G Bits (China) Chance of Future Stock Price Finishing Over 178.66

603444 Stock   223.27  1.78  0.80%   
G Bits' future price is the expected price of G Bits 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 G bits Network Technology performance during a given time horizon utilizing its historical volatility. Check out G Bits Backtesting, G Bits Valuation, G Bits Correlation, G Bits Hype Analysis, G Bits Volatility, G Bits History as well as G Bits Performance.
  
Please specify G Bits' target price for which you would like G Bits odds to be computed.

G Bits Target Price Odds to finish over 178.66

The tendency of 603444 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 stay above  178.66  in 90 days
 223.27 90 days 178.66 
close to 99
Based on a normal probability distribution, the odds of G Bits to stay above  178.66  in 90 days from now is close to 99 (This G bits Network Technology probability density function shows the probability of 603444 Stock to fall within a particular range of prices over 90 days) . Probability of G bits Network price to stay between  178.66  and its current price of 223.27 at the end of the 90-day period is about 70.48 .
Assuming the 90 days trading horizon G bits Network Technology has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding G Bits are expected to decrease at a much lower rate. During a bear market, however, G bits Network Technology is likely to outperform the market. Additionally G bits Network Technology has an alpha of 0.3169, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   G Bits Price Density   
       Price  

Predictive Modules for G Bits

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as G bits Network. 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
219.22222.64226.06
Details
Intrinsic
Valuation
LowRealHigh
186.72190.14245.60
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 G Bits. Your research has to be compared to or analyzed against G Bits' peers to derive any actionable benefits. When done correctly, G Bits' 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 G bits Network.

G Bits Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. G Bits is not an exception. The market had few large corrections towards the G Bits' 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 G bits Network Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of G Bits within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.32
β
Beta against Dow Jones-0.17
σ
Overall volatility
14.25
Ir
Information ratio 0.08

G Bits 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 G Bits for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for G bits Network can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
G bits Network had very high historical volatility over the last 90 days
About 45.0% of the company shares are owned by insiders or employees

G Bits 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 603444 Stock often depends not only on the future outlook of the current and potential G Bits' 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. G Bits' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding72 M

G Bits Technical Analysis

G Bits' future price can be derived by breaking down and analyzing its technical indicators over time. 603444 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of G bits Network Technology. In general, you should focus on analyzing 603444 Stock price patterns and their correlations with different microeconomic environments and drivers.

G Bits Predictive Forecast Models

G Bits' time-series forecasting models is one of many G Bits' 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 G Bits' 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 G bits Network

Checking the ongoing alerts about G Bits for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for G bits Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
G bits Network had very high historical volatility over the last 90 days
About 45.0% of the company shares are owned by insiders or employees

Other Information on Investing in 603444 Stock

G Bits financial ratios help investors to determine whether 603444 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 603444 with respect to the benefits of owning G Bits security.