Zhonghong Pulin (China) Probability of Future Stock Price Finishing Under 10.12
| 300981 Stock | 13.42 0.20 1.51% |
Zhonghong |
Zhonghong Pulin Target Price Odds to finish below 10.12
The tendency of Zhonghong 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 10.12 or more in 90 days |
| 13.42 | 90 days | 10.12 | about 1.03 |
Based on a normal probability distribution, the odds of Zhonghong Pulin to drop to 10.12 or more in 90 days from now is about 1.03 (This Zhonghong Pulin Medical probability density function shows the probability of Zhonghong Stock to fall within a particular range of prices over 90 days) . Probability of Zhonghong Pulin Medical price to stay between 10.12 and its current price of 13.42 at the end of the 90-day period is about 48.12 .
Assuming the 90 days trading horizon Zhonghong Pulin Medical has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Zhonghong Pulin are expected to decrease at a much lower rate. During a bear market, however, Zhonghong Pulin Medical is likely to outperform the market. Additionally Zhonghong Pulin Medical has an alpha of 0.63, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhonghong Pulin Price Density |
| Price |
Predictive Modules for Zhonghong Pulin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhonghong Pulin Medical. 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.Zhonghong Pulin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhonghong Pulin is not an exception. The market had few large corrections towards the Zhonghong Pulin'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 Zhonghong Pulin Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhonghong Pulin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | 0.12 |
Zhonghong Pulin 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 Zhonghong Pulin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhonghong Pulin Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhonghong Pulin generated a negative expected return over the last 90 days | |
| Zhonghong Pulin has high historical volatility and very poor performance | |
| The company reported the revenue of 2.11 B. Net Loss for the year was (130.87 M) with profit before overhead, payroll, taxes, and interest of 152.48 M. | |
| About 73.0% of the company shares are owned by insiders or employees |
Zhonghong Pulin 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 Zhonghong Stock often depends not only on the future outlook of the current and potential Zhonghong Pulin'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. Zhonghong Pulin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 390 M |
Zhonghong Pulin Technical Analysis
Zhonghong Pulin's future price can be derived by breaking down and analyzing its technical indicators over time. Zhonghong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhonghong Pulin Medical. In general, you should focus on analyzing Zhonghong Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhonghong Pulin Predictive Forecast Models
Zhonghong Pulin's time-series forecasting models is one of many Zhonghong Pulin'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 Zhonghong Pulin'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 Zhonghong Pulin Medical
Checking the ongoing alerts about Zhonghong Pulin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhonghong Pulin Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhonghong Pulin generated a negative expected return over the last 90 days | |
| Zhonghong Pulin has high historical volatility and very poor performance | |
| The company reported the revenue of 2.11 B. Net Loss for the year was (130.87 M) with profit before overhead, payroll, taxes, and interest of 152.48 M. | |
| About 73.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Zhonghong Stock
Zhonghong Pulin financial ratios help investors to determine whether Zhonghong 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 Zhonghong with respect to the benefits of owning Zhonghong Pulin security.