Dongnan Electronics (China) Probability of Future Stock Price Finishing Under 21.28
| 301359 Stock | 25.99 0.93 3.71% |
Dongnan |
Dongnan Electronics Target Price Odds to finish below 21.28
The tendency of Dongnan 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 21.28 or more in 90 days |
| 25.99 | 90 days | 21.28 | about 40.6 |
Based on a normal probability distribution, the odds of Dongnan Electronics to drop to 21.28 or more in 90 days from now is about 40.6 (This Dongnan Electronics Co probability density function shows the probability of Dongnan Stock to fall within a particular range of prices over 90 days) . Probability of Dongnan Electronics price to stay between 21.28 and its current price of 25.99 at the end of the 90-day period is about 52.14 .
Assuming the 90 days trading horizon Dongnan Electronics has a beta of 0.0553. This suggests as returns on the market go up, Dongnan Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dongnan Electronics Co will be expected to be much smaller as well. Additionally Dongnan Electronics Co has an alpha of 0.6036, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dongnan Electronics Price Density |
| Price |
Predictive Modules for Dongnan Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dongnan Electronics. 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.Dongnan Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dongnan Electronics is not an exception. The market had few large corrections towards the Dongnan Electronics' 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 Dongnan Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dongnan Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 2.77 | |
Ir | Information ratio | 0.11 |
Dongnan Electronics 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 Dongnan Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dongnan Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dongnan Electronics appears to be risky and price may revert if volatility continues | |
| About 74.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Undiscovered Gems to Watch This November 2024 - Simply Wall St |
Dongnan Electronics Technical Analysis
Dongnan Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Dongnan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dongnan Electronics Co. In general, you should focus on analyzing Dongnan Stock price patterns and their correlations with different microeconomic environments and drivers.
Dongnan Electronics Predictive Forecast Models
Dongnan Electronics' time-series forecasting models is one of many Dongnan Electronics' 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 Dongnan Electronics' 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 Dongnan Electronics
Checking the ongoing alerts about Dongnan Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dongnan Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dongnan Electronics appears to be risky and price may revert if volatility continues | |
| About 74.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Undiscovered Gems to Watch This November 2024 - Simply Wall St |
Other Information on Investing in Dongnan Stock
Dongnan Electronics financial ratios help investors to determine whether Dongnan 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 Dongnan with respect to the benefits of owning Dongnan Electronics security.