Wanhua Chemical (China) Probability of Future Stock Price Finishing Over 89.65
| 600309 Stock | 74.89 0.76 1.03% |
Wanhua |
Wanhua Chemical Target Price Odds to finish over 89.65
The tendency of Wanhua 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 89.65 or more in 90 days |
| 74.89 | 90 days | 89.65 | near 1 |
Based on a normal probability distribution, the odds of Wanhua Chemical to move over 89.65 or more in 90 days from now is near 1 (This Wanhua Chemical Group probability density function shows the probability of Wanhua Stock to fall within a particular range of prices over 90 days) . Probability of Wanhua Chemical Group price to stay between its current price of 74.89 and 89.65 at the end of the 90-day period is about 72.31 .
Assuming the 90 days trading horizon Wanhua Chemical Group has a beta of -0.18. This suggests as returns on the benchmark increase, returns on holding Wanhua Chemical are expected to decrease at a much lower rate. During a bear market, however, Wanhua Chemical Group is likely to outperform the market. Additionally Wanhua Chemical Group has an alpha of 0.1097, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wanhua Chemical Price Density |
| Price |
Predictive Modules for Wanhua Chemical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wanhua Chemical Group. 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.Wanhua Chemical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wanhua Chemical is not an exception. The market had few large corrections towards the Wanhua Chemical'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 Wanhua Chemical Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wanhua Chemical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 4.14 | |
Ir | Information ratio | 0.03 |
Wanhua Chemical 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 Wanhua Chemical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wanhua Chemical Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wanhua Chemical generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Investing in Wanhua Chemical Group five years ago would have delivered you a 60 percent gain - Simply Wall St |
Wanhua Chemical 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 Wanhua Stock often depends not only on the future outlook of the current and potential Wanhua Chemical'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. Wanhua Chemical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 B |
Wanhua Chemical Technical Analysis
Wanhua Chemical's future price can be derived by breaking down and analyzing its technical indicators over time. Wanhua Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wanhua Chemical Group. In general, you should focus on analyzing Wanhua Stock price patterns and their correlations with different microeconomic environments and drivers.
Wanhua Chemical Predictive Forecast Models
Wanhua Chemical's time-series forecasting models is one of many Wanhua Chemical'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 Wanhua Chemical'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 Wanhua Chemical Group
Checking the ongoing alerts about Wanhua Chemical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wanhua Chemical Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wanhua Chemical generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Investing in Wanhua Chemical Group five years ago would have delivered you a 60 percent gain - Simply Wall St |
Other Information on Investing in Wanhua Stock
Wanhua Chemical financial ratios help investors to determine whether Wanhua 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 Wanhua with respect to the benefits of owning Wanhua Chemical security.