GKHT Medical (China) Probability of Future Stock Price Finishing Under 12.03
| 301370 Stock | 11.99 0.11 0.93% |
GKHT |
GKHT Medical Target Price Odds to finish below 12.03
The tendency of GKHT 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 12.03 after 90 days |
| 11.99 | 90 days | 12.03 | about 76.41 |
Based on a normal probability distribution, the odds of GKHT Medical to stay under 12.03 after 90 days from now is about 76.41 (This GKHT Medical Technology probability density function shows the probability of GKHT Stock to fall within a particular range of prices over 90 days) . Probability of GKHT Medical Technology price to stay between its current price of 11.99 and 12.03 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon GKHT Medical Technology has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding GKHT Medical are expected to decrease at a much lower rate. During a bear market, however, GKHT Medical Technology is likely to outperform the market. Additionally GKHT Medical Technology has an alpha of 0.5535, implying that it can generate a 0.55 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GKHT Medical Price Density |
| Price |
Predictive Modules for GKHT Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GKHT Medical Technology. 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.GKHT Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GKHT Medical is not an exception. The market had few large corrections towards the GKHT Medical'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 GKHT Medical Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GKHT Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.55 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | 0.11 |
GKHT Medical 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 GKHT Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GKHT Medical Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GKHT Medical had very high historical volatility over the last 90 days | |
| About 60.0% of the company shares are owned by insiders or employees |
GKHT Medical 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 GKHT Stock often depends not only on the future outlook of the current and potential GKHT Medical'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. GKHT Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0098 | |
| Shares Float | 231.9 M |
GKHT Medical Technical Analysis
GKHT Medical's future price can be derived by breaking down and analyzing its technical indicators over time. GKHT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GKHT Medical Technology. In general, you should focus on analyzing GKHT Stock price patterns and their correlations with different microeconomic environments and drivers.
GKHT Medical Predictive Forecast Models
GKHT Medical's time-series forecasting models is one of many GKHT Medical'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 GKHT Medical'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 GKHT Medical Technology
Checking the ongoing alerts about GKHT Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GKHT Medical Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GKHT Medical had very high historical volatility over the last 90 days | |
| About 60.0% of the company shares are owned by insiders or employees |
Other Information on Investing in GKHT Stock
GKHT Medical financial ratios help investors to determine whether GKHT 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 GKHT with respect to the benefits of owning GKHT Medical security.