Dongfeng Group Stock Odds of Future Pink Sheet Price Finishing Over 22.13
| DNFGF Stock | USD 0.49 0.06 10.91% |
Dongfeng |
Dongfeng Target Price Odds to finish over 22.13
The tendency of Dongfeng Pink Sheet 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 $ 22.13 or more in 90 days |
| 0.49 | 90 days | 22.13 | close to zero percent |
Based on a normal probability distribution, the odds of Dongfeng to move over $ 22.13 or more in 90 days from now is close to zero percent (This Dongfeng Group probability density function shows the probability of Dongfeng Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Dongfeng Group price to stay between its current price of $ 0.49 and $ 22.13 at the end of the 90-day period is about 11.18 .
Assuming the 90 days horizon Dongfeng Group has a beta of -0.5 suggesting as returns on the benchmark increase, returns on holding Dongfeng are expected to decrease at a much lower rate. During a bear market, however, Dongfeng Group is likely to outperform the market. Moreover Dongfeng Group has an alpha of 1.3686, implying that it can generate a 1.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dongfeng Price Density |
| Price |
Predictive Modules for Dongfeng
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dongfeng Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Dongfeng Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dongfeng is not an exception. The market had few large corrections towards the Dongfeng'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 Dongfeng Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dongfeng within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.37 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.19 |
Dongfeng 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 Dongfeng for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dongfeng 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.| Dongfeng Group is way too risky over 90 days horizon | |
| Dongfeng Group has some characteristics of a very speculative penny stock | |
| Dongfeng Group appears to be risky and price may revert if volatility continues | |
| About 56.0% of the company shares are held by institutions such as insurance companies |
Dongfeng 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 Dongfeng Pink Sheet often depends not only on the future outlook of the current and potential Dongfeng'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. Dongfeng's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.6 B |
Dongfeng Technical Analysis
Dongfeng's future price can be derived by breaking down and analyzing its technical indicators over time. Dongfeng Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dongfeng Group. In general, you should focus on analyzing Dongfeng Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Dongfeng Predictive Forecast Models
Dongfeng's time-series forecasting models is one of many Dongfeng's pink sheet 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 Dongfeng'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Dongfeng Group
Checking the ongoing alerts about Dongfeng for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dongfeng Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dongfeng Group is way too risky over 90 days horizon | |
| Dongfeng Group has some characteristics of a very speculative penny stock | |
| Dongfeng Group appears to be risky and price may revert if volatility continues | |
| About 56.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Dongfeng Pink Sheet
Dongfeng financial ratios help investors to determine whether Dongfeng Pink Sheet 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 Dongfeng with respect to the benefits of owning Dongfeng security.