Chongqing Machinery (Germany) Probability of Future Stock Price Finishing Over 0.068
| CE3 Stock | EUR 0.07 0.0005 0.73% |
Chongqing |
Chongqing Machinery Target Price Odds to finish over 0.068
The tendency of Chongqing 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 |
| 0.07 | 90 days | 0.07 | about 87.57 |
Based on a normal probability distribution, the odds of Chongqing Machinery to move above the current price in 90 days from now is about 87.57 (This Chongqing Machinery Electric probability density function shows the probability of Chongqing Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Chongqing Machinery has a beta of 0.28 suggesting as returns on the market go up, Chongqing Machinery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chongqing Machinery Electric will be expected to be much smaller as well. Additionally Chongqing Machinery Electric has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Chongqing Machinery Price Density |
| Price |
Predictive Modules for Chongqing Machinery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chongqing Machinery. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chongqing Machinery's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Chongqing Machinery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chongqing Machinery is not an exception. The market had few large corrections towards the Chongqing Machinery'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 Chongqing Machinery Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chongqing Machinery within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.28 | |
β | Beta against NYSE Composite | 0.28 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.09 |
Chongqing Machinery 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 Chongqing Machinery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chongqing Machinery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chongqing Machinery generated a negative expected return over the last 90 days | |
| Chongqing Machinery has some characteristics of a very speculative penny stock | |
| Chongqing Machinery has high historical volatility and very poor performance | |
| Chongqing Machinery has high likelihood to experience some financial distress in the next 2 years |
Chongqing Machinery 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 Chongqing Stock often depends not only on the future outlook of the current and potential Chongqing Machinery'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. Chongqing Machinery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.7 B |
Chongqing Machinery Technical Analysis
Chongqing Machinery's future price can be derived by breaking down and analyzing its technical indicators over time. Chongqing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chongqing Machinery Electric. In general, you should focus on analyzing Chongqing Stock price patterns and their correlations with different microeconomic environments and drivers.
Chongqing Machinery Predictive Forecast Models
Chongqing Machinery's time-series forecasting models is one of many Chongqing Machinery'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 Chongqing Machinery'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 Chongqing Machinery
Checking the ongoing alerts about Chongqing Machinery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chongqing Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chongqing Machinery generated a negative expected return over the last 90 days | |
| Chongqing Machinery has some characteristics of a very speculative penny stock | |
| Chongqing Machinery has high historical volatility and very poor performance | |
| Chongqing Machinery has high likelihood to experience some financial distress in the next 2 years |
Check out Chongqing Machinery Backtesting, Chongqing Machinery Valuation, Chongqing Machinery Correlation, Chongqing Machinery Hype Analysis, Chongqing Machinery Volatility, Chongqing Machinery History as well as Chongqing Machinery Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Chongqing Stock analysis
When running Chongqing Machinery's price analysis, check to measure Chongqing Machinery'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 Chongqing Machinery is operating at the current time. Most of Chongqing Machinery's value examination focuses on studying past and present price action to predict the probability of Chongqing Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Machinery's price. Additionally, you may evaluate how the addition of Chongqing Machinery to your portfolios can decrease your overall portfolio volatility.
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