China Construction (Taiwan) Probability of Future Stock Price Finishing Over 14.19
| 00939 Stock | 14.40 0.04 0.28% |
China |
China Construction Target Price Odds to finish over 14.19
The tendency of China 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 stay above 14.19 in 90 days |
| 14.40 | 90 days | 14.19 | about 63.79 |
Based on a normal probability distribution, the odds of China Construction to stay above 14.19 in 90 days from now is about 63.79 (This China Construction Bank probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Construction Bank price to stay between 14.19 and its current price of 14.4 at the end of the 90-day period is about 44.91 .
Assuming the 90 days trading horizon China Construction has a beta of 0.0406. This suggests as returns on the market go up, China Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding China Construction Bank will be expected to be much smaller as well. Additionally China Construction Bank has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. China Construction Price Density |
| Price |
Predictive Modules for China Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Construction Bank. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Construction. Your research has to be compared to or analyzed against China Construction's peers to derive any actionable benefits. When done correctly, China Construction's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in China Construction Bank.China Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Construction is not an exception. The market had few large corrections towards the China Construction'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 China Construction Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0037 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.14 |
China Construction 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 China Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Construction Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Construction generated a negative expected return over the last 90 days |
China Construction Technical Analysis
China Construction's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Construction Bank. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Construction Predictive Forecast Models
China Construction's time-series forecasting models is one of many China Construction'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 China Construction'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 China Construction Bank
Checking the ongoing alerts about China Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Construction Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Construction generated a negative expected return over the last 90 days |
Additional Tools for China Stock Analysis
When running China Construction's price analysis, check to measure China Construction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Construction is operating at the current time. Most of China Construction's value examination focuses on studying past and present price action to predict the probability of China Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Construction's price. Additionally, you may evaluate how the addition of China Construction to your portfolios can decrease your overall portfolio volatility.