Jiamei Food (China) Probability of Future Stock Price Finishing Over 4.04
| 002969 Stock | 3.23 0.06 1.89% |
Jiamei |
Jiamei Food Target Price Odds to finish over 4.04
The tendency of Jiamei 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 4.04 or more in 90 days |
| 3.23 | 90 days | 4.04 | near 1 |
Based on a normal probability distribution, the odds of Jiamei Food to move over 4.04 or more in 90 days from now is near 1 (This Jiamei Food Packaging probability density function shows the probability of Jiamei Stock to fall within a particular range of prices over 90 days) . Probability of Jiamei Food Packaging price to stay between its current price of 3.23 and 4.04 at the end of the 90-day period is about 49.99 .
Assuming the 90 days trading horizon Jiamei Food has a beta of 0.16. This suggests as returns on the market go up, Jiamei Food average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jiamei Food Packaging will be expected to be much smaller as well. Additionally Jiamei Food Packaging has an alpha of 0.3091, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jiamei Food Price Density |
| Price |
Predictive Modules for Jiamei Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jiamei Food Packaging. 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.Jiamei Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jiamei Food is not an exception. The market had few large corrections towards the Jiamei Food'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 Jiamei Food Packaging, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jiamei Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.11 |
Jiamei Food 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 Jiamei Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jiamei Food Packaging 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 64.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Discovering 3 Undiscovered Gems In The None Exchange - Simply Wall St |
Jiamei Food 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 Jiamei Stock often depends not only on the future outlook of the current and potential Jiamei Food'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. Jiamei Food's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 959.1 M |
Jiamei Food Technical Analysis
Jiamei Food's future price can be derived by breaking down and analyzing its technical indicators over time. Jiamei Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jiamei Food Packaging. In general, you should focus on analyzing Jiamei Stock price patterns and their correlations with different microeconomic environments and drivers.
Jiamei Food Predictive Forecast Models
Jiamei Food's time-series forecasting models is one of many Jiamei Food'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 Jiamei Food'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 Jiamei Food Packaging
Checking the ongoing alerts about Jiamei Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jiamei Food Packaging help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 64.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Discovering 3 Undiscovered Gems In The None Exchange - Simply Wall St |
Other Information on Investing in Jiamei Stock
Jiamei Food financial ratios help investors to determine whether Jiamei 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 Jiamei with respect to the benefits of owning Jiamei Food security.