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 Zhejiang Satellite, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Zhejiang Satellite Estimiated After-Hype Price Volatility
In the context of predicting Zhejiang Satellite's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zhejiang Satellite's historical news coverage. Zhejiang Satellite's after-hype downside and upside margins for the prediction period are 15.38 and 20.36, respectively. We have considered Zhejiang Satellite'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
Zhejiang Satellite is not too volatile at this time. Analysis and calculation of next after-hype price of Zhejiang Satellite is based on 3 months time horizon.
Zhejiang Satellite Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Zhejiang Satellite is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zhejiang Satellite 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 Zhejiang Satellite, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 2.49 | 0.08 | 0.02 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
17.95 | 17.87 | 0.45 |
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Zhejiang Satellite Hype Timeline
Zhejiang Satellite is presently traded for 17.95on Shenzhen Stock Exchange of China. The entity has historical hype elasticity of -0.08, and average elasticity to hype of competition of 0.02. Zhejiang is forecasted to decline in value after the next headline, with the price expected to drop to 17.87. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.45%, whereas the daily expected return is presently at 0.22%. The volatility of related hype on Zhejiang Satellite is about 2371.43%, with the expected price after the next announcement by competition of 17.97. About 52.0% of the company shares are owned by insiders or employees . The book value of Zhejiang Satellite was presently reported as 8.36. The company last dividend was issued on the 14th of May 2024. Zhejiang Satellite had 1.4:1 split on the 13th of October 2022. Assuming the 90 days trading horizon the next forecasted press release will be very soon. Check out Zhejiang Satellite Basic Forecasting Models to cross-verify your projections.Zhejiang Satellite Related Hype Analysis
Having access to credible news sources related to Zhejiang Satellite's direct competition is more important than ever and may enhance your ability to predict Zhejiang Satellite's future price movements. Getting to know how Zhejiang Satellite'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 Zhejiang Satellite may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 603216 | Mengtian Home Group | 0.00 | 0 per month | 2.06 | 0.10 | 3.02 | (2.32) | 15.60 | |
| 002293 | Luolai Home Textile | (0.08) | 1 per month | 2.21 | 0.10 | 4.87 | (3.09) | 15.56 | |
| 603008 | Xilinmen Furniture Co | 0.71 | 1 per month | 2.72 | 0.09 | 5.97 | (4.00) | 18.34 | |
| 603551 | AUPU Home Style | 0.00 | 0 per month | 1.94 | 0.04 | 3.98 | (3.13) | 12.26 | |
| 600633 | Zhejiang Daily Media | (0.66) | 1 per month | 2.47 | 0.10 | 5.61 | (4.02) | 14.64 | |
| 603818 | Qumei Furniture Group | 0.00 | 0 per month | 2.87 | 0.13 | 7.37 | (4.61) | 20.01 | |
| 002798 | DO Home Collection | 0.04 | 2 per month | 2.62 | 0.13 | 5.28 | (4.50) | 17.50 | |
| 603365 | Shanghai Shuixing Home | 0.83 | 2 per month | 2.42 | 0.09 | 6.95 | (3.30) | 18.47 |
Zhejiang Satellite Additional Predictive Modules
Most predictive techniques to examine Zhejiang price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zhejiang using various technical indicators. When you analyze Zhejiang 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Zhejiang Satellite Predictive Indicators
The successful prediction of Zhejiang Satellite 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 Zhejiang Satellite Petrochemical, 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 Zhejiang Satellite based on analysis of Zhejiang Satellite hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Zhejiang Satellite's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Zhejiang Satellite's related companies.
Story Coverage note for Zhejiang Satellite
The number of cover stories for Zhejiang Satellite depends on current market conditions and Zhejiang Satellite's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zhejiang Satellite 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 Zhejiang Satellite's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Zhejiang Satellite Short Properties
Zhejiang Satellite's future price predictability will typically decrease when Zhejiang Satellite's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zhejiang Satellite Petrochemical often depends not only on the future outlook of the potential Zhejiang Satellite'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. Zhejiang Satellite's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Satellite's price analysis, check to measure Zhejiang Satellite'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 Zhejiang Satellite is operating at the current time. Most of Zhejiang Satellite's value examination focuses on studying past and present price action to predict the probability of Zhejiang Satellite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Satellite's price. Additionally, you may evaluate how the addition of Zhejiang Satellite to your portfolios can decrease your overall portfolio volatility.
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