Jiugui Liquor (China) Probability of Future Stock Price Finishing Under 46.55
| 000799 Stock | 59.11 0.93 1.60% |
Jiugui |
Jiugui Liquor Target Price Odds to finish below 46.55
The tendency of Jiugui 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 46.55 or more in 90 days |
| 59.11 | 90 days | 46.55 | about 33.21 |
Based on a normal probability distribution, the odds of Jiugui Liquor to drop to 46.55 or more in 90 days from now is about 33.21 (This Jiugui Liquor Co probability density function shows the probability of Jiugui Stock to fall within a particular range of prices over 90 days) . Probability of Jiugui Liquor price to stay between 46.55 and its current price of 59.11 at the end of the 90-day period is about 48.56 .
Assuming the 90 days trading horizon Jiugui Liquor has a beta of 0.42. This suggests as returns on the market go up, Jiugui Liquor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jiugui Liquor Co will be expected to be much smaller as well. Additionally Jiugui Liquor Co has an alpha of 0.7418, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jiugui Liquor Price Density |
| Price |
Predictive Modules for Jiugui Liquor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jiugui Liquor. 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.Jiugui Liquor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jiugui Liquor is not an exception. The market had few large corrections towards the Jiugui Liquor'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 Jiugui Liquor Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jiugui Liquor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.74 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 9.36 | |
Ir | Information ratio | 0.17 |
Jiugui Liquor 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 Jiugui Liquor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jiugui Liquor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jiugui Liquor appears to be risky and price may revert if volatility continues | |
| About 32.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jiugui Liquor Co., Ltd.s On An Uptrend But Financial Prospects Look Pretty Weak Is The Stock Overpriced - Simply Wall St |
Jiugui Liquor 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 Jiugui Stock often depends not only on the future outlook of the current and potential Jiugui Liquor'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. Jiugui Liquor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 324.9 M |
Jiugui Liquor Technical Analysis
Jiugui Liquor's future price can be derived by breaking down and analyzing its technical indicators over time. Jiugui Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jiugui Liquor Co. In general, you should focus on analyzing Jiugui Stock price patterns and their correlations with different microeconomic environments and drivers.
Jiugui Liquor Predictive Forecast Models
Jiugui Liquor's time-series forecasting models is one of many Jiugui Liquor'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 Jiugui Liquor'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 Jiugui Liquor
Checking the ongoing alerts about Jiugui Liquor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jiugui Liquor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jiugui Liquor appears to be risky and price may revert if volatility continues | |
| About 32.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jiugui Liquor Co., Ltd.s On An Uptrend But Financial Prospects Look Pretty Weak Is The Stock Overpriced - Simply Wall St |
Other Information on Investing in Jiugui Stock
Jiugui Liquor financial ratios help investors to determine whether Jiugui 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 Jiugui with respect to the benefits of owning Jiugui Liquor security.