Zoje Resources (China) Probability of Future Stock Price Finishing Under 0.02
| 002021 Stock | 3.25 0.11 3.50% |
Zoje |
Zoje Resources Target Price Odds to finish below 0.02
The tendency of Zoje 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 0.02 or more in 90 days |
| 3.25 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Zoje Resources to drop to 0.02 or more in 90 days from now is near 1 (This Zoje Resources Investment probability density function shows the probability of Zoje Stock to fall within a particular range of prices over 90 days) . Probability of Zoje Resources Investment price to stay between 0.02 and its current price of 3.25 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon Zoje Resources Investment has a beta of -0.55. This suggests as returns on the benchmark increase, returns on holding Zoje Resources are expected to decrease at a much lower rate. During a bear market, however, Zoje Resources Investment is likely to outperform the market. Moreover Zoje Resources Investment has an alpha of 1.2114, implying that it can generate a 1.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zoje Resources Price Density |
| Price |
Predictive Modules for Zoje Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zoje Resources Investment. 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.Zoje Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zoje Resources is not an exception. The market had few large corrections towards the Zoje Resources' 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 Zoje Resources Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zoje Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.21 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | 0.24 |
Zoje Resources 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 Zoje Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zoje Resources Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zoje Resources appears to be risky and price may revert if volatility continues | |
| About 26.0% of the company shares are owned by insiders or employees |
Zoje Resources 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 Zoje Stock often depends not only on the future outlook of the current and potential Zoje Resources' 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. Zoje Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Zoje Resources Technical Analysis
Zoje Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Zoje Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zoje Resources Investment. In general, you should focus on analyzing Zoje Stock price patterns and their correlations with different microeconomic environments and drivers.
Zoje Resources Predictive Forecast Models
Zoje Resources' time-series forecasting models is one of many Zoje Resources' 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 Zoje Resources' 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 Zoje Resources Investment
Checking the ongoing alerts about Zoje Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zoje Resources Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zoje Resources appears to be risky and price may revert if volatility continues | |
| About 26.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Zoje Stock
Zoje Resources financial ratios help investors to determine whether Zoje 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 Zoje with respect to the benefits of owning Zoje Resources security.