Cinda Securities (China) Probability of Future Stock Price Finishing Under 4.72
| 601059 Stock | 15.33 0.07 0.46% |
Cinda |
Cinda Securities Target Price Odds to finish below 4.72
The tendency of Cinda 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 4.72 or more in 90 days |
| 15.33 | 90 days | 4.72 | near 1 |
Based on a normal probability distribution, the odds of Cinda Securities to drop to 4.72 or more in 90 days from now is near 1 (This Cinda Securities Co probability density function shows the probability of Cinda Stock to fall within a particular range of prices over 90 days) . Probability of Cinda Securities price to stay between 4.72 and its current price of 15.33 at the end of the 90-day period is about 52.81 .
Assuming the 90 days trading horizon Cinda Securities Co has a beta of -0.0032. This suggests as returns on the benchmark increase, returns on holding Cinda Securities are expected to decrease at a much lower rate. During a bear market, however, Cinda Securities Co is likely to outperform the market. Additionally Cinda Securities Co has an alpha of 0.3686, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cinda Securities Price Density |
| Price |
Predictive Modules for Cinda 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 Cinda 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.Cinda Securities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cinda Securities is not an exception. The market had few large corrections towards the Cinda 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 Cinda Securities Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cinda Securities within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.0032 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | 0.1 |
Cinda 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 Cinda Securities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cinda 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.| Cinda Securities had very high historical volatility over the last 90 days | |
| Over 81.0% of the company shares are owned by institutions such as pension funds |
Cinda Securities Technical Analysis
Cinda Securities' future price can be derived by breaking down and analyzing its technical indicators over time. Cinda Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cinda Securities Co. In general, you should focus on analyzing Cinda Stock price patterns and their correlations with different microeconomic environments and drivers.
Cinda Securities Predictive Forecast Models
Cinda Securities' time-series forecasting models is one of many Cinda 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 Cinda 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 Cinda Securities
Checking the ongoing alerts about Cinda Securities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cinda Securities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cinda Securities had very high historical volatility over the last 90 days | |
| Over 81.0% of the company shares are owned by institutions such as pension funds |
Other Information on Investing in Cinda Stock
Cinda Securities financial ratios help investors to determine whether Cinda 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 Cinda with respect to the benefits of owning Cinda Securities security.