Zjk Industrial Co, Stock Probability of Future Stock Price Finishing Under 5.92
| ZJK Stock | 8.15 0.00 0.00% |
ZJK |
ZJK Industrial Target Price Odds to finish below 5.92
The tendency of ZJK 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 drop to 5.92 or more in 90 days |
| 8.15 | 90 days | 5.92 | about 41.78 |
Based on a normal probability distribution, the odds of ZJK Industrial to drop to 5.92 or more in 90 days from now is about 41.78 (This ZJK Industrial Co, probability density function shows the probability of ZJK Stock to fall within a particular range of prices over 90 days) . Probability of ZJK Industrial Co, price to stay between 5.92 and its current price of 8.15 at the end of the 90-day period is about 28.1 .
Considering the 90-day investment horizon ZJK Industrial Co, has a beta of -1.16. This usually means as returns on its benchmark rise, returns on holding ZJK Industrial Co, are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ZJK Industrial is expected to outperform its benchmark. In addition to that ZJK Industrial Co, has an alpha of 2.1883, implying that it can generate a 2.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ZJK Industrial Price Density |
| Price |
Predictive Modules for ZJK Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZJK Industrial Co,. 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.ZJK Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZJK Industrial is not an exception. The market had few large corrections towards the ZJK Industrial'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 ZJK Industrial Co,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZJK Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.19 | |
β | Beta against Dow Jones | -1.16 | |
σ | Overall volatility | 3.06 | |
Ir | Information ratio | 0.1 |
ZJK Industrial 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 ZJK Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZJK Industrial Co, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZJK Industrial Co, is way too risky over 90 days horizon | |
| ZJK Industrial Co, appears to be risky and price may revert if volatility continues | |
| Latest headline from seekingalpha.com: ZJK Industrial GAAP EPS of 0.09, revenue of 16.23M |
ZJK Industrial 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 ZJK Stock often depends not only on the future outlook of the current and potential ZJK Industrial'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. ZJK Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Short Prior Month | 14.6 K |
ZJK Industrial Technical Analysis
ZJK Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. ZJK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZJK Industrial Co,. In general, you should focus on analyzing ZJK Stock price patterns and their correlations with different microeconomic environments and drivers.
ZJK Industrial Predictive Forecast Models
ZJK Industrial's time-series forecasting models is one of many ZJK Industrial'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 ZJK Industrial'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 ZJK Industrial Co,
Checking the ongoing alerts about ZJK Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZJK Industrial Co, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZJK Industrial Co, is way too risky over 90 days horizon | |
| ZJK Industrial Co, appears to be risky and price may revert if volatility continues | |
| Latest headline from seekingalpha.com: ZJK Industrial GAAP EPS of 0.09, revenue of 16.23M |
Check out ZJK Industrial Backtesting, ZJK Industrial Valuation, ZJK Industrial Correlation, ZJK Industrial Hype Analysis, ZJK Industrial Volatility, ZJK Industrial History as well as ZJK Industrial Performance. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZJK Industrial. If investors know ZJK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZJK Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ZJK Industrial Co, is measured differently than its book value, which is the value of ZJK that is recorded on the company's balance sheet. Investors also form their own opinion of ZJK Industrial's value that differs from its market value or its book value, called intrinsic value, which is ZJK Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZJK Industrial's market value can be influenced by many factors that don't directly affect ZJK Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZJK Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZJK Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZJK Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.