Shanghai Junshi (China) Probability of Future Stock Price Finishing Under 29.53
| 688180 Stock | 29.36 0.77 2.56% |
Shanghai |
Shanghai Junshi Target Price Odds to finish below 29.53
The tendency of Shanghai 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 29.53 after 90 days |
| 29.36 | 90 days | 29.53 | about 44.15 |
Based on a normal probability distribution, the odds of Shanghai Junshi to stay under 29.53 after 90 days from now is about 44.15 (This Shanghai Junshi Biosciences probability density function shows the probability of Shanghai Stock to fall within a particular range of prices over 90 days) . Probability of Shanghai Junshi Bios price to stay between its current price of 29.36 and 29.53 at the end of the 90-day period is roughly 2.39 .
Assuming the 90 days trading horizon Shanghai Junshi Biosciences has a beta of -0.54. This suggests as returns on the benchmark increase, returns on holding Shanghai Junshi are expected to decrease at a much lower rate. During a bear market, however, Shanghai Junshi Biosciences is likely to outperform the market. Additionally Shanghai Junshi Biosciences has an alpha of 0.384, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shanghai Junshi Price Density |
| Price |
Predictive Modules for Shanghai Junshi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shanghai Junshi Bios. 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.Shanghai Junshi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shanghai Junshi is not an exception. The market had few large corrections towards the Shanghai Junshi'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 Shanghai Junshi Biosciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shanghai Junshi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 2.79 | |
Ir | Information ratio | 0.09 |
Shanghai Junshi 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 Shanghai Junshi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shanghai Junshi Bios can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shanghai Junshi Bios had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.5 B. Net Loss for the year was (2.25 B) with profit before overhead, payroll, taxes, and interest of 1.45 B. | |
| Shanghai Junshi generates negative cash flow from operations | |
| About 30.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Junshi Biosciences Proposes New Board Members - TipRanks |
Shanghai Junshi 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 Shanghai Stock often depends not only on the future outlook of the current and potential Shanghai Junshi'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. Shanghai Junshi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 985.7 M |
Shanghai Junshi Technical Analysis
Shanghai Junshi's future price can be derived by breaking down and analyzing its technical indicators over time. Shanghai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shanghai Junshi Biosciences. In general, you should focus on analyzing Shanghai Stock price patterns and their correlations with different microeconomic environments and drivers.
Shanghai Junshi Predictive Forecast Models
Shanghai Junshi's time-series forecasting models is one of many Shanghai Junshi'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 Shanghai Junshi'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 Shanghai Junshi Bios
Checking the ongoing alerts about Shanghai Junshi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shanghai Junshi Bios help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shanghai Junshi Bios had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.5 B. Net Loss for the year was (2.25 B) with profit before overhead, payroll, taxes, and interest of 1.45 B. | |
| Shanghai Junshi generates negative cash flow from operations | |
| About 30.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shanghai Junshi Biosciences Proposes New Board Members - TipRanks |
Other Information on Investing in Shanghai Stock
Shanghai Junshi financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Junshi security.