Xinke Material (China) Probability of Future Stock Price Finishing Over 17.60
| 600255 Stock | 4.15 0.13 3.04% |
Xinke |
Xinke Material Target Price Odds to finish over 17.60
The tendency of Xinke 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 17.60 or more in 90 days |
| 4.15 | 90 days | 17.60 | close to zero percent |
Based on a normal probability distribution, the odds of Xinke Material to move over 17.60 or more in 90 days from now is close to zero percent (This Xinke Material probability density function shows the probability of Xinke Stock to fall within a particular range of prices over 90 days) . Probability of Xinke Material price to stay between its current price of 4.15 and 17.60 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Xinke Material has a beta of -0.82. This suggests as returns on the benchmark increase, returns on holding Xinke Material are expected to decrease at a much lower rate. During a bear market, however, Xinke Material is likely to outperform the market. Moreover Xinke Material has an alpha of 1.4466, implying that it can generate a 1.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xinke Material Price Density |
| Price |
Predictive Modules for Xinke Material
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xinke Material. 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.Xinke Material Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xinke Material is not an exception. The market had few large corrections towards the Xinke Material'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 Xinke Material, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xinke Material within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.45 | |
β | Beta against Dow Jones | -0.82 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0.32 |
Xinke Material 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 Xinke Material for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xinke Material can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xinke Material appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 3.2 B. Net Loss for the year was (61.26 M) with profit before overhead, payroll, taxes, and interest of 330.68 M. | |
| About 17.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Gelonghui Announcement Selection-Shentong Express plans to spend 140 million yuan to 250 million yuan to repurchase shares - Yicai Global |
Xinke Material 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 Xinke Stock often depends not only on the future outlook of the current and potential Xinke Material'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. Xinke Material's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B |
Xinke Material Technical Analysis
Xinke Material's future price can be derived by breaking down and analyzing its technical indicators over time. Xinke Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xinke Material. In general, you should focus on analyzing Xinke Stock price patterns and their correlations with different microeconomic environments and drivers.
Xinke Material Predictive Forecast Models
Xinke Material's time-series forecasting models is one of many Xinke Material'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 Xinke Material'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 Xinke Material
Checking the ongoing alerts about Xinke Material for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xinke Material help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xinke Material appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 3.2 B. Net Loss for the year was (61.26 M) with profit before overhead, payroll, taxes, and interest of 330.68 M. | |
| About 17.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Gelonghui Announcement Selection-Shentong Express plans to spend 140 million yuan to 250 million yuan to repurchase shares - Yicai Global |
Other Information on Investing in Xinke Stock
Xinke Material financial ratios help investors to determine whether Xinke 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 Xinke with respect to the benefits of owning Xinke Material security.