CITIC RESHLDGS (Germany) Probability of Future Stock Price Finishing Over 2.89
| CZR Stock | EUR 0.04 0 2.74% |
CITIC |
CITIC RESHLDGS Target Price Odds to finish over 2.89
The tendency of CITIC 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 € 2.89 or more in 90 days |
| 0.04 | 90 days | 2.89 | close to zero percent |
Based on a normal probability distribution, the odds of CITIC RESHLDGS to move over € 2.89 or more in 90 days from now is close to zero percent (This CITIC RESHLDGS HD probability density function shows the probability of CITIC Stock to fall within a particular range of prices over 90 days) . Probability of CITIC RESHLDGS HD price to stay between its current price of € 0.04 and € 2.89 at the end of the 90-day period is about 88.6 .
Assuming the 90 days horizon CITIC RESHLDGS HD has a beta of -0.34 suggesting as returns on the benchmark increase, returns on holding CITIC RESHLDGS are expected to decrease at a much lower rate. During a bear market, however, CITIC RESHLDGS HD is likely to outperform the market. Additionally CITIC RESHLDGS HD 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. CITIC RESHLDGS Price Density |
| Price |
Predictive Modules for CITIC RESHLDGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CITIC RESHLDGS HD. 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.CITIC RESHLDGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CITIC RESHLDGS is not an exception. The market had few large corrections towards the CITIC RESHLDGS'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 CITIC RESHLDGS HD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CITIC RESHLDGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
CITIC RESHLDGS 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 CITIC RESHLDGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CITIC RESHLDGS HD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CITIC RESHLDGS HD generated a negative expected return over the last 90 days | |
| CITIC RESHLDGS HD has some characteristics of a very speculative penny stock | |
| CITIC RESHLDGS HD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company shares are held by company insiders |
CITIC RESHLDGS Technical Analysis
CITIC RESHLDGS's future price can be derived by breaking down and analyzing its technical indicators over time. CITIC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CITIC RESHLDGS HD. In general, you should focus on analyzing CITIC Stock price patterns and their correlations with different microeconomic environments and drivers.
CITIC RESHLDGS Predictive Forecast Models
CITIC RESHLDGS's time-series forecasting models is one of many CITIC RESHLDGS'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 CITIC RESHLDGS'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 CITIC RESHLDGS HD
Checking the ongoing alerts about CITIC RESHLDGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CITIC RESHLDGS HD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CITIC RESHLDGS HD generated a negative expected return over the last 90 days | |
| CITIC RESHLDGS HD has some characteristics of a very speculative penny stock | |
| CITIC RESHLDGS HD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company shares are held by company insiders |
Other Information on Investing in CITIC Stock
CITIC RESHLDGS financial ratios help investors to determine whether CITIC 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 CITIC with respect to the benefits of owning CITIC RESHLDGS security.