Anji Microelectronics (China) Probability of Future Stock Price Finishing Under 154.49
| 688019 Stock | 153.06 1.43 0.93% |
Anji |
Anji Microelectronics Target Price Odds to finish below 154.49
The tendency of Anji 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 under 154.49 after 90 days |
| 153.06 | 90 days | 154.49 | about 81.83 |
Based on a normal probability distribution, the odds of Anji Microelectronics to stay under 154.49 after 90 days from now is about 81.83 (This Anji Microelectronics Tech probability density function shows the probability of Anji Stock to fall within a particular range of prices over 90 days) . Probability of Anji Microelectronics price to stay between its current price of 153.06 and 154.49 at the end of the 90-day period is about 1.75 .
Assuming the 90 days trading horizon Anji Microelectronics Tech has a beta of -0.64. This suggests as returns on the benchmark increase, returns on holding Anji Microelectronics are expected to decrease at a much lower rate. During a bear market, however, Anji Microelectronics Tech is likely to outperform the market. Additionally Anji Microelectronics Tech has an alpha of 0.8425, implying that it can generate a 0.84 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Anji Microelectronics Price Density |
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Predictive Modules for Anji Microelectronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anji Microelectronics. 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.Anji Microelectronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Anji Microelectronics is not an exception. The market had few large corrections towards the Anji Microelectronics' 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 Anji Microelectronics Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Anji Microelectronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.84 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 22.17 | |
Ir | Information ratio | 0.15 |
Anji Microelectronics 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 Anji Microelectronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Anji Microelectronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Anji Microelectronics appears to be risky and price may revert if volatility continues | |
| Anji Microelectronics is unlikely to experience financial distress in the next 2 years | |
| About 33.0% of the company shares are owned by insiders or employees |
Anji Microelectronics 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 Anji Stock often depends not only on the future outlook of the current and potential Anji Microelectronics' 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. Anji Microelectronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 128.8 M |
Anji Microelectronics Technical Analysis
Anji Microelectronics' future price can be derived by breaking down and analyzing its technical indicators over time. Anji Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Anji Microelectronics Tech. In general, you should focus on analyzing Anji Stock price patterns and their correlations with different microeconomic environments and drivers.
Anji Microelectronics Predictive Forecast Models
Anji Microelectronics' time-series forecasting models is one of many Anji Microelectronics' 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 Anji Microelectronics' 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 Anji Microelectronics
Checking the ongoing alerts about Anji Microelectronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Anji Microelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Anji Microelectronics appears to be risky and price may revert if volatility continues | |
| Anji Microelectronics is unlikely to experience financial distress in the next 2 years | |
| About 33.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Anji Stock
Anji Microelectronics financial ratios help investors to determine whether Anji 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 Anji with respect to the benefits of owning Anji Microelectronics security.