Oppein Home (China) Probability of Future Stock Price Finishing Under 60.09
| 603833 Stock | 70.19 0.18 0.26% |
Oppein |
Oppein Home Target Price Odds to finish below 60.09
The tendency of Oppein 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 60.09 or more in 90 days |
| 70.19 | 90 days | 60.09 | about 24.17 |
Based on a normal probability distribution, the odds of Oppein Home to drop to 60.09 or more in 90 days from now is about 24.17 (This Oppein Home Group probability density function shows the probability of Oppein Stock to fall within a particular range of prices over 90 days) . Probability of Oppein Home Group price to stay between 60.09 and its current price of 70.19 at the end of the 90-day period is about 45.85 .
Assuming the 90 days trading horizon Oppein Home has a beta of 0.39. This suggests as returns on the market go up, Oppein Home average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oppein Home Group will be expected to be much smaller as well. Additionally Oppein Home Group has an alpha of 0.7371, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Oppein Home Price Density |
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Predictive Modules for Oppein Home
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oppein Home Group. 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.Oppein Home Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oppein Home is not an exception. The market had few large corrections towards the Oppein Home'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 Oppein Home Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oppein Home within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.74 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 8.24 | |
Ir | Information ratio | 0.18 |
Oppein Home 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 Oppein Home for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oppein Home Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oppein Home Group had very high historical volatility over the last 90 days | |
| Oppein Home Group is unlikely to experience financial distress in the next 2 years | |
| About 75.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Returns On Capital At Mengtian Home Group Paint A Concerning Picture - Simply Wall St |
Oppein Home 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 Oppein Stock often depends not only on the future outlook of the current and potential Oppein Home'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. Oppein Home's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 609.2 M |
Oppein Home Technical Analysis
Oppein Home's future price can be derived by breaking down and analyzing its technical indicators over time. Oppein Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oppein Home Group. In general, you should focus on analyzing Oppein Stock price patterns and their correlations with different microeconomic environments and drivers.
Oppein Home Predictive Forecast Models
Oppein Home's time-series forecasting models is one of many Oppein Home'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 Oppein Home'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 Oppein Home Group
Checking the ongoing alerts about Oppein Home for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oppein Home Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oppein Home Group had very high historical volatility over the last 90 days | |
| Oppein Home Group is unlikely to experience financial distress in the next 2 years | |
| About 75.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Returns On Capital At Mengtian Home Group Paint A Concerning Picture - Simply Wall St |
Other Information on Investing in Oppein Stock
Oppein Home financial ratios help investors to determine whether Oppein 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 Oppein with respect to the benefits of owning Oppein Home security.