Shandong Longda (China) Probability of Future Stock Price Finishing Over 7.92
| 002726 Stock | 7.92 0.11 1.41% |
Shandong |
Shandong Longda Target Price Odds to finish over 7.92
The tendency of Shandong 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 move above the current price in 90 days |
| 7.92 | 90 days | 7.92 | near 1 |
Based on a normal probability distribution, the odds of Shandong Longda to move above the current price in 90 days from now is near 1 (This Shandong Longda Meat probability density function shows the probability of Shandong Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shandong Longda has a beta of 0.3. This suggests as returns on the market go up, Shandong Longda average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shandong Longda Meat will be expected to be much smaller as well. Additionally Shandong Longda Meat has an alpha of 0.3607, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shandong Longda Price Density |
| Price |
Predictive Modules for Shandong Longda
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shandong Longda Meat. 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.Shandong Longda Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shandong Longda is not an exception. The market had few large corrections towards the Shandong Longda'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 Shandong Longda Meat, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shandong Longda within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | 0.15 |
Shandong Longda 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 Shandong Longda for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shandong Longda Meat can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 13.32 B. Net Loss for the year was (1.54 B) with profit before overhead, payroll, taxes, and interest of 690.59 M. | |
| Shandong Longda generates negative cash flow from operations | |
| About 62.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shandong Longda Meishi Is Carrying A Fair Bit Of Debt - Simply Wall St |
Shandong Longda 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 Shandong Stock often depends not only on the future outlook of the current and potential Shandong Longda'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. Shandong Longda's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Dividends Paid | 67.4 M | |
| Shares Float | 420.6 M |
Shandong Longda Technical Analysis
Shandong Longda's future price can be derived by breaking down and analyzing its technical indicators over time. Shandong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shandong Longda Meat. In general, you should focus on analyzing Shandong Stock price patterns and their correlations with different microeconomic environments and drivers.
Shandong Longda Predictive Forecast Models
Shandong Longda's time-series forecasting models is one of many Shandong Longda'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 Shandong Longda'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 Shandong Longda Meat
Checking the ongoing alerts about Shandong Longda for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shandong Longda Meat help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 13.32 B. Net Loss for the year was (1.54 B) with profit before overhead, payroll, taxes, and interest of 690.59 M. | |
| Shandong Longda generates negative cash flow from operations | |
| About 62.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shandong Longda Meishi Is Carrying A Fair Bit Of Debt - Simply Wall St |
Other Information on Investing in Shandong Stock
Shandong Longda financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Longda security.