Shenzhen Overseas (China) Probability of Future Stock Price Finishing Over 15.86
| 000069 Stock | 2.92 0.01 0.34% |
Shenzhen |
Shenzhen Overseas Target Price Odds to finish over 15.86
The tendency of Shenzhen Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 15.86 or more in 90 days |
| 2.92 | 90 days | 15.86 | close to zero percent |
Based on a normal probability distribution, the odds of Shenzhen Overseas to move over 15.86 or more in 90 days from now is close to zero percent (This Shenzhen Overseas Chinese probability density function shows the probability of Shenzhen Stock to fall within a particular range of prices over 90 days) . Probability of Shenzhen Overseas Chinese price to stay between its current price of 2.92 and 15.86 at the end of the 90-day period is about 36.61 .
Assuming the 90 days trading horizon Shenzhen Overseas Chinese has a beta of -0.54. This suggests as returns on the benchmark increase, returns on holding Shenzhen Overseas are expected to decrease at a much lower rate. During a bear market, however, Shenzhen Overseas Chinese is likely to outperform the market. Additionally Shenzhen Overseas Chinese has an alpha of 0.7501, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shenzhen Overseas Price Density |
| Price |
Predictive Modules for Shenzhen Overseas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shenzhen Overseas Chinese. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Shenzhen Overseas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shenzhen Overseas is not an exception. The market had few large corrections towards the Shenzhen Overseas' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Shenzhen Overseas Chinese, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shenzhen Overseas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | 0.17 |
Shenzhen Overseas Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Shenzhen Overseas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shenzhen Overseas Chinese can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shenzhen Overseas appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 55.74 B. Net Loss for the year was (6.49 B) with profit before overhead, payroll, taxes, and interest of 25.56 B. | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Record Shenzhen land sale is a confidence boost for Chinas property market - South China Morning Post |
Shenzhen Overseas Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Shenzhen Stock often depends not only on the future outlook of the current and potential Shenzhen Overseas' 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. Shenzhen Overseas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.2 B |
Shenzhen Overseas Technical Analysis
Shenzhen Overseas' future price can be derived by breaking down and analyzing its technical indicators over time. Shenzhen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shenzhen Overseas Chinese. In general, you should focus on analyzing Shenzhen Stock price patterns and their correlations with different microeconomic environments and drivers.
Shenzhen Overseas Predictive Forecast Models
Shenzhen Overseas' time-series forecasting models is one of many Shenzhen Overseas' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Shenzhen Overseas' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Shenzhen Overseas Chinese
Checking the ongoing alerts about Shenzhen Overseas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shenzhen Overseas Chinese help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shenzhen Overseas appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 55.74 B. Net Loss for the year was (6.49 B) with profit before overhead, payroll, taxes, and interest of 25.56 B. | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Record Shenzhen land sale is a confidence boost for Chinas property market - South China Morning Post |
Other Information on Investing in Shenzhen Stock
Shenzhen Overseas financial ratios help investors to determine whether Shenzhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shenzhen with respect to the benefits of owning Shenzhen Overseas security.