China Natural Resources Stock Probability of Future Stock Price Finishing Over 0.61
| CHNR Stock | USD 0.61 0.02 3.17% |
China |
China Natural Target Price Odds to finish over 0.61
The tendency of China 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 |
| 0.61 | 90 days | 0.61 | about 79.71 |
Based on a normal probability distribution, the odds of China Natural to move above the current price in 90 days from now is about 79.71 (This China Natural Resources probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days China Natural Resources has a beta of -1.29 suggesting as returns on its benchmark rise, returns on holding China Natural Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, China Natural is expected to outperform its benchmark. Additionally China Natural Resources has an alpha of 0.4405, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Natural Price Density |
| Price |
Predictive Modules for China Natural
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Natural Resources. 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.China Natural Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Natural is not an exception. The market had few large corrections towards the China Natural'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 China Natural Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Natural within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -1.29 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.02 |
China Natural 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 China Natural for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Natural Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Natural had very high historical volatility over the last 90 days | |
| China Natural has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (10.51 M) with profit before overhead, payroll, taxes, and interest of 241 K. | |
| China Natural has a frail financial position based on the latest SEC disclosures | |
| About 58.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: CHNR Stock Surges Amidst Industry Activity |
China Natural 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 China Stock often depends not only on the future outlook of the current and potential China Natural'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. China Natural's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.2 M | |
| Cash And Short Term Investments | 4.8 M |
China Natural Technical Analysis
China Natural's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Natural Resources. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Natural Predictive Forecast Models
China Natural's time-series forecasting models is one of many China Natural'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 China Natural'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 China Natural Resources
Checking the ongoing alerts about China Natural for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Natural Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Natural had very high historical volatility over the last 90 days | |
| China Natural has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (10.51 M) with profit before overhead, payroll, taxes, and interest of 241 K. | |
| China Natural has a frail financial position based on the latest SEC disclosures | |
| About 58.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: CHNR Stock Surges Amidst Industry Activity |
Additional Tools for China Stock Analysis
When running China Natural's price analysis, check to measure China Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Natural is operating at the current time. Most of China Natural's value examination focuses on studying past and present price action to predict the probability of China Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Natural's price. Additionally, you may evaluate how the addition of China Natural to your portfolios can decrease your overall portfolio volatility.