Runjian Communication (China) Price Prediction
002929 Stock | 29.29 0.90 2.98% |
Oversold Vs Overbought
61
Oversold | Overbought |
Quarterly Earnings Growth (0.74) | EPS Estimate Current Year 1.29 | EPS Estimate Next Year 1.61 | Wall Street Target Price 32 | Quarterly Revenue Growth (0.02) |
Using Runjian Communication hype-based prediction, you can estimate the value of Runjian Communication Co from the perspective of Runjian Communication 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 Runjian Communication to buy its stock at a price that has no basis in reality. In that case, they are not buying Runjian 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.
Runjian Communication after-hype prediction price | CNY 28.78 |
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.
Runjian |
Runjian Communication After-Hype Price Prediction Density Analysis
As far as predicting the price of Runjian Communication 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 Runjian Communication 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 Runjian Communication, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Runjian Communication Estimiated After-Hype Price Volatility
In the context of predicting Runjian Communication's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Runjian Communication's historical news coverage. Runjian Communication's after-hype downside and upside margins for the prediction period are 25.52 and 32.04, respectively. We have considered Runjian Communication'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
Runjian Communication is not too volatile at this time. Analysis and calculation of next after-hype price of Runjian Communication is based on 3 months time horizon.
Runjian Communication Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Runjian Communication is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Runjian Communication 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 Runjian Communication, 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 |
0.32 | 3.26 | 0.51 | 0.12 | 2 Events / Month | 1 Events / Month | In a few days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
29.29 | 28.78 | 1.74 |
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Runjian Communication Hype Timeline
Runjian Communication is presently traded for 29.29on Shenzhen Stock Exchange of China. The entity has historical hype elasticity of -0.51, and average elasticity to hype of competition of 0.12. Runjian is forecasted to decline in value after the next headline, with the price expected to drop to 28.78. 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 -1.74%, whereas the daily expected return is presently at 0.32%. The volatility of related hype on Runjian Communication is about 838.59%, with the expected price after the next announcement by competition of 29.41. About 52.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.33. In the past many companies with similar price-to-book ratios have beat the market. Runjian Communication last dividend was issued on the 17th of July 2024. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Runjian Communication Basic Forecasting Models to cross-verify your projections.Runjian Communication Related Hype Analysis
Having access to credible news sources related to Runjian Communication's direct competition is more important than ever and may enhance your ability to predict Runjian Communication's future price movements. Getting to know how Runjian Communication'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 Runjian Communication may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
002572 | Suofeiya Home Collection | (0.25) | 2 per month | 2.64 | 0.06 | 6.87 | (3.62) | 19.97 | |
002115 | Sunwave Communications Co | 0.32 | 1 per month | 3.22 | 0.12 | 5.33 | (4.97) | 19.22 | |
603600 | UE Furniture Co | 0.00 | 0 per month | 1.59 | 0.09 | 4.78 | (2.71) | 11.73 | |
600131 | State Grid InformationCommunication | 1.21 | 1 per month | 2.65 | 0.07 | 4.83 | (4.14) | 16.17 | |
688387 | CICT Mobile Communication | 0.14 | 1 per month | 3.01 | 0.08 | 5.56 | (5.86) | 20.66 | |
002446 | Guangdong Shenglu Telecommunication | 0.21 | 1 per month | 2.76 | 0.08 | 5.22 | (4.62) | 18.81 | |
603709 | Zoy Home Furnishing | 0.13 | 2 per month | 2.39 | 0.07 | 4.59 | (3.03) | 17.40 | |
002792 | Tongyu Communication | 1.35 | 2 per month | 3.17 | 0.16 | 9.98 | (5.72) | 17.25 |
Runjian Communication Additional Predictive Modules
Most predictive techniques to examine Runjian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Runjian using various technical indicators. When you analyze Runjian 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 Runjian Communication Predictive Indicators
The successful prediction of Runjian Communication 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 Runjian Communication Co, 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 Runjian Communication based on analysis of Runjian Communication hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Runjian Communication's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Runjian Communication's related companies.
Story Coverage note for Runjian Communication
The number of cover stories for Runjian Communication depends on current market conditions and Runjian Communication's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Runjian Communication 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 Runjian Communication's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Runjian Communication Short Properties
Runjian Communication's future price predictability will typically decrease when Runjian Communication's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Runjian Communication Co often depends not only on the future outlook of the potential Runjian Communication'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. Runjian Communication's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 255 M | |
Cash And Short Term Investments | 1.9 B |
Complementary Tools for Runjian Stock analysis
When running Runjian Communication's price analysis, check to measure Runjian Communication'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 Runjian Communication is operating at the current time. Most of Runjian Communication's value examination focuses on studying past and present price action to predict the probability of Runjian Communication's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Runjian Communication's price. Additionally, you may evaluate how the addition of Runjian Communication to your portfolios can decrease your overall portfolio volatility.
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