Shandong Rike (China) Probability of Future Stock Price Finishing Over 5.70
| 300214 Stock | 5.70 0.23 3.88% |
Shandong |
Shandong Rike Target Price Odds to finish over 5.70
The tendency of Shandong 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 above the current price in 90 days |
| 5.70 | 90 days | 5.70 | about 65.13 |
Based on a normal probability distribution, the odds of Shandong Rike to move above the current price in 90 days from now is about 65.13 (This Shandong Rike Chemical probability density function shows the probability of Shandong Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shandong Rike Chemical has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding Shandong Rike are expected to decrease at a much lower rate. During a bear market, however, Shandong Rike Chemical is likely to outperform the market. Additionally Shandong Rike Chemical has an alpha of 0.3575, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shandong Rike Price Density |
| Price |
Predictive Modules for Shandong Rike
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shandong Rike Chemical. 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.Shandong Rike Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shandong Rike is not an exception. The market had few large corrections towards the Shandong Rike'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 Shandong Rike Chemical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shandong Rike within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | 0.09 |
Shandong Rike 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 Shandong Rike for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shandong Rike Chemical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shandong Rike had very high historical volatility over the last 90 days | |
| Shandong Rike generates negative cash flow from operations | |
| About 38.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shandong Private Joint Investment Holding Co., Ltd. completed the acquisition of 5.11 percent stake in Shandong Rike Chemical Co.,LTD. from Zhao Dongri, Bao Shilei and Zhang Mingbo. - Marketscreener.com |
Shandong Rike 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 Shandong Stock often depends not only on the future outlook of the current and potential Shandong Rike'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. Shandong Rike's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 466 M |
Shandong Rike Technical Analysis
Shandong Rike's future price can be derived by breaking down and analyzing its technical indicators over time. Shandong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shandong Rike Chemical. In general, you should focus on analyzing Shandong Stock price patterns and their correlations with different microeconomic environments and drivers.
Shandong Rike Predictive Forecast Models
Shandong Rike's time-series forecasting models is one of many Shandong Rike'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 Shandong Rike'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 Shandong Rike Chemical
Checking the ongoing alerts about Shandong Rike for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shandong Rike Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shandong Rike had very high historical volatility over the last 90 days | |
| Shandong Rike generates negative cash flow from operations | |
| About 38.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shandong Private Joint Investment Holding Co., Ltd. completed the acquisition of 5.11 percent stake in Shandong Rike Chemical Co.,LTD. from Zhao Dongri, Bao Shilei and Zhang Mingbo. - Marketscreener.com |
Other Information on Investing in Shandong Stock
Shandong Rike financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Rike security.