Fibocom Wireless (China) Probability of Future Stock Price Finishing Over 21.63
| 300638 Stock | 21.63 0.75 3.35% |
Fibocom |
Fibocom Wireless Target Price Odds to finish over 21.63
The tendency of Fibocom 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 |
| 21.63 | 90 days | 21.63 | under 4 |
Based on a normal probability distribution, the odds of Fibocom Wireless to move above the current price in 90 days from now is under 4 (This Fibocom Wireless probability density function shows the probability of Fibocom Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fibocom Wireless has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding Fibocom Wireless are expected to decrease at a much lower rate. During a bear market, however, Fibocom Wireless is likely to outperform the market. Moreover Fibocom Wireless has an alpha of 1.2329, implying that it can generate a 1.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fibocom Wireless Price Density |
| Price |
Predictive Modules for Fibocom Wireless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fibocom Wireless. 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.Fibocom Wireless Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fibocom Wireless is not an exception. The market had few large corrections towards the Fibocom Wireless' 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 Fibocom Wireless, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fibocom Wireless within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.23 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 2.67 | |
Ir | Information ratio | 0.23 |
Fibocom Wireless 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 Fibocom Wireless for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fibocom Wireless can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fibocom Wireless appears to be risky and price may revert if volatility continues | |
| Fibocom Wireless is unlikely to experience financial distress in the next 2 years | |
| About 43.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Fibocom Wireless Inc.s Stocks On An Uptrend Are Strong Financials Guiding The Market - Simply Wall St |
Fibocom Wireless 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 Fibocom Stock often depends not only on the future outlook of the current and potential Fibocom Wireless' 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. Fibocom Wireless' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 765.8 M |
Fibocom Wireless Technical Analysis
Fibocom Wireless' future price can be derived by breaking down and analyzing its technical indicators over time. Fibocom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fibocom Wireless. In general, you should focus on analyzing Fibocom Stock price patterns and their correlations with different microeconomic environments and drivers.
Fibocom Wireless Predictive Forecast Models
Fibocom Wireless' time-series forecasting models is one of many Fibocom Wireless' 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 Fibocom Wireless' 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 Fibocom Wireless
Checking the ongoing alerts about Fibocom Wireless for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fibocom Wireless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fibocom Wireless appears to be risky and price may revert if volatility continues | |
| Fibocom Wireless is unlikely to experience financial distress in the next 2 years | |
| About 43.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Fibocom Wireless Inc.s Stocks On An Uptrend Are Strong Financials Guiding The Market - Simply Wall St |
Other Information on Investing in Fibocom Stock
Fibocom Wireless financial ratios help investors to determine whether Fibocom 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 Fibocom with respect to the benefits of owning Fibocom Wireless security.