Tongyu Communication (China) Probability of Future Stock Price Finishing Under 4.24
| 002792 Stock | 15.65 0.25 1.62% |
Tongyu |
Tongyu Communication Target Price Odds to finish below 4.24
The tendency of Tongyu 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 4.24 or more in 90 days |
| 15.65 | 90 days | 4.24 | near 1 |
Based on a normal probability distribution, the odds of Tongyu Communication to drop to 4.24 or more in 90 days from now is near 1 (This Tongyu Communication probability density function shows the probability of Tongyu Stock to fall within a particular range of prices over 90 days) . Probability of Tongyu Communication price to stay between 4.24 and its current price of 15.65 at the end of the 90-day period is about 74.73 .
Assuming the 90 days trading horizon Tongyu Communication has a beta of 0.14. This suggests as returns on the market go up, Tongyu Communication average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tongyu Communication will be expected to be much smaller as well. Additionally Tongyu Communication has an alpha of 0.6266, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tongyu Communication Price Density |
| Price |
Predictive Modules for Tongyu Communication
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tongyu Communication. 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.Tongyu Communication Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tongyu Communication is not an exception. The market had few large corrections towards the Tongyu Communication'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 Tongyu Communication, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tongyu Communication within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 2.19 | |
Ir | Information ratio | 0.15 |
Tongyu Communication 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 Tongyu Communication for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tongyu Communication can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tongyu Communication appears to be risky and price may revert if volatility continues | |
| Tongyu Communication generates negative cash flow from operations | |
| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Exploring High Growth Tech Stocks This December 2024 - Simply Wall St |
Tongyu Communication 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 Tongyu Stock often depends not only on the future outlook of the current and potential Tongyu Communication'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. Tongyu Communication's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 522.7 M | |
| Dividends Paid | 40.7 M | |
| Forward Annual Dividend Rate | 0.2 | |
| Shares Float | 314.4 M |
Tongyu Communication Technical Analysis
Tongyu Communication's future price can be derived by breaking down and analyzing its technical indicators over time. Tongyu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tongyu Communication. In general, you should focus on analyzing Tongyu Stock price patterns and their correlations with different microeconomic environments and drivers.
Tongyu Communication Predictive Forecast Models
Tongyu Communication's time-series forecasting models is one of many Tongyu Communication'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 Tongyu Communication'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 Tongyu Communication
Checking the ongoing alerts about Tongyu Communication for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tongyu Communication help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tongyu Communication appears to be risky and price may revert if volatility continues | |
| Tongyu Communication generates negative cash flow from operations | |
| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Exploring High Growth Tech Stocks This December 2024 - Simply Wall St |
Other Information on Investing in Tongyu Stock
Tongyu Communication financial ratios help investors to determine whether Tongyu 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 Tongyu with respect to the benefits of owning Tongyu Communication security.