GEM (China) Chance of Future Stock Price Finishing Over 5.88
| 002340 Stock | 6.66 0.03 0.45% |
GEM |
GEM Target Price Odds to finish over 5.88
The tendency of GEM 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 above 5.88 in 90 days |
| 6.66 | 90 days | 5.88 | close to 99 |
Based on a normal probability distribution, the odds of GEM to stay above 5.88 in 90 days from now is close to 99 (This GEM Co probability density function shows the probability of GEM Stock to fall within a particular range of prices over 90 days) . Probability of GEM Co price to stay between 5.88 and its current price of 6.66 at the end of the 90-day period is about 28.49 .
Assuming the 90 days trading horizon GEM Co has a beta of -0.0734. This suggests as returns on the benchmark increase, returns on holding GEM are expected to decrease at a much lower rate. During a bear market, however, GEM Co is likely to outperform the market. Additionally GEM Co has an alpha of 0.2786, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GEM Price Density |
| Price |
Predictive Modules for GEM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GEM Co. 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.GEM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GEM is not an exception. The market had few large corrections towards the GEM'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 GEM Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GEM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | 0.09 |
GEM 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 GEM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GEM Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GEM Co generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is soaring Rockhopper Exploration a hidden gem on the UK stock market - Motley Fool UK |
GEM 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 GEM Stock often depends not only on the future outlook of the current and potential GEM'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. GEM's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.1 B |
GEM Technical Analysis
GEM's future price can be derived by breaking down and analyzing its technical indicators over time. GEM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GEM Co. In general, you should focus on analyzing GEM Stock price patterns and their correlations with different microeconomic environments and drivers.
GEM Predictive Forecast Models
GEM's time-series forecasting models is one of many GEM'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 GEM'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 GEM Co
Checking the ongoing alerts about GEM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GEM Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GEM Co generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is soaring Rockhopper Exploration a hidden gem on the UK stock market - Motley Fool UK |
Other Information on Investing in GEM Stock
GEM financial ratios help investors to determine whether GEM 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 GEM with respect to the benefits of owning GEM security.