Xiangpiaopiao Food (China) Probability of Future Stock Price Finishing Over 26.41
| 603711 Stock | 19.79 1.80 10.01% |
Xiangpiaopiao |
Xiangpiaopiao Food Target Price Odds to finish over 26.41
The tendency of Xiangpiaopiao 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 move over 26.41 or more in 90 days |
| 19.79 | 90 days | 26.41 | near 1 |
Based on a normal probability distribution, the odds of Xiangpiaopiao Food to move over 26.41 or more in 90 days from now is near 1 (This Xiangpiaopiao Food Co probability density function shows the probability of Xiangpiaopiao Stock to fall within a particular range of prices over 90 days) . Probability of Xiangpiaopiao Food price to stay between its current price of 19.79 and 26.41 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Xiangpiaopiao Food has a beta of 0.94. This suggests Xiangpiaopiao Food Co market returns are sensitive to returns on the market. As the market goes up or down, Xiangpiaopiao Food is expected to follow. Additionally Xiangpiaopiao Food Co has an alpha of 0.997, implying that it can generate a 1.0 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xiangpiaopiao Food Price Density |
| Price |
Predictive Modules for Xiangpiaopiao Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xiangpiaopiao Food. 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.Xiangpiaopiao Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xiangpiaopiao Food is not an exception. The market had few large corrections towards the Xiangpiaopiao Food'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 Xiangpiaopiao Food Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xiangpiaopiao Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.00 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 2.02 | |
Ir | Information ratio | 0.21 |
Xiangpiaopiao Food 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 Xiangpiaopiao Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xiangpiaopiao Food can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xiangpiaopiao Food appears to be risky and price may revert if volatility continues | |
| Xiangpiaopiao Food is unlikely to experience financial distress in the next 2 years | |
| About 84.0% of the company shares are owned by insiders or employees |
Xiangpiaopiao Food 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 Xiangpiaopiao Stock often depends not only on the future outlook of the current and potential Xiangpiaopiao Food'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. Xiangpiaopiao Food's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 410.7 M |
Xiangpiaopiao Food Technical Analysis
Xiangpiaopiao Food's future price can be derived by breaking down and analyzing its technical indicators over time. Xiangpiaopiao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xiangpiaopiao Food Co. In general, you should focus on analyzing Xiangpiaopiao Stock price patterns and their correlations with different microeconomic environments and drivers.
Xiangpiaopiao Food Predictive Forecast Models
Xiangpiaopiao Food's time-series forecasting models is one of many Xiangpiaopiao Food'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 Xiangpiaopiao Food'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 Xiangpiaopiao Food
Checking the ongoing alerts about Xiangpiaopiao Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xiangpiaopiao Food help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xiangpiaopiao Food appears to be risky and price may revert if volatility continues | |
| Xiangpiaopiao Food is unlikely to experience financial distress in the next 2 years | |
| About 84.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Xiangpiaopiao Stock
Xiangpiaopiao Food financial ratios help investors to determine whether Xiangpiaopiao 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 Xiangpiaopiao with respect to the benefits of owning Xiangpiaopiao Food security.