Nanjing Red (China) Probability of Future Stock Price Finishing Over 6.75
| 000525 Stock | 6.10 0.08 1.33% |
Nanjing |
Nanjing Red Target Price Odds to finish over 6.75
The tendency of Nanjing 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 6.75 or more in 90 days |
| 6.10 | 90 days | 6.75 | about 38.14 |
Based on a normal probability distribution, the odds of Nanjing Red to move over 6.75 or more in 90 days from now is about 38.14 (This Nanjing Red Sun probability density function shows the probability of Nanjing Stock to fall within a particular range of prices over 90 days) . Probability of Nanjing Red Sun price to stay between its current price of 6.10 and 6.75 at the end of the 90-day period is about 44.1 .
Assuming the 90 days trading horizon Nanjing Red Sun has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding Nanjing Red are expected to decrease at a much lower rate. During a bear market, however, Nanjing Red Sun is likely to outperform the market. Additionally Nanjing Red Sun has an alpha of 0.1231, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nanjing Red Price Density |
| Price |
Predictive Modules for Nanjing Red
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nanjing Red Sun. 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.Nanjing Red Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nanjing Red is not an exception. The market had few large corrections towards the Nanjing Red's 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 Nanjing Red Sun, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nanjing Red within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0.02 |
Nanjing Red 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 Nanjing Red for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nanjing Red Sun can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nanjing Red Sun had very high historical volatility over the last 90 days | |
| Nanjing Red Sun has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.23 B. Net Loss for the year was (389.12 M) with profit before overhead, payroll, taxes, and interest of 2.38 B. | |
| About 38.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: What Nanjing Red Sun Co.,Ltd.s 28 percent Share Price Gain Is Not Telling You - Simply Wall St |
Nanjing Red 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 Nanjing Stock often depends not only on the future outlook of the current and potential Nanjing Red'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. Nanjing Red's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 580.8 M | |
| Dividends Paid | 51.3 M | |
| Shares Float | 383.4 M |
Nanjing Red Technical Analysis
Nanjing Red's future price can be derived by breaking down and analyzing its technical indicators over time. Nanjing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nanjing Red Sun. In general, you should focus on analyzing Nanjing Stock price patterns and their correlations with different microeconomic environments and drivers.
Nanjing Red Predictive Forecast Models
Nanjing Red's time-series forecasting models is one of many Nanjing Red's 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 Nanjing Red's 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 Nanjing Red Sun
Checking the ongoing alerts about Nanjing Red for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nanjing Red Sun help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nanjing Red Sun had very high historical volatility over the last 90 days | |
| Nanjing Red Sun has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.23 B. Net Loss for the year was (389.12 M) with profit before overhead, payroll, taxes, and interest of 2.38 B. | |
| About 38.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: What Nanjing Red Sun Co.,Ltd.s 28 percent Share Price Gain Is Not Telling You - Simply Wall St |
Other Information on Investing in Nanjing Stock
Nanjing Red financial ratios help investors to determine whether Nanjing 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 Nanjing with respect to the benefits of owning Nanjing Red security.