Zhongsheng Group (Germany) Probability of Future Stock Price Finishing Under 0.73
| 5Z0 Stock | EUR 1.79 0.00 0.00% |
Zhongsheng |
Zhongsheng Group Target Price Odds to finish below 0.73
The tendency of Zhongsheng 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 € 0.73 or more in 90 days |
| 1.79 | 90 days | 0.73 | near 1 |
Based on a normal probability distribution, the odds of Zhongsheng Group to drop to € 0.73 or more in 90 days from now is near 1 (This Zhongsheng Group Holdings probability density function shows the probability of Zhongsheng Stock to fall within a particular range of prices over 90 days) . Probability of Zhongsheng Group Holdings price to stay between € 0.73 and its current price of €1.79 at the end of the 90-day period is about 61.32 .
Assuming the 90 days horizon Zhongsheng Group Holdings has a beta of -0.8. This suggests as returns on the benchmark increase, returns on holding Zhongsheng Group are expected to decrease at a much lower rate. During a bear market, however, Zhongsheng Group Holdings is likely to outperform the market. Moreover Zhongsheng Group Holdings has an alpha of 1.0384, implying that it can generate a 1.04 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhongsheng Group Price Density |
| Price |
Predictive Modules for Zhongsheng Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhongsheng Group Holdings. 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.Zhongsheng Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhongsheng Group is not an exception. The market had few large corrections towards the Zhongsheng Group'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 Zhongsheng Group Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhongsheng Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.04 | |
β | Beta against Dow Jones | -0.8 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | 0.15 |
Zhongsheng Group 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 Zhongsheng Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhongsheng Group Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhongsheng Group is way too risky over 90 days horizon | |
| Zhongsheng Group may become a speculative penny stock | |
| Zhongsheng Group appears to be risky and price may revert if volatility continues | |
| Zhongsheng Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are owned by insiders or employees |
Zhongsheng Group 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 Zhongsheng Stock often depends not only on the future outlook of the current and potential Zhongsheng Group'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. Zhongsheng Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 B |
Zhongsheng Group Technical Analysis
Zhongsheng Group's future price can be derived by breaking down and analyzing its technical indicators over time. Zhongsheng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhongsheng Group Holdings. In general, you should focus on analyzing Zhongsheng Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhongsheng Group Predictive Forecast Models
Zhongsheng Group's time-series forecasting models is one of many Zhongsheng Group'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 Zhongsheng Group'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 Zhongsheng Group Holdings
Checking the ongoing alerts about Zhongsheng Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhongsheng Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhongsheng Group is way too risky over 90 days horizon | |
| Zhongsheng Group may become a speculative penny stock | |
| Zhongsheng Group appears to be risky and price may revert if volatility continues | |
| Zhongsheng Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Zhongsheng Stock
Zhongsheng Group financial ratios help investors to determine whether Zhongsheng 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 Zhongsheng with respect to the benefits of owning Zhongsheng Group security.