HOB Biotech (China) Probability of Future Stock Price Finishing Over 139.86

688656 Stock   97.31  3.96  3.91%   
HOB Biotech's future price is the expected price of HOB Biotech instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of HOB Biotech Group performance during a given time horizon utilizing its historical volatility. Check out HOB Biotech Backtesting, HOB Biotech Valuation, HOB Biotech Correlation, HOB Biotech Hype Analysis, HOB Biotech Volatility, HOB Biotech History as well as HOB Biotech Performance.
  
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HOB Biotech Target Price Odds to finish over 139.86

The tendency of HOB 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 PriceHorizonTarget PriceOdds to move over  139.86  or more in 90 days
 97.31 90 days 139.86 
about 8.14
Based on a normal probability distribution, the odds of HOB Biotech to move over  139.86  or more in 90 days from now is about 8.14 (This HOB Biotech Group probability density function shows the probability of HOB Stock to fall within a particular range of prices over 90 days) . Probability of HOB Biotech Group price to stay between its current price of  97.31  and  139.86  at the end of the 90-day period is about 23.22 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.34 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HOB Biotech will likely underperform. In addition to that HOB Biotech Group has an alpha of 2.5065, implying that it can generate a 2.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   HOB Biotech Price Density   
       Price  

Predictive Modules for HOB 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 HOB Biotech Group. 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.
Hype
Prediction
LowEstimatedHigh
87.2195.51103.81
Details
Intrinsic
Valuation
LowRealHigh
82.5190.8199.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HOB Biotech. Your research has to be compared to or analyzed against HOB Biotech's peers to derive any actionable benefits. When done correctly, HOB Biotech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HOB Biotech Group.

HOB Biotech Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. HOB Biotech is not an exception. The market had few large corrections towards the HOB 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 HOB Biotech Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HOB Biotech within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
2.51
β
Beta against Dow Jones1.34
σ
Overall volatility
46.75
Ir
Information ratio 0.31

HOB 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 HOB Biotech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HOB Biotech Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
HOB Biotech Group is way too risky over 90 days horizon
HOB Biotech Group appears to be risky and price may revert if volatility continues
HOB Biotech Group is unlikely to experience financial distress in the next 2 years
About 78.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Following recent decline, HOB Biotech Group Corp.,Ltds top shareholder CEO John Li sees holdings value drop by 12 percent - Simply Wall St

HOB 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 HOB Stock often depends not only on the future outlook of the current and potential HOB 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. HOB Biotech's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding63.1 M

HOB Biotech Technical Analysis

HOB Biotech's future price can be derived by breaking down and analyzing its technical indicators over time. HOB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HOB Biotech Group. In general, you should focus on analyzing HOB Stock price patterns and their correlations with different microeconomic environments and drivers.

HOB Biotech Predictive Forecast Models

HOB Biotech's time-series forecasting models is one of many HOB 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 HOB 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 HOB Biotech Group

Checking the ongoing alerts about HOB Biotech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HOB Biotech Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
HOB Biotech Group is way too risky over 90 days horizon
HOB Biotech Group appears to be risky and price may revert if volatility continues
HOB Biotech Group is unlikely to experience financial distress in the next 2 years
About 78.0% of the company shares are owned by insiders or employees
Latest headline from news.google.com: Following recent decline, HOB Biotech Group Corp.,Ltds top shareholder CEO John Li sees holdings value drop by 12 percent - Simply Wall St

Other Information on Investing in HOB Stock

HOB Biotech financial ratios help investors to determine whether HOB 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 HOB with respect to the benefits of owning HOB Biotech security.