Bonree Data (China) Probability of Future Stock Price Finishing Over 37.92
| 688229 Stock | 37.92 0.15 0.40% |
Bonree |
Bonree Data Target Price Odds to finish over 37.92
The tendency of Bonree 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 above the current price in 90 days |
| 37.92 | 90 days | 37.92 | roughly 97.0 |
Based on a normal probability distribution, the odds of Bonree Data to move above the current price in 90 days from now is roughly 97.0 (This Bonree Data Technology probability density function shows the probability of Bonree Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Bonree Data has a beta of 0.27. This suggests as returns on the market go up, Bonree Data average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bonree Data Technology will be expected to be much smaller as well. Additionally Bonree Data Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Bonree Data Price Density |
| Price |
Predictive Modules for Bonree Data
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bonree Data Technology. 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.Bonree Data Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bonree Data is not an exception. The market had few large corrections towards the Bonree Data'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 Bonree Data Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bonree Data within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 3.35 | |
Ir | Information ratio | -0.09 |
Bonree Data 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 Bonree Data for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bonree Data Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bonree Data generated a negative expected return over the last 90 days | |
| Bonree Data has high historical volatility and very poor performance | |
| Bonree Data has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 120.73 M. Net Loss for the year was (106.63 M) with profit before overhead, payroll, taxes, and interest of 78.34 M. | |
| Bonree Data generates negative cash flow from operations | |
| About 61.0% of the company shares are owned by insiders or employees |
Bonree Data 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 Bonree Stock often depends not only on the future outlook of the current and potential Bonree Data'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. Bonree Data's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.4 M |
Bonree Data Technical Analysis
Bonree Data's future price can be derived by breaking down and analyzing its technical indicators over time. Bonree Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bonree Data Technology. In general, you should focus on analyzing Bonree Stock price patterns and their correlations with different microeconomic environments and drivers.
Bonree Data Predictive Forecast Models
Bonree Data's time-series forecasting models is one of many Bonree Data'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 Bonree Data'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 Bonree Data Technology
Checking the ongoing alerts about Bonree Data for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bonree Data Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bonree Data generated a negative expected return over the last 90 days | |
| Bonree Data has high historical volatility and very poor performance | |
| Bonree Data has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 120.73 M. Net Loss for the year was (106.63 M) with profit before overhead, payroll, taxes, and interest of 78.34 M. | |
| Bonree Data generates negative cash flow from operations | |
| About 61.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Bonree Stock
Bonree Data financial ratios help investors to determine whether Bonree 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 Bonree with respect to the benefits of owning Bonree Data security.