Tongding Interconnection (China) Probability of Future Stock Price Finishing Under 4.88

002491 Stock   5.12  0.24  4.92%   
Tongding Interconnection's future price is the expected price of Tongding Interconnection instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Tongding Interconnection Information performance during a given time horizon utilizing its historical volatility. Check out Tongding Interconnection Backtesting, Tongding Interconnection Valuation, Tongding Interconnection Correlation, Tongding Interconnection Hype Analysis, Tongding Interconnection Volatility, Tongding Interconnection History as well as Tongding Interconnection Performance.
  
Please specify Tongding Interconnection's target price for which you would like Tongding Interconnection odds to be computed.

Tongding Interconnection Target Price Odds to finish below 4.88

The tendency of Tongding 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 PriceHorizonTarget PriceOdds to drop to  4.88  or more in 90 days
 5.12 90 days 4.88 
about 89.97
Based on a normal probability distribution, the odds of Tongding Interconnection to drop to  4.88  or more in 90 days from now is about 89.97 (This Tongding Interconnection Information probability density function shows the probability of Tongding Stock to fall within a particular range of prices over 90 days) . Probability of Tongding Interconnection price to stay between  4.88  and its current price of 5.12 at the end of the 90-day period is about 5.84 .
Assuming the 90 days trading horizon Tongding Interconnection has a beta of 0.16. This suggests as returns on the market go up, Tongding Interconnection average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tongding Interconnection Information will be expected to be much smaller as well. Additionally Tongding Interconnection Information has an alpha of 0.7474, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Tongding Interconnection Price Density   
       Price  

Predictive Modules for Tongding Interconnection

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tongding Interconnection. 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.
Hype
Prediction
LowEstimatedHigh
2.265.228.18
Details
Intrinsic
Valuation
LowRealHigh
1.744.707.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tongding Interconnection. Your research has to be compared to or analyzed against Tongding Interconnection's peers to derive any actionable benefits. When done correctly, Tongding Interconnection's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tongding Interconnection.

Tongding Interconnection Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Tongding Interconnection is not an exception. The market had few large corrections towards the Tongding Interconnection'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 Tongding Interconnection Information, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tongding Interconnection within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.75
β
Beta against Dow Jones0.16
σ
Overall volatility
0.53
Ir
Information ratio 0.25

Tongding Interconnection 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 Tongding Interconnection for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tongding Interconnection 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 46.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Is Now An Opportune Moment To Examine Xinfengming Group Co., Ltd. - Simply Wall St

Tongding Interconnection 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 Tongding Stock often depends not only on the future outlook of the current and potential Tongding Interconnection'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. Tongding Interconnection's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.2 B

Tongding Interconnection Technical Analysis

Tongding Interconnection's future price can be derived by breaking down and analyzing its technical indicators over time. Tongding Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tongding Interconnection Information. In general, you should focus on analyzing Tongding Stock price patterns and their correlations with different microeconomic environments and drivers.

Tongding Interconnection Predictive Forecast Models

Tongding Interconnection's time-series forecasting models is one of many Tongding Interconnection'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 Tongding Interconnection'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 Tongding Interconnection

Checking the ongoing alerts about Tongding Interconnection for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tongding Interconnection help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 46.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Is Now An Opportune Moment To Examine Xinfengming Group Co., Ltd. - Simply Wall St

Other Information on Investing in Tongding Stock

Tongding Interconnection financial ratios help investors to determine whether Tongding 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 Tongding with respect to the benefits of owning Tongding Interconnection security.