Kingclean Electric (China) Probability of Future Stock Price Finishing Over 28.96

603355 Stock   22.68  0.28  1.22%   
Kingclean Electric's future price is the expected price of Kingclean Electric instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Kingclean Electric Co performance during a given time horizon utilizing its historical volatility. Check out Kingclean Electric Backtesting, Kingclean Electric Valuation, Kingclean Electric Correlation, Kingclean Electric Hype Analysis, Kingclean Electric Volatility, Kingclean Electric History as well as Kingclean Electric Performance.
  
Please specify Kingclean Electric's target price for which you would like Kingclean Electric odds to be computed.

Kingclean Electric Target Price Odds to finish over 28.96

The tendency of Kingclean 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 PriceHorizonTarget PriceOdds to move over  28.96  or more in 90 days
 22.68 90 days 28.96 
near 1
Based on a normal probability distribution, the odds of Kingclean Electric to move over  28.96  or more in 90 days from now is near 1 (This Kingclean Electric Co probability density function shows the probability of Kingclean Stock to fall within a particular range of prices over 90 days) . Probability of Kingclean Electric price to stay between its current price of  22.68  and  28.96  at the end of the 90-day period is about 66.59 .
Assuming the 90 days trading horizon Kingclean Electric has a beta of 0.0389. This suggests as returns on the market go up, Kingclean Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kingclean Electric Co will be expected to be much smaller as well. Additionally Kingclean Electric Co has an alpha of 0.2044, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Kingclean Electric Price Density   
       Price  

Predictive Modules for Kingclean Electric

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kingclean 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.
Hype
Prediction
LowEstimatedHigh
20.0722.5425.01
Details
Intrinsic
Valuation
LowRealHigh
20.5523.0225.49
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kingclean Electric. Your research has to be compared to or analyzed against Kingclean Electric's peers to derive any actionable benefits. When done correctly, Kingclean Electric's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kingclean Electric.

Kingclean Electric Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Kingclean Electric is not an exception. The market had few large corrections towards the Kingclean Electric'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 Kingclean Electric Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kingclean Electric within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.20
β
Beta against Dow Jones0.04
σ
Overall volatility
1.33
Ir
Information ratio 0.08

Kingclean Electric 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 Kingclean Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kingclean 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.
About 84.0% of the company shares are owned by insiders or employees

Kingclean Electric 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 Kingclean Stock often depends not only on the future outlook of the current and potential Kingclean Electric'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. Kingclean Electric's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding573.8 M

Kingclean Electric Technical Analysis

Kingclean Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Kingclean Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kingclean Electric Co. In general, you should focus on analyzing Kingclean Stock price patterns and their correlations with different microeconomic environments and drivers.

Kingclean Electric Predictive Forecast Models

Kingclean Electric's time-series forecasting models is one of many Kingclean Electric'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 Kingclean Electric'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 Kingclean Electric

Checking the ongoing alerts about Kingclean Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kingclean Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 84.0% of the company shares are owned by insiders or employees

Other Information on Investing in Kingclean Stock

Kingclean Electric financial ratios help investors to determine whether Kingclean 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 Kingclean with respect to the benefits of owning Kingclean Electric security.