Yili Chuanning (China) Probability of Future Stock Price Finishing Under 13.31
| 301301 Stock | 13.36 0.10 0.74% |
Yili |
Yili Chuanning Target Price Odds to finish below 13.31
The tendency of Yili 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 13.31 or more in 90 days |
| 13.36 | 90 days | 13.31 | about 65.42 |
Based on a normal probability distribution, the odds of Yili Chuanning to drop to 13.31 or more in 90 days from now is about 65.42 (This Yili Chuanning Biotechnology probability density function shows the probability of Yili Stock to fall within a particular range of prices over 90 days) . Probability of Yili Chuanning Biote price to stay between 13.31 and its current price of 13.36 at the end of the 90-day period is about 1.18 .
Assuming the 90 days trading horizon Yili Chuanning Biotechnology has a beta of -0.28. This suggests as returns on the benchmark increase, returns on holding Yili Chuanning are expected to decrease at a much lower rate. During a bear market, however, Yili Chuanning Biotechnology is likely to outperform the market. Additionally Yili Chuanning Biotechnology has an alpha of 0.4188, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yili Chuanning Price Density |
| Price |
Predictive Modules for Yili Chuanning
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yili Chuanning Biote. 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.Yili Chuanning Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yili Chuanning is not an exception. The market had few large corrections towards the Yili Chuanning'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 Yili Chuanning Biotechnology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yili Chuanning within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.07 |
Yili Chuanning 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 Yili Chuanning for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yili Chuanning Biote can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yili Chuanning Biote had very high historical volatility over the last 90 days | |
| About 81.0% of the company shares are owned by insiders or employees |
Yili Chuanning Technical Analysis
Yili Chuanning's future price can be derived by breaking down and analyzing its technical indicators over time. Yili Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yili Chuanning Biotechnology. In general, you should focus on analyzing Yili Stock price patterns and their correlations with different microeconomic environments and drivers.
Yili Chuanning Predictive Forecast Models
Yili Chuanning's time-series forecasting models is one of many Yili Chuanning'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 Yili Chuanning'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 Yili Chuanning Biote
Checking the ongoing alerts about Yili Chuanning for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yili Chuanning Biote help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yili Chuanning Biote had very high historical volatility over the last 90 days | |
| About 81.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Yili Stock
Yili Chuanning financial ratios help investors to determine whether Yili 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 Yili with respect to the benefits of owning Yili Chuanning security.