Cheche Group Class Stock Price Prediction

CCG Stock   0.87  0.03  3.33%   
The relative strength index (RSI) of Cheche Group's the stock price is roughly 64 suggesting that the stock is rather overbought by investors as of 24th of November 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Cheche, making its price go up or down.

Oversold Vs Overbought

64

 
Oversold
 
Overbought
The successful prediction of Cheche Group's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Cheche Group and does not consider all of the tangible or intangible factors available from Cheche Group's fundamental data. We analyze noise-free headlines and recent hype associated with Cheche Group Class, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Cheche Group's stock price prediction:
EPS Estimate Current Year
(0.69)
EPS Estimate Next Year
(0.34)
Wall Street Target Price
2.5
Quarterly Revenue Growth
0.025
Using Cheche Group hype-based prediction, you can estimate the value of Cheche Group Class from the perspective of Cheche Group 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 Cheche Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Cheche 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.

Cheche Group after-hype prediction price

    
  USD 0.87  
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.
  
Check out Cheche Group Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cheche Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.061.247.90
Details
Naive
Forecast
LowNextHigh
0.020.767.42
Details
1 Analysts
Consensus
LowTargetHigh
2.282.502.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.09-0.09-0.09
Details

Cheche Group After-Hype Price Prediction Density Analysis

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

Cheche Group Estimiated After-Hype Price Volatility

In the context of predicting Cheche Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cheche Group's historical news coverage. Cheche Group's after-hype downside and upside margins for the prediction period are 0.04 and 7.53, respectively. We have considered Cheche Group'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
0.87
0.87
After-hype Price
7.53
Upside
Cheche Group is extremely dangerous at this time. Analysis and calculation of next after-hype price of Cheche Group Class is based on 3 months time horizon.

Cheche Group Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Cheche Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cheche Group 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 Cheche Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
6.66
 0.00  
  0.02 
7 Events / Month
7 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.87
0.87
0.00 
13,320  
Notes

Cheche Group Hype Timeline

On the 24th of November Cheche Group Class is traded for 0.87. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Cheche 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.08%. %. The volatility of related hype on Cheche Group is about 2846.15%, with the expected price after the next announcement by competition of 0.85. About 72.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.37. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cheche Group Class recorded a loss per share of 1.43. The entity last dividend was issued on the December 29, 2014. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days.
Check out Cheche Group Basic Forecasting Models to cross-verify your projections.

Cheche Group Related Hype Analysis

Having access to credible news sources related to Cheche Group's direct competition is more important than ever and may enhance your ability to predict Cheche Group's future price movements. Getting to know how Cheche Group'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 Cheche Group 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
ZZillow Group Class(0.01)9 per month 1.57  0.16  5.19 (2.96) 25.67 
BZKanzhun Ltd ADR(0.05)8 per month 0.00 (0.03) 7.36 (6.06) 28.38 
OBOutbrain 0.07 10 per month 2.06 (0.05) 3.52 (3.96) 12.83 
TCTuanChe ADR(0.12)10 per month 0.00 (0.17) 7.06 (12.09) 32.75 
WBWeibo Corp(0.03)9 per month 3.16  0.04  7.48 (5.36) 23.98 
YYYY Inc Class(1.18)7 per month 2.02 (0.06) 3.61 (3.82) 8.81 
ZHZhihu Inc ADR 0.39 5 per month 3.11  0.05  6.49 (5.09) 23.67 
DOYUDouYu International Holdings(0.59)9 per month 0.00 (0.07) 7.28 (6.42) 53.61 
EVEREverQuote Class A(0.95)11 per month 0.00 (0.04) 7.41 (4.96) 21.16 
FENGPhoenix New Media 0.13 7 per month 0.00 (0.09) 6.32 (8.27) 21.90 

Cheche Group Additional Predictive Modules

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

The successful prediction of Cheche Group 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 Cheche Group Class, 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 Cheche Group based on analysis of Cheche Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cheche Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cheche Group's related companies.
 2010 2022 2023 2024 (projected)
Payables Turnover9.1811.179.988.09
Days Of Inventory On Hand2.991.962.262.73

Story Coverage note for Cheche Group

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

Cheche Group Short Properties

Cheche Group's future price predictability will typically decrease when Cheche Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cheche Group Class often depends not only on the future outlook of the potential Cheche Group'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. Cheche Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding45.4 M
Cash And Short Term Investments264.9 M

Complementary Tools for Cheche Stock analysis

When running Cheche Group's price analysis, check to measure Cheche Group'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 Cheche Group is operating at the current time. Most of Cheche Group's value examination focuses on studying past and present price action to predict the probability of Cheche Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche Group's price. Additionally, you may evaluate how the addition of Cheche Group to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets