Hainan Jinpan (China) Probability of Future Stock Price Finishing Over 31.38
| 688676 Stock | 39.51 2.51 6.78% |
Hainan |
Hainan Jinpan Target Price Odds to finish over 31.38
The tendency of Hainan 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 above 31.38 in 90 days |
| 39.51 | 90 days | 31.38 | about 90.59 |
Based on a normal probability distribution, the odds of Hainan Jinpan to stay above 31.38 in 90 days from now is about 90.59 (This Hainan Jinpan Smart probability density function shows the probability of Hainan Stock to fall within a particular range of prices over 90 days) . Probability of Hainan Jinpan Smart price to stay between 31.38 and its current price of 39.51 at the end of the 90-day period is about 81.02 .
Assuming the 90 days trading horizon Hainan Jinpan Smart has a beta of -0.15. This suggests as returns on the benchmark increase, returns on holding Hainan Jinpan are expected to decrease at a much lower rate. During a bear market, however, Hainan Jinpan Smart is likely to outperform the market. Additionally Hainan Jinpan Smart has an alpha of 0.3927, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hainan Jinpan Price Density |
| Price |
Predictive Modules for Hainan Jinpan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hainan Jinpan Smart. 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.Hainan Jinpan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hainan Jinpan is not an exception. The market had few large corrections towards the Hainan Jinpan'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 Hainan Jinpan Smart, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hainan Jinpan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 3.10 | |
Ir | Information ratio | 0.08 |
Hainan Jinpan 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 Hainan Jinpan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hainan Jinpan Smart can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hainan Jinpan Smart had very high historical volatility over the last 90 days | |
| Hainan Jinpan Smart is unlikely to experience financial distress in the next 2 years | |
| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Netflix Stock Hits All-Time High as JPMorgan Raises Price Target - Investopedia |
Hainan Jinpan 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 Hainan Stock often depends not only on the future outlook of the current and potential Hainan Jinpan'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. Hainan Jinpan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 427.1 M |
Hainan Jinpan Technical Analysis
Hainan Jinpan's future price can be derived by breaking down and analyzing its technical indicators over time. Hainan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hainan Jinpan Smart. In general, you should focus on analyzing Hainan Stock price patterns and their correlations with different microeconomic environments and drivers.
Hainan Jinpan Predictive Forecast Models
Hainan Jinpan's time-series forecasting models is one of many Hainan Jinpan'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 Hainan Jinpan'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 Hainan Jinpan Smart
Checking the ongoing alerts about Hainan Jinpan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hainan Jinpan Smart help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hainan Jinpan Smart had very high historical volatility over the last 90 days | |
| Hainan Jinpan Smart is unlikely to experience financial distress in the next 2 years | |
| About 55.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Netflix Stock Hits All-Time High as JPMorgan Raises Price Target - Investopedia |
Other Information on Investing in Hainan Stock
Hainan Jinpan financial ratios help investors to determine whether Hainan 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 Hainan with respect to the benefits of owning Hainan Jinpan security.