Zhengzhou Coal (China) Probability of Future Stock Price Finishing Under 15.4
| 601717 Stock | 13.06 0.14 1.06% |
Zhengzhou |
Zhengzhou Coal Target Price Odds to finish below 15.4
The tendency of Zhengzhou 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 15.40 after 90 days |
| 13.06 | 90 days | 15.40 | close to 99 |
Based on a normal probability distribution, the odds of Zhengzhou Coal to stay under 15.40 after 90 days from now is close to 99 (This Zhengzhou Coal Mining probability density function shows the probability of Zhengzhou Stock to fall within a particular range of prices over 90 days) . Probability of Zhengzhou Coal Mining price to stay between its current price of 13.06 and 15.40 at the end of the 90-day period is about 37.48 .
Assuming the 90 days trading horizon Zhengzhou Coal has a beta of 0.0948. This suggests as returns on the market go up, Zhengzhou Coal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhengzhou Coal Mining will be expected to be much smaller as well. Additionally Zhengzhou Coal Mining has an alpha of 0.2311, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zhengzhou Coal Price Density |
| Price |
Predictive Modules for Zhengzhou Coal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhengzhou Coal Mining. 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.Zhengzhou Coal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhengzhou Coal is not an exception. The market had few large corrections towards the Zhengzhou Coal'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 Zhengzhou Coal Mining, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhengzhou Coal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | 0.09 |
Zhengzhou Coal 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 Zhengzhou Coal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhengzhou Coal Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhengzhou Coal generated a negative expected return over the last 90 days | |
| Zhengzhou Coal is unlikely to experience financial distress in the next 2 years | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: We Like These Underlying Return On Capital Trends At Zhengzhou Coal Mining Machinery Group - Simply Wall St |
Zhengzhou Coal 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 Zhengzhou Stock often depends not only on the future outlook of the current and potential Zhengzhou Coal'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. Zhengzhou Coal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B |
Zhengzhou Coal Technical Analysis
Zhengzhou Coal's future price can be derived by breaking down and analyzing its technical indicators over time. Zhengzhou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhengzhou Coal Mining. In general, you should focus on analyzing Zhengzhou Stock price patterns and their correlations with different microeconomic environments and drivers.
Zhengzhou Coal Predictive Forecast Models
Zhengzhou Coal's time-series forecasting models is one of many Zhengzhou Coal'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 Zhengzhou Coal'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 Zhengzhou Coal Mining
Checking the ongoing alerts about Zhengzhou Coal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhengzhou Coal Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhengzhou Coal generated a negative expected return over the last 90 days | |
| Zhengzhou Coal is unlikely to experience financial distress in the next 2 years | |
| About 35.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: We Like These Underlying Return On Capital Trends At Zhengzhou Coal Mining Machinery Group - Simply Wall St |
Other Information on Investing in Zhengzhou Stock
Zhengzhou Coal financial ratios help investors to determine whether Zhengzhou 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 Zhengzhou with respect to the benefits of owning Zhengzhou Coal security.