Datang HuaYin (China) Probability of Future Stock Price Finishing Under 3.55
| 600744 Stock | 3.34 0.11 3.41% |
Datang |
Datang HuaYin Target Price Odds to finish below 3.55
The tendency of Datang 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 stay under 3.55 after 90 days |
| 3.34 | 90 days | 3.55 | about 82.76 |
Based on a normal probability distribution, the odds of Datang HuaYin to stay under 3.55 after 90 days from now is about 82.76 (This Datang HuaYin Electric probability density function shows the probability of Datang Stock to fall within a particular range of prices over 90 days) . Probability of Datang HuaYin Electric price to stay between its current price of 3.34 and 3.55 at the end of the 90-day period is about 36.87 .
Assuming the 90 days trading horizon Datang HuaYin Electric has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Datang HuaYin are expected to decrease at a much lower rate. During a bear market, however, Datang HuaYin Electric is likely to outperform the market. Additionally Datang HuaYin Electric has an alpha of 0.2896, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Datang HuaYin Price Density |
| Price |
Predictive Modules for Datang HuaYin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Datang HuaYin Electric. 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.Datang HuaYin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Datang HuaYin is not an exception. The market had few large corrections towards the Datang HuaYin'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 Datang HuaYin Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Datang HuaYin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | 0.09 |
Datang HuaYin 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 Datang HuaYin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Datang HuaYin Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Datang HuaYin has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.94 B. Net Loss for the year was (187.16 M) with loss before overhead, payroll, taxes, and interest of (1.18 B). | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: The five-year returns have been decent for DaTang HuaYin Electric PowerLTD shareholders despite underlying losses increasing - Simply Wall St |
Datang HuaYin 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 Datang Stock often depends not only on the future outlook of the current and potential Datang HuaYin'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. Datang HuaYin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B |
Datang HuaYin Technical Analysis
Datang HuaYin's future price can be derived by breaking down and analyzing its technical indicators over time. Datang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Datang HuaYin Electric. In general, you should focus on analyzing Datang Stock price patterns and their correlations with different microeconomic environments and drivers.
Datang HuaYin Predictive Forecast Models
Datang HuaYin's time-series forecasting models is one of many Datang HuaYin'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 Datang HuaYin'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 Datang HuaYin Electric
Checking the ongoing alerts about Datang HuaYin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Datang HuaYin Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Datang HuaYin has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 9.94 B. Net Loss for the year was (187.16 M) with loss before overhead, payroll, taxes, and interest of (1.18 B). | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: The five-year returns have been decent for DaTang HuaYin Electric PowerLTD shareholders despite underlying losses increasing - Simply Wall St |
Other Information on Investing in Datang Stock
Datang HuaYin financial ratios help investors to determine whether Datang 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 Datang with respect to the benefits of owning Datang HuaYin security.