Imeik Technology (China) Probability of Future Stock Price Finishing Under 216.98
| 300896 Stock | 201.70 1.60 0.79% |
Imeik |
Imeik Technology Target Price Odds to finish below 216.98
The tendency of Imeik 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 under 216.98 after 90 days |
| 201.70 | 90 days | 216.98 | about 61.2 |
Based on a normal probability distribution, the odds of Imeik Technology to stay under 216.98 after 90 days from now is about 61.2 (This Imeik Technology Development probability density function shows the probability of Imeik Stock to fall within a particular range of prices over 90 days) . Probability of Imeik Technology Dev price to stay between its current price of 201.70 and 216.98 at the end of the 90-day period is about 26.31 .
Assuming the 90 days trading horizon Imeik Technology has a beta of 0.29. This suggests as returns on the market go up, Imeik Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Imeik Technology Development will be expected to be much smaller as well. Additionally Imeik Technology Development has an alpha of 0.7147, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Imeik Technology Price Density |
| Price |
Predictive Modules for Imeik Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imeik Technology Dev. 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.Imeik Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Imeik Technology is not an exception. The market had few large corrections towards the Imeik Technology'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 Imeik Technology Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Imeik Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 22.71 | |
Ir | Information ratio | 0.12 |
Imeik Technology 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 Imeik Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Imeik Technology Dev can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Imeik Technology Dev generated a negative expected return over the last 90 days | |
| Imeik Technology Dev has high historical volatility and very poor performance | |
| Imeik Technology Dev is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Imeik Technology Development Co.,Ltd.s Stock Is Going Strong Is the Market Following Fundamentals - Simply Wall St |
Imeik Technology 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 Imeik Stock often depends not only on the future outlook of the current and potential Imeik Technology'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. Imeik Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 216.4 M | |
| Cash And Short Term Investments | 3.9 B |
Imeik Technology Technical Analysis
Imeik Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Imeik Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Imeik Technology Development. In general, you should focus on analyzing Imeik Stock price patterns and their correlations with different microeconomic environments and drivers.
Imeik Technology Predictive Forecast Models
Imeik Technology's time-series forecasting models is one of many Imeik Technology'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 Imeik Technology'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 Imeik Technology Dev
Checking the ongoing alerts about Imeik Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Imeik Technology Dev help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Imeik Technology Dev generated a negative expected return over the last 90 days | |
| Imeik Technology Dev has high historical volatility and very poor performance | |
| Imeik Technology Dev is unlikely to experience financial distress in the next 2 years | |
| About 63.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Imeik Technology Development Co.,Ltd.s Stock Is Going Strong Is the Market Following Fundamentals - Simply Wall St |
Other Information on Investing in Imeik Stock
Imeik Technology financial ratios help investors to determine whether Imeik 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 Imeik with respect to the benefits of owning Imeik Technology security.