NBTM New (China) Odds of Future Stock Price Finishing Under 14.29
| 600114 Stock | 16.49 0.46 2.87% |
NBTM |
NBTM New Target Price Odds to finish below 14.29
The tendency of NBTM 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 14.29 or more in 90 days |
| 16.49 | 90 days | 14.29 | under 4 |
Based on a normal probability distribution, the odds of NBTM New to drop to 14.29 or more in 90 days from now is under 4 (This NBTM New Materials probability density function shows the probability of NBTM Stock to fall within a particular range of prices over 90 days) . Probability of NBTM New Materials price to stay between 14.29 and its current price of 16.49 at the end of the 90-day period is about 36.77 .
Assuming the 90 days trading horizon NBTM New has a beta of 0.15. This suggests as returns on the market go up, NBTM New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NBTM New Materials will be expected to be much smaller as well. Additionally NBTM New Materials has an alpha of 0.2664, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NBTM New Price Density |
| Price |
Predictive Modules for NBTM New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NBTM New Materials. 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.NBTM New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NBTM New is not an exception. The market had few large corrections towards the NBTM New'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 NBTM New Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NBTM New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | 0.07 |
NBTM New 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 NBTM New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NBTM New Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NBTM New Materials had very high historical volatility over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Some Confidence Is Lacking In Guangzhou Guanggang Gases Energy Co.,Ltd.s PE - Simply Wall St |
NBTM New 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 NBTM Stock often depends not only on the future outlook of the current and potential NBTM New'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. NBTM New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 616.4 M |
NBTM New Technical Analysis
NBTM New's future price can be derived by breaking down and analyzing its technical indicators over time. NBTM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NBTM New Materials. In general, you should focus on analyzing NBTM Stock price patterns and their correlations with different microeconomic environments and drivers.
NBTM New Predictive Forecast Models
NBTM New's time-series forecasting models is one of many NBTM New'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 NBTM New'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 NBTM New Materials
Checking the ongoing alerts about NBTM New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NBTM New Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NBTM New Materials had very high historical volatility over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Some Confidence Is Lacking In Guangzhou Guanggang Gases Energy Co.,Ltd.s PE - Simply Wall St |
Other Information on Investing in NBTM Stock
NBTM New financial ratios help investors to determine whether NBTM 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 NBTM with respect to the benefits of owning NBTM New security.