A Zenith (China) Odds of Future Stock Price Finishing Under 2.54
| 603389 Stock | 6.06 0.13 2.19% |
603389 |
A Zenith Target Price Odds to finish below 2.54
The tendency of 603389 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 2.54 or more in 90 days |
| 6.06 | 90 days | 2.54 | near 1 |
Based on a normal probability distribution, the odds of A Zenith to drop to 2.54 or more in 90 days from now is near 1 (This A Zenith Home Furnishings probability density function shows the probability of 603389 Stock to fall within a particular range of prices over 90 days) . Probability of A Zenith Home price to stay between 2.54 and its current price of 6.06 at the end of the 90-day period is about 40.3 .
Assuming the 90 days trading horizon A Zenith Home Furnishings has a beta of -1.3. This suggests as returns on its benchmark rise, returns on holding A Zenith Home Furnishings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, A Zenith is expected to outperform its benchmark. Additionally A Zenith Home Furnishings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. A Zenith Price Density |
| Price |
Predictive Modules for A Zenith
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as A Zenith Home. 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.A Zenith Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. A Zenith is not an exception. The market had few large corrections towards the A Zenith'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 A Zenith Home Furnishings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of A Zenith within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -1.3 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | 0.02 |
A Zenith 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 A Zenith for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for A Zenith Home can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| A Zenith Home generated a negative expected return over the last 90 days | |
| A Zenith Home has high historical volatility and very poor performance | |
| The company reported the revenue of 198.26 M. Net Loss for the year was (129.14 M) with profit before overhead, payroll, taxes, and interest of 39.34 M. | |
| A Zenith generates negative cash flow from operations | |
| About 67.0% of the company shares are owned by insiders or employees |
A Zenith 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 603389 Stock often depends not only on the future outlook of the current and potential A Zenith'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. A Zenith's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 262.8 M |
A Zenith Technical Analysis
A Zenith's future price can be derived by breaking down and analyzing its technical indicators over time. 603389 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of A Zenith Home Furnishings. In general, you should focus on analyzing 603389 Stock price patterns and their correlations with different microeconomic environments and drivers.
A Zenith Predictive Forecast Models
A Zenith's time-series forecasting models is one of many A Zenith'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 A Zenith'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 A Zenith Home
Checking the ongoing alerts about A Zenith for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for A Zenith Home help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| A Zenith Home generated a negative expected return over the last 90 days | |
| A Zenith Home has high historical volatility and very poor performance | |
| The company reported the revenue of 198.26 M. Net Loss for the year was (129.14 M) with profit before overhead, payroll, taxes, and interest of 39.34 M. | |
| A Zenith generates negative cash flow from operations | |
| About 67.0% of the company shares are owned by insiders or employees |
Other Information on Investing in 603389 Stock
A Zenith financial ratios help investors to determine whether 603389 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 603389 with respect to the benefits of owning A Zenith security.