Zhejiang Xiantong (China) Price Prediction

603239 Stock   14.35  0.09  0.62%   
As of 11th of December 2024, the relative strength index (RSI) of Zhejiang Xiantong's share price is approaching 43. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Zhejiang Xiantong, making its price go up or down.

Oversold Vs Overbought

43

 
Oversold
 
Overbought
The successful prediction of Zhejiang Xiantong's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Zhejiang Xiantong RubberPlastic, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Zhejiang Xiantong's stock price prediction:
Quarterly Earnings Growth
(0.12)
Quarterly Revenue Growth
0.03
Using Zhejiang Xiantong hype-based prediction, you can estimate the value of Zhejiang Xiantong RubberPlastic from the perspective of Zhejiang Xiantong 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 Xiantong 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 Xiantong after-hype prediction price

    
  CNY 14.35  
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 Zhejiang Xiantong Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
10.7313.6516.57
Details
Naive
Forecast
LowNextHigh
11.4214.3417.26
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 Zhejiang Xiantong. Your research has to be compared to or analyzed against Zhejiang Xiantong's peers to derive any actionable benefits. When done correctly, Zhejiang Xiantong'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 Zhejiang Xiantong.

Zhejiang Xiantong After-Hype Price Prediction Density Analysis

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

Zhejiang Xiantong Estimiated After-Hype Price Volatility

In the context of predicting Zhejiang Xiantong's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zhejiang Xiantong's historical news coverage. Zhejiang Xiantong's after-hype downside and upside margins for the prediction period are 11.43 and 17.27, respectively. We have considered Zhejiang Xiantong'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
14.35
14.35
After-hype Price
17.27
Upside
Zhejiang Xiantong is not too volatile at this time. Analysis and calculation of next after-hype price of Zhejiang Xiantong is based on 3 months time horizon.

Zhejiang Xiantong Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Zhejiang Xiantong is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zhejiang Xiantong 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 Xiantong, 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 
2.92
 0.00  
 0.00  
0 Events / Month
2 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.35
14.35
0.00 
0.00  
Notes

Zhejiang Xiantong Hype Timeline

Zhejiang Xiantong is presently traded for 14.35on Shanghai Stock Exchange of China. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Zhejiang is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.43%. %. The volatility of related hype on Zhejiang Xiantong is about 73000.0%, with the expected price after the next announcement by competition of 14.35. About 62.0% of the company shares are owned by insiders or employees . The book value of Zhejiang Xiantong was presently reported as 4.13. The company last dividend was issued on the 23rd of May 2024. Zhejiang Xiantong had 30:10 split on the 9th of May 2017. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Zhejiang Xiantong Basic Forecasting Models to cross-verify your projections.

Zhejiang Xiantong Related Hype Analysis

Having access to credible news sources related to Zhejiang Xiantong's direct competition is more important than ever and may enhance your ability to predict Zhejiang Xiantong's future price movements. Getting to know how Zhejiang Xiantong'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 Xiantong 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
605259Lutian Machinery Co 0.00 0 per month 2.08  0.10  3.35 (3.43) 14.98 
601857PetroChina Co Ltd(0.09)2 per month 0.00 (0.09) 3.55 (3.33) 17.17 
601988Bank of China 0.02 2 per month 1.22  0.01  2.67 (2.40) 7.70 
600307Gansu Jiu Steel 0.05 1 per month 2.64  0.16  9.56 (3.55) 19.98 
002526Shandong Mining Machinery(0.02)1 per month 2.81  0.31  10.09 (4.35) 20.08 
300261Aba Chemicals Corp(0.32)1 per month 3.85  0.12  12.80 (6.28) 30.23 
300058BlueFocus Communication Group 0.20 1 per month 3.81  0.21  15.79 (6.65) 29.95 
300590Queclink Wireless Solutions(0.65)3 per month 4.07  0.11  5.96 (5.99) 36.78 
600742Changchun Faway Automobile 0.25 4 per month 2.00  0.11  3.88 (3.15) 12.33 
300076Ningbo GQY Video 0.60 2 per month 4.15  0.22  9.24 (7.17) 32.41 

Zhejiang Xiantong 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.

About Zhejiang Xiantong Predictive Indicators

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

Story Coverage note for Zhejiang Xiantong

The number of cover stories for Zhejiang Xiantong depends on current market conditions and Zhejiang Xiantong'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 Xiantong 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 Xiantong'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

Zhejiang Xiantong Short Properties

Zhejiang Xiantong's future price predictability will typically decrease when Zhejiang Xiantong's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Zhejiang Xiantong RubberPlastic often depends not only on the future outlook of the potential Zhejiang Xiantong'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 Xiantong's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding270.7 M

Complementary Tools for Zhejiang Stock analysis

When running Zhejiang Xiantong's price analysis, check to measure Zhejiang Xiantong'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 Xiantong is operating at the current time. Most of Zhejiang Xiantong's value examination focuses on studying past and present price action to predict the probability of Zhejiang Xiantong'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 Xiantong's price. Additionally, you may evaluate how the addition of Zhejiang Xiantong to your portfolios can decrease your overall portfolio volatility.
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