Harvest Fund (China) Probability of Future Stock Price Finishing Under 2.62
| 508098 Stock | 2.61 0.01 0.38% |
Harvest |
Harvest Fund Target Price Odds to finish below 2.62
The tendency of Harvest 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 2.62 after 90 days |
| 2.61 | 90 days | 2.62 | about 87.87 |
Based on a normal probability distribution, the odds of Harvest Fund to stay under 2.62 after 90 days from now is about 87.87 (This Harvest Fund Management probability density function shows the probability of Harvest Stock to fall within a particular range of prices over 90 days) . Probability of Harvest Fund Management price to stay between its current price of 2.61 and 2.62 at the end of the 90-day period is about 9.68 .
Assuming the 90 days trading horizon Harvest Fund Management has a beta of -0.014. This suggests as returns on the benchmark increase, returns on holding Harvest Fund are expected to decrease at a much lower rate. During a bear market, however, Harvest Fund Management is likely to outperform the market. Additionally Harvest Fund Management has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Harvest Fund Price Density |
| Price |
Predictive Modules for Harvest Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harvest Fund Management. 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.Harvest Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Harvest Fund is not an exception. The market had few large corrections towards the Harvest Fund'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 Harvest Fund Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Harvest Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.24 |
Harvest Fund 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 Harvest Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Harvest Fund Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Harvest Fund Management Co. Ltd Has 80,000 Stock Position in Novo Nordisk AS - MarketBeat |
Harvest Fund 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 Harvest Stock often depends not only on the future outlook of the current and potential Harvest Fund'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. Harvest Fund's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.068 |
Harvest Fund Technical Analysis
Harvest Fund's future price can be derived by breaking down and analyzing its technical indicators over time. Harvest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harvest Fund Management. In general, you should focus on analyzing Harvest Stock price patterns and their correlations with different microeconomic environments and drivers.
Harvest Fund Predictive Forecast Models
Harvest Fund's time-series forecasting models is one of many Harvest Fund'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 Harvest Fund'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 Harvest Fund Management
Checking the ongoing alerts about Harvest Fund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Harvest Fund Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Harvest Fund Management Co. Ltd Has 80,000 Stock Position in Novo Nordisk AS - MarketBeat |
Other Information on Investing in Harvest Stock
Harvest Fund financial ratios help investors to determine whether Harvest 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 Harvest with respect to the benefits of owning Harvest Fund security.