Cabio Biotech (China) Probability of Future Stock Price Finishing Over 21.68
| 688089 Stock | 18.28 0.19 1.05% |
Cabio |
Cabio Biotech Target Price Odds to finish over 21.68
The tendency of Cabio 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 21.68 or more in 90 days |
| 18.28 | 90 days | 21.68 | about 29.9 |
Based on a normal probability distribution, the odds of Cabio Biotech to move over 21.68 or more in 90 days from now is about 29.9 (This Cabio Biotech Wuhan probability density function shows the probability of Cabio Stock to fall within a particular range of prices over 90 days) . Probability of Cabio Biotech Wuhan price to stay between its current price of 18.28 and 21.68 at the end of the 90-day period is about 60.76 .
Assuming the 90 days trading horizon Cabio Biotech has a beta of 0.3. This suggests as returns on the market go up, Cabio Biotech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cabio Biotech Wuhan will be expected to be much smaller as well. Additionally Cabio Biotech Wuhan has an alpha of 0.166, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cabio Biotech Price Density |
| Price |
Predictive Modules for Cabio Biotech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cabio Biotech Wuhan. 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.Cabio Biotech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cabio Biotech is not an exception. The market had few large corrections towards the Cabio Biotech'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 Cabio Biotech Wuhan, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cabio Biotech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | 0.03 |
Cabio Biotech 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 Cabio Biotech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cabio Biotech Wuhan can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cabio Biotech Wuhan had very high historical volatility over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Cabio Biotech s earnings have declined over three years, contributing to shareholders 43 percent loss - Simply Wall St |
Cabio Biotech 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 Cabio Stock often depends not only on the future outlook of the current and potential Cabio Biotech'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. Cabio Biotech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 168.3 M |
Cabio Biotech Technical Analysis
Cabio Biotech's future price can be derived by breaking down and analyzing its technical indicators over time. Cabio Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cabio Biotech Wuhan. In general, you should focus on analyzing Cabio Stock price patterns and their correlations with different microeconomic environments and drivers.
Cabio Biotech Predictive Forecast Models
Cabio Biotech's time-series forecasting models is one of many Cabio Biotech'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 Cabio Biotech'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 Cabio Biotech Wuhan
Checking the ongoing alerts about Cabio Biotech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cabio Biotech Wuhan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cabio Biotech Wuhan had very high historical volatility over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Cabio Biotech s earnings have declined over three years, contributing to shareholders 43 percent loss - Simply Wall St |
Other Information on Investing in Cabio Stock
Cabio Biotech financial ratios help investors to determine whether Cabio 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 Cabio with respect to the benefits of owning Cabio Biotech security.