CITIC Securities (China) Probability of Future Stock Price Finishing Over 42.28
| 600030 Stock | 30.03 0.39 1.28% |
CITIC |
CITIC Securities Target Price Odds to finish over 42.28
The tendency of CITIC 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 move over 42.28 or more in 90 days |
| 30.03 | 90 days | 42.28 | near 1 |
Based on a normal probability distribution, the odds of CITIC Securities to move over 42.28 or more in 90 days from now is near 1 (This CITIC Securities Co probability density function shows the probability of CITIC Stock to fall within a particular range of prices over 90 days) . Probability of CITIC Securities price to stay between its current price of 30.03 and 42.28 at the end of the 90-day period is about 30.68 .
Assuming the 90 days trading horizon CITIC Securities has a beta of 0.41. This suggests as returns on the market go up, CITIC Securities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CITIC Securities Co will be expected to be much smaller as well. Additionally CITIC Securities Co has an alpha of 0.7042, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CITIC Securities Price Density |
| Price |
Predictive Modules for CITIC Securities
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CITIC Securities. 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.CITIC Securities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CITIC Securities is not an exception. The market had few large corrections towards the CITIC Securities' 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 CITIC Securities Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CITIC Securities within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 4.72 | |
Ir | Information ratio | 0.19 |
CITIC Securities 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 CITIC Securities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CITIC Securities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CITIC Securities appears to be risky and price may revert if volatility continues | |
| CITIC Securities generates negative cash flow from operations | |
| About 28.0% of the company shares are owned by insiders or employees |
CITIC Securities 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 CITIC Stock often depends not only on the future outlook of the current and potential CITIC Securities' 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. CITIC Securities' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.8 B |
CITIC Securities Technical Analysis
CITIC Securities' future price can be derived by breaking down and analyzing its technical indicators over time. CITIC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CITIC Securities Co. In general, you should focus on analyzing CITIC Stock price patterns and their correlations with different microeconomic environments and drivers.
CITIC Securities Predictive Forecast Models
CITIC Securities' time-series forecasting models is one of many CITIC Securities' 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 CITIC Securities' 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 CITIC Securities
Checking the ongoing alerts about CITIC Securities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CITIC Securities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CITIC Securities appears to be risky and price may revert if volatility continues | |
| CITIC Securities generates negative cash flow from operations | |
| About 28.0% of the company shares are owned by insiders or employees |
Other Information on Investing in CITIC Stock
CITIC Securities financial ratios help investors to determine whether CITIC 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 CITIC with respect to the benefits of owning CITIC Securities security.