Nanxing Furniture (China) Probability of Future Stock Price Finishing Under 15.19
| 002757 Stock | 16.40 0.22 1.36% |
Nanxing |
Nanxing Furniture Target Price Odds to finish below 15.19
The tendency of Nanxing 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 15.19 or more in 90 days |
| 16.40 | 90 days | 15.19 | about 72.45 |
Based on a normal probability distribution, the odds of Nanxing Furniture to drop to 15.19 or more in 90 days from now is about 72.45 (This Nanxing Furniture Machinery probability density function shows the probability of Nanxing Stock to fall within a particular range of prices over 90 days) . Probability of Nanxing Furniture price to stay between 15.19 and its current price of 16.4 at the end of the 90-day period is about 15.08 .
Assuming the 90 days trading horizon Nanxing Furniture Machinery has a beta of -1.19. This suggests as returns on its benchmark rise, returns on holding Nanxing Furniture Machinery are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nanxing Furniture is expected to outperform its benchmark. Additionally Nanxing Furniture Machinery has an alpha of 0.7189, implying that it can generate a 0.72 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nanxing Furniture Price Density |
| Price |
Predictive Modules for Nanxing Furniture
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nanxing Furniture. 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.Nanxing Furniture Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nanxing Furniture is not an exception. The market had few large corrections towards the Nanxing Furniture'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 Nanxing Furniture Machinery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nanxing Furniture within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.72 | |
β | Beta against Dow Jones | -1.19 | |
σ | Overall volatility | 2.17 | |
Ir | Information ratio | 0.12 |
Nanxing Furniture 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 Nanxing Furniture for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nanxing Furniture can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nanxing Furniture appears to be risky and price may revert if volatility continues | |
| About 47.0% of the company shares are owned by insiders or employees |
Nanxing Furniture 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 Nanxing Stock often depends not only on the future outlook of the current and potential Nanxing Furniture'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. Nanxing Furniture's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 295.5 M | |
| Dividends Paid | 294.4 M | |
| Forward Annual Dividend Rate | 0.5 | |
| Shares Float | 163.4 M |
Nanxing Furniture Technical Analysis
Nanxing Furniture's future price can be derived by breaking down and analyzing its technical indicators over time. Nanxing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nanxing Furniture Machinery. In general, you should focus on analyzing Nanxing Stock price patterns and their correlations with different microeconomic environments and drivers.
Nanxing Furniture Predictive Forecast Models
Nanxing Furniture's time-series forecasting models is one of many Nanxing Furniture'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 Nanxing Furniture'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 Nanxing Furniture
Checking the ongoing alerts about Nanxing Furniture for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nanxing Furniture help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nanxing Furniture appears to be risky and price may revert if volatility continues | |
| About 47.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Nanxing Stock
Nanxing Furniture financial ratios help investors to determine whether Nanxing 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 Nanxing with respect to the benefits of owning Nanxing Furniture security.