Namchow Food (China) Probability of Future Stock Price Finishing Under 16.90

605339 Stock   19.24  0.43  2.19%   
Namchow Food's future price is the expected price of Namchow Food 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 Namchow Food Group performance during a given time horizon utilizing its historical volatility. Check out Namchow Food Backtesting, Namchow Food Valuation, Namchow Food Correlation, Namchow Food Hype Analysis, Namchow Food Volatility, Namchow Food History as well as Namchow Food Performance.
  
Please specify Namchow Food's target price for which you would like Namchow Food odds to be computed.

Namchow Food Target Price Odds to finish below 16.90

The tendency of Namchow 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 drop to  16.90  or more in 90 days
 19.24 90 days 16.90 
about 58.34
Based on a normal probability distribution, the odds of Namchow Food to drop to  16.90  or more in 90 days from now is about 58.34 (This Namchow Food Group probability density function shows the probability of Namchow Stock to fall within a particular range of prices over 90 days) . Probability of Namchow Food Group price to stay between  16.90  and its current price of 19.24 at the end of the 90-day period is about 38.92 .
Assuming the 90 days trading horizon Namchow Food has a beta of 0.069. This suggests as returns on the market go up, Namchow Food average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Namchow Food Group will be expected to be much smaller as well. Additionally Namchow Food Group has an alpha of 0.4496, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Namchow Food Price Density   
       Price  

Predictive Modules for Namchow 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 Namchow Food 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.
Hype
Prediction
LowEstimatedHigh
17.1519.4921.83
Details
Intrinsic
Valuation
LowRealHigh
18.2720.6122.95
Details
Naive
Forecast
LowNextHigh
17.7920.1322.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.2617.5718.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Namchow Food. Your research has to be compared to or analyzed against Namchow Food's peers to derive any actionable benefits. When done correctly, Namchow Food'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 Namchow Food Group.

Namchow Food Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Namchow Food is not an exception. The market had few large corrections towards the Namchow 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 Namchow Food Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Namchow Food within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.45
β
Beta against Dow Jones0.07
σ
Overall volatility
1.35
Ir
Information ratio 0.16

Namchow 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 Namchow Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Namchow Food 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.
Namchow Food Group is unlikely to experience financial distress in the next 2 years
About 88.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Namchow Food Group Seems To Use Debt Rather Sparingly - Simply Wall St

Namchow 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 Namchow Stock often depends not only on the future outlook of the current and potential Namchow 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. Namchow Food's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding426.1 M

Namchow Food Technical Analysis

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

Namchow Food Predictive Forecast Models

Namchow Food's time-series forecasting models is one of many Namchow 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 Namchow 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 Namchow Food Group

Checking the ongoing alerts about Namchow Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Namchow Food Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Namchow Food Group is unlikely to experience financial distress in the next 2 years
About 88.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Namchow Food Group Seems To Use Debt Rather Sparingly - Simply Wall St

Other Information on Investing in Namchow Stock

Namchow Food financial ratios help investors to determine whether Namchow 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 Namchow with respect to the benefits of owning Namchow Food security.