MayAir Technology (China) Probability of Future Stock Price Finishing Over 40.24
| 688376 Stock | 36.58 0.51 1.41% |
MayAir |
MayAir Technology Target Price Odds to finish over 40.24
The tendency of MayAir 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 40.24 or more in 90 days |
| 36.58 | 90 days | 40.24 | about 15.7 |
Based on a normal probability distribution, the odds of MayAir Technology to move over 40.24 or more in 90 days from now is about 15.7 (This MayAir Technology Co probability density function shows the probability of MayAir Stock to fall within a particular range of prices over 90 days) . Probability of MayAir Technology price to stay between its current price of 36.58 and 40.24 at the end of the 90-day period is about 19.06 .
Assuming the 90 days trading horizon MayAir Technology Co has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding MayAir Technology are expected to decrease at a much lower rate. During a bear market, however, MayAir Technology Co is likely to outperform the market. Additionally MayAir Technology Co has an alpha of 0.632, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MayAir Technology Price Density |
| Price |
Predictive Modules for MayAir Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MayAir 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.MayAir Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MayAir Technology is not an exception. The market had few large corrections towards the MayAir Technology'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 MayAir Technology Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MayAir Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 5.95 | |
Ir | Information ratio | 0.10 |
MayAir Technology 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 MayAir Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MayAir 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.| MayAir Technology appears to be risky and price may revert if volatility continues | |
| About 72.0% of the company shares are owned by insiders or employees |
MayAir Technology Technical Analysis
MayAir Technology's future price can be derived by breaking down and analyzing its technical indicators over time. MayAir Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MayAir Technology Co. In general, you should focus on analyzing MayAir Stock price patterns and their correlations with different microeconomic environments and drivers.
MayAir Technology Predictive Forecast Models
MayAir Technology's time-series forecasting models is one of many MayAir Technology'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 MayAir Technology'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 MayAir Technology
Checking the ongoing alerts about MayAir Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MayAir Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MayAir Technology appears to be risky and price may revert if volatility continues | |
| About 72.0% of the company shares are owned by insiders or employees |
Other Information on Investing in MayAir Stock
MayAir Technology financial ratios help investors to determine whether MayAir 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 MayAir with respect to the benefits of owning MayAir Technology security.