Qingdao Gon (China) Probability of Future Stock Price Finishing Over 22.63
| 002768 Stock | 21.85 0.78 3.45% |
Qingdao |
Qingdao Gon Target Price Odds to finish over 22.63
The tendency of Qingdao 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 over 22.63 or more in 90 days |
| 21.85 | 90 days | 22.63 | about 42.98 |
Based on a normal probability distribution, the odds of Qingdao Gon to move over 22.63 or more in 90 days from now is about 42.98 (This Qingdao Gon Technology probability density function shows the probability of Qingdao Stock to fall within a particular range of prices over 90 days) . Probability of Qingdao Gon Technology price to stay between its current price of 21.85 and 22.63 at the end of the 90-day period is about 26.63 .
Assuming the 90 days trading horizon Qingdao Gon has a beta of 0.1. This suggests as returns on the market go up, Qingdao Gon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Qingdao Gon Technology will be expected to be much smaller as well. Additionally Qingdao Gon Technology has an alpha of 0.227, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Qingdao Gon Price Density |
| Price |
Predictive Modules for Qingdao Gon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qingdao Gon 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.Qingdao Gon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Qingdao Gon is not an exception. The market had few large corrections towards the Qingdao Gon'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 Qingdao Gon Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Qingdao Gon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | 0.08 |
Qingdao Gon 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 Qingdao Gon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Qingdao Gon 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.| Qingdao Gon generated a negative expected return over the last 90 days | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Undiscovered Gems with Potential To Explore This December 2024 - Simply Wall St |
Qingdao Gon 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 Qingdao Stock often depends not only on the future outlook of the current and potential Qingdao Gon'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. Qingdao Gon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 271.2 M | |
| Dividends Paid | 200.4 M | |
| Forward Annual Dividend Rate | 0.18 |
Qingdao Gon Technical Analysis
Qingdao Gon's future price can be derived by breaking down and analyzing its technical indicators over time. Qingdao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Qingdao Gon Technology. In general, you should focus on analyzing Qingdao Stock price patterns and their correlations with different microeconomic environments and drivers.
Qingdao Gon Predictive Forecast Models
Qingdao Gon's time-series forecasting models is one of many Qingdao Gon'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 Qingdao Gon'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 Qingdao Gon Technology
Checking the ongoing alerts about Qingdao Gon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qingdao Gon Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Qingdao Gon generated a negative expected return over the last 90 days | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Undiscovered Gems with Potential To Explore This December 2024 - Simply Wall St |
Other Information on Investing in Qingdao Stock
Qingdao Gon financial ratios help investors to determine whether Qingdao 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 Qingdao with respect to the benefits of owning Qingdao Gon security.