Hengerda New (China) Probability of Future Stock Price Finishing Under 29.93
| 300946 Stock | 29.75 1.20 4.20% |
Hengerda |
Hengerda New Target Price Odds to finish below 29.93
The tendency of Hengerda 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 29.93 after 90 days |
| 29.75 | 90 days | 29.93 | about 83.44 |
Based on a normal probability distribution, the odds of Hengerda New to stay under 29.93 after 90 days from now is about 83.44 (This Hengerda New Materials probability density function shows the probability of Hengerda Stock to fall within a particular range of prices over 90 days) . Probability of Hengerda New Materials price to stay between its current price of 29.75 and 29.93 at the end of the 90-day period is about 1.85 .
Assuming the 90 days trading horizon Hengerda New has a beta of 0.0267. This suggests as returns on the market go up, Hengerda New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hengerda New Materials will be expected to be much smaller as well. Additionally Hengerda New Materials has an alpha of 0.477, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hengerda New Price Density |
| Price |
Predictive Modules for Hengerda New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hengerda New Materials. 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.Hengerda New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hengerda New is not an exception. The market had few large corrections towards the Hengerda New'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 Hengerda New Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hengerda New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 2.49 | |
Ir | Information ratio | 0.12 |
Hengerda New 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 Hengerda New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hengerda New Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hengerda New appears to be risky and price may revert if volatility continues | |
| Hengerda New is unlikely to experience financial distress in the next 2 years | |
| About 76.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Hengerda New Materials Co., Ltd.s CEO Zhenghua Lin is the most upbeat insider, and their holdings increased by 11 percent last week - Simply Wall St |
Hengerda New 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 Hengerda Stock often depends not only on the future outlook of the current and potential Hengerda New'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. Hengerda New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 120 M | |
| Dividends Paid | 29.1 M | |
| Forward Annual Dividend Rate | 0.23 | |
| Shares Float | 31.4 M |
Hengerda New Technical Analysis
Hengerda New's future price can be derived by breaking down and analyzing its technical indicators over time. Hengerda Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hengerda New Materials. In general, you should focus on analyzing Hengerda Stock price patterns and their correlations with different microeconomic environments and drivers.
Hengerda New Predictive Forecast Models
Hengerda New's time-series forecasting models is one of many Hengerda New'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 Hengerda New'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 Hengerda New Materials
Checking the ongoing alerts about Hengerda New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hengerda New Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hengerda New appears to be risky and price may revert if volatility continues | |
| Hengerda New is unlikely to experience financial distress in the next 2 years | |
| About 76.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Hengerda New Materials Co., Ltd.s CEO Zhenghua Lin is the most upbeat insider, and their holdings increased by 11 percent last week - Simply Wall St |
Other Information on Investing in Hengerda Stock
Hengerda New financial ratios help investors to determine whether Hengerda 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 Hengerda with respect to the benefits of owning Hengerda New security.