Shantui Construction (China) Probability of Future Stock Price Finishing Under 9.64
| 000680 Stock | 10.03 0.07 0.69% |
Shantui |
Shantui Construction Target Price Odds to finish below 9.64
The tendency of Shantui 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 drop to 9.64 or more in 90 days |
| 10.03 | 90 days | 9.64 | about 80.35 |
Based on a normal probability distribution, the odds of Shantui Construction to drop to 9.64 or more in 90 days from now is about 80.35 (This Shantui Construction Machinery probability density function shows the probability of Shantui Stock to fall within a particular range of prices over 90 days) . Probability of Shantui Construction price to stay between 9.64 and its current price of 10.03 at the end of the 90-day period is about 7.07 .
Assuming the 90 days trading horizon Shantui Construction Machinery has a beta of -0.16. This suggests as returns on the benchmark increase, returns on holding Shantui Construction are expected to decrease at a much lower rate. During a bear market, however, Shantui Construction Machinery is likely to outperform the market. Additionally Shantui Construction Machinery has an alpha of 0.6477, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shantui Construction Price Density |
| Price |
Predictive Modules for Shantui Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shantui Construction. 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.Shantui Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shantui Construction is not an exception. The market had few large corrections towards the Shantui Construction'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 Shantui Construction Machinery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shantui Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | 0.16 |
Shantui Construction 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 Shantui Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shantui Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shantui Construction appears to be risky and price may revert if volatility continues | |
| Shantui Construction is unlikely to experience financial distress in the next 2 years | |
| About 40.0% of the company shares are owned by insiders or employees |
Shantui Construction 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 Shantui Stock often depends not only on the future outlook of the current and potential Shantui Construction'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. Shantui Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 3.4 B |
Shantui Construction Technical Analysis
Shantui Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Shantui Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shantui Construction Machinery. In general, you should focus on analyzing Shantui Stock price patterns and their correlations with different microeconomic environments and drivers.
Shantui Construction Predictive Forecast Models
Shantui Construction's time-series forecasting models is one of many Shantui Construction'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 Shantui Construction'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 Shantui Construction
Checking the ongoing alerts about Shantui Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shantui Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shantui Construction appears to be risky and price may revert if volatility continues | |
| Shantui Construction is unlikely to experience financial distress in the next 2 years | |
| About 40.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Shantui Stock
Shantui Construction financial ratios help investors to determine whether Shantui 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 Shantui with respect to the benefits of owning Shantui Construction security.