Nantong Haixing (China) Probability of Future Stock Price Finishing Under 11.18
| 603115 Stock | 13.53 0.14 1.05% |
Nantong |
Nantong Haixing Target Price Odds to finish below 11.18
The tendency of Nantong 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 11.18 or more in 90 days |
| 13.53 | 90 days | 11.18 | under 4 |
Based on a normal probability distribution, the odds of Nantong Haixing to drop to 11.18 or more in 90 days from now is under 4 (This Nantong Haixing Electronics probability density function shows the probability of Nantong Stock to fall within a particular range of prices over 90 days) . Probability of Nantong Haixing Elec price to stay between 11.18 and its current price of 13.53 at the end of the 90-day period is about 64.65 .
Assuming the 90 days trading horizon Nantong Haixing has a beta of 0.0993. This suggests as returns on the market go up, Nantong Haixing average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nantong Haixing Electronics will be expected to be much smaller as well. Additionally Nantong Haixing Electronics has an alpha of 0.3496, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nantong Haixing Price Density |
| Price |
Predictive Modules for Nantong Haixing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nantong Haixing Elec. 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.Nantong Haixing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nantong Haixing is not an exception. The market had few large corrections towards the Nantong Haixing'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 Nantong Haixing Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nantong Haixing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 1.05 | |
Ir | Information ratio | 0.13 |
Nantong Haixing 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 Nantong Haixing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nantong Haixing Elec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nantong Haixing Elec is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Kweichow Moutai Is Due To Pay A Dividend Of CN23.88 - Simply Wall St |
Nantong Haixing 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 Nantong Stock often depends not only on the future outlook of the current and potential Nantong Haixing'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. Nantong Haixing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 239.2 M |
Nantong Haixing Technical Analysis
Nantong Haixing's future price can be derived by breaking down and analyzing its technical indicators over time. Nantong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nantong Haixing Electronics. In general, you should focus on analyzing Nantong Stock price patterns and their correlations with different microeconomic environments and drivers.
Nantong Haixing Predictive Forecast Models
Nantong Haixing's time-series forecasting models is one of many Nantong Haixing'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 Nantong Haixing'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 Nantong Haixing Elec
Checking the ongoing alerts about Nantong Haixing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nantong Haixing Elec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nantong Haixing Elec is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Kweichow Moutai Is Due To Pay A Dividend Of CN23.88 - Simply Wall St |
Other Information on Investing in Nantong Stock
Nantong Haixing financial ratios help investors to determine whether Nantong 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 Nantong with respect to the benefits of owning Nantong Haixing security.