Henan Shenhuo (China) Probability of Future Stock Price Finishing Under 12.42
| 000933 Stock | 16.22 0.04 0.25% |
Henan |
Henan Shenhuo Target Price Odds to finish below 12.42
The tendency of Henan 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 12.42 or more in 90 days |
| 16.22 | 90 days | 12.42 | near 1 |
Based on a normal probability distribution, the odds of Henan Shenhuo to drop to 12.42 or more in 90 days from now is near 1 (This Henan Shenhuo Coal probability density function shows the probability of Henan Stock to fall within a particular range of prices over 90 days) . Probability of Henan Shenhuo Coal price to stay between 12.42 and its current price of 16.22 at the end of the 90-day period is about 23.02 .
Assuming the 90 days trading horizon Henan Shenhuo Coal has a beta of -0.4. This suggests as returns on the benchmark increase, returns on holding Henan Shenhuo are expected to decrease at a much lower rate. During a bear market, however, Henan Shenhuo Coal is likely to outperform the market. Additionally Henan Shenhuo Coal has an alpha of 0.3621, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Henan Shenhuo Price Density |
| Price |
Predictive Modules for Henan Shenhuo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Henan Shenhuo Coal. 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.Henan Shenhuo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Henan Shenhuo is not an exception. The market had few large corrections towards the Henan Shenhuo'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 Henan Shenhuo Coal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Henan Shenhuo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.1 |
Henan Shenhuo 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 Henan Shenhuo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Henan Shenhuo Coal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Henan Shenhuo Coal had very high historical volatility over the last 90 days | |
| Henan Shenhuo Coal has high likelihood to experience some financial distress in the next 2 years | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: 3 Dividend Stocks To Consider With Up To 4.9 percent Yield - Yahoo Finance |
Henan Shenhuo 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 Henan Stock often depends not only on the future outlook of the current and potential Henan Shenhuo'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. Henan Shenhuo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B | |
| Cash And Short Term Investments | 14 B |
Henan Shenhuo Technical Analysis
Henan Shenhuo's future price can be derived by breaking down and analyzing its technical indicators over time. Henan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Henan Shenhuo Coal. In general, you should focus on analyzing Henan Stock price patterns and their correlations with different microeconomic environments and drivers.
Henan Shenhuo Predictive Forecast Models
Henan Shenhuo's time-series forecasting models is one of many Henan Shenhuo'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 Henan Shenhuo'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 Henan Shenhuo Coal
Checking the ongoing alerts about Henan Shenhuo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Henan Shenhuo Coal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Henan Shenhuo Coal had very high historical volatility over the last 90 days | |
| Henan Shenhuo Coal has high likelihood to experience some financial distress in the next 2 years | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: 3 Dividend Stocks To Consider With Up To 4.9 percent Yield - Yahoo Finance |
Other Information on Investing in Henan Stock
Henan Shenhuo financial ratios help investors to determine whether Henan 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 Henan with respect to the benefits of owning Henan Shenhuo security.