Beijing Compass (China) Probability of Future Stock Price Finishing Under 44.91
| 300803 Stock | 93.35 3.12 3.23% |
Beijing |
Beijing Compass Target Price Odds to finish below 44.91
The tendency of Beijing 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 44.91 or more in 90 days |
| 93.35 | 90 days | 44.91 | under 4 |
Based on a normal probability distribution, the odds of Beijing Compass to drop to 44.91 or more in 90 days from now is under 4 (This Beijing Compass Technology probability density function shows the probability of Beijing Stock to fall within a particular range of prices over 90 days) . Probability of Beijing Compass Tech price to stay between 44.91 and its current price of 93.35 at the end of the 90-day period is about 56.94 .
Assuming the 90 days trading horizon Beijing Compass Technology has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Beijing Compass are expected to decrease at a much lower rate. During a bear market, however, Beijing Compass Technology is likely to outperform the market. Moreover Beijing Compass Technology has an alpha of 1.7987, implying that it can generate a 1.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Beijing Compass Price Density |
| Price |
Predictive Modules for Beijing Compass
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beijing Compass Tech. 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.Beijing Compass Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Beijing Compass is not an exception. The market had few large corrections towards the Beijing Compass' 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 Beijing Compass Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Beijing Compass within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.80 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 22.93 | |
Ir | Information ratio | 0.24 |
Beijing Compass 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 Beijing Compass for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Beijing Compass Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Beijing Compass Tech is way too risky over 90 days horizon | |
| Beijing Compass Tech appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Nvidia stock tumbles on news of China investigation Is the AI chip giant in trouble - Fast Company |
Beijing Compass 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 Beijing Stock often depends not only on the future outlook of the current and potential Beijing Compass' 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. Beijing Compass' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 408.9 M | |
| Cash And Short Term Investments | 3 B |
Beijing Compass Technical Analysis
Beijing Compass' future price can be derived by breaking down and analyzing its technical indicators over time. Beijing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Beijing Compass Technology. In general, you should focus on analyzing Beijing Stock price patterns and their correlations with different microeconomic environments and drivers.
Beijing Compass Predictive Forecast Models
Beijing Compass' time-series forecasting models is one of many Beijing Compass' 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 Beijing Compass' 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 Beijing Compass Tech
Checking the ongoing alerts about Beijing Compass for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Beijing Compass Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Beijing Compass Tech is way too risky over 90 days horizon | |
| Beijing Compass Tech appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Nvidia stock tumbles on news of China investigation Is the AI chip giant in trouble - Fast Company |
Other Information on Investing in Beijing Stock
Beijing Compass financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Compass security.