Zhejiang Dahua (China) Probability of Future Stock Price Finishing Under 16.17
| 002236 Stock | 15.97 0.27 1.66% |
Zhejiang |
Zhejiang Dahua Target Price Odds to finish below 16.17
The tendency of Zhejiang 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 stay under 16.17 after 90 days |
| 15.97 | 90 days | 16.17 | about 65.76 |
Based on a normal probability distribution, the odds of Zhejiang Dahua to stay under 16.17 after 90 days from now is about 65.76 (This Zhejiang Dahua Technology probability density function shows the probability of Zhejiang Stock to fall within a particular range of prices over 90 days) . Probability of Zhejiang Dahua Technology price to stay between its current price of 15.97 and 16.17 at the end of the 90-day period is nearly 4.38 .
Assuming the 90 days trading horizon Zhejiang Dahua Technology has a beta of -0.14. This suggests as returns on the benchmark increase, returns on holding Zhejiang Dahua are expected to decrease at a much lower rate. During a bear market, however, Zhejiang Dahua Technology is likely to outperform the market. Additionally Zhejiang Dahua Technology has an alpha of 0.32, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhejiang Dahua Price Density |
| Price |
Predictive Modules for Zhejiang Dahua
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhejiang Dahua Technology. 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.Zhejiang Dahua Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhejiang Dahua is not an exception. The market had few large corrections towards the Zhejiang Dahua'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 Zhejiang Dahua Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhejiang Dahua within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | 0.07 |
Zhejiang Dahua 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 Zhejiang Dahua for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhejiang Dahua Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 50.0% of the company shares are owned by insiders or employees |
Zhejiang Dahua 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 Zhejiang Stock often depends not only on the future outlook of the current and potential Zhejiang Dahua'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. Zhejiang Dahua's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.3 B |
Zhejiang Dahua Technical Analysis
Zhejiang Dahua's future price can be derived by breaking down and analyzing its technical indicators over time. Zhejiang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhejiang Dahua Technology. In general, you should focus on analyzing Zhejiang Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhejiang Dahua Predictive Forecast Models
Zhejiang Dahua's time-series forecasting models is one of many Zhejiang Dahua'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 Zhejiang Dahua'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 Zhejiang Dahua Technology
Checking the ongoing alerts about Zhejiang Dahua for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhejiang Dahua Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 50.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Zhejiang Stock
Zhejiang Dahua financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Dahua security.