JuneYao Dairy (China) Probability of Future Stock Price Finishing Over 5.92
| 605388 Stock | 7.45 0.30 4.20% |
JuneYao |
JuneYao Dairy Target Price Odds to finish over 5.92
The tendency of JuneYao 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 stay above 5.92 in 90 days |
| 7.45 | 90 days | 5.92 | about 34.36 |
Based on a normal probability distribution, the odds of JuneYao Dairy to stay above 5.92 in 90 days from now is about 34.36 (This JuneYao Dairy Co probability density function shows the probability of JuneYao Stock to fall within a particular range of prices over 90 days) . Probability of JuneYao Dairy price to stay between 5.92 and its current price of 7.45 at the end of the 90-day period is about 33.52 .
Assuming the 90 days trading horizon JuneYao Dairy has a beta of 0.0557. This suggests as returns on the market go up, JuneYao Dairy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JuneYao Dairy Co will be expected to be much smaller as well. Additionally JuneYao Dairy Co has an alpha of 0.6446, implying that it can generate a 0.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JuneYao Dairy Price Density |
| Price |
Predictive Modules for JuneYao Dairy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JuneYao Dairy. 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.JuneYao Dairy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JuneYao Dairy is not an exception. The market had few large corrections towards the JuneYao Dairy'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 JuneYao Dairy Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JuneYao Dairy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.64 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | 0.15 |
JuneYao Dairy 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 JuneYao Dairy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JuneYao Dairy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JuneYao Dairy appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company shares are owned by insiders or employees |
JuneYao Dairy 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 JuneYao Stock often depends not only on the future outlook of the current and potential JuneYao Dairy'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. JuneYao Dairy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 602 M |
JuneYao Dairy Technical Analysis
JuneYao Dairy's future price can be derived by breaking down and analyzing its technical indicators over time. JuneYao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JuneYao Dairy Co. In general, you should focus on analyzing JuneYao Stock price patterns and their correlations with different microeconomic environments and drivers.
JuneYao Dairy Predictive Forecast Models
JuneYao Dairy's time-series forecasting models is one of many JuneYao Dairy'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 JuneYao Dairy'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 JuneYao Dairy
Checking the ongoing alerts about JuneYao Dairy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JuneYao Dairy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JuneYao Dairy appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company shares are owned by insiders or employees |
Other Information on Investing in JuneYao Stock
JuneYao Dairy financial ratios help investors to determine whether JuneYao 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 JuneYao with respect to the benefits of owning JuneYao Dairy security.