Zijin Mining (Germany) Probability of Future Stock Price Finishing Over 1.94
| FJZ Stock | EUR 1.94 0.04 2.11% |
Zijin |
Zijin Mining Target Price Odds to finish over 1.94
The tendency of Zijin 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 |
| 1.94 | 90 days | 1.94 | about 19.57 |
Based on a normal probability distribution, the odds of Zijin Mining to move above the current price in 90 days from now is about 19.57 (This Zijin Mining Group probability density function shows the probability of Zijin Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Zijin Mining Group has a beta of -0.0429. This usually indicates as returns on the benchmark increase, returns on holding Zijin Mining are expected to decrease at a much lower rate. During a bear market, however, Zijin Mining Group is likely to outperform the market. Additionally Zijin Mining Group has an alpha of 0.5507, implying that it can generate a 0.55 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Zijin Mining Price Density |
| Price |
Predictive Modules for Zijin Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zijin Mining Group. 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 Zijin Mining'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.
Zijin Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zijin Mining is not an exception. The market had few large corrections towards the Zijin Mining'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 Zijin Mining Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zijin Mining within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.55 | |
β | Beta against NYSE Composite | -0.04 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | 0.16 |
Zijin Mining 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 Zijin Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zijin Mining 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.| Zijin Mining Group may become a speculative penny stock | |
| Zijin Mining Group appears to be risky and price may revert if volatility continues | |
| Zijin Mining Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Zijin Mining Group has accumulated 49.42 B in total debt with debt to equity ratio (D/E) of 85.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zijin Mining Group has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Zijin Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Zijin Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zijin Mining Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zijin to invest in growth at high rates of return. When we think about Zijin Mining's use of debt, we should always consider it together with cash and equity. |
Zijin Mining 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 Zijin Stock often depends not only on the future outlook of the current and potential Zijin Mining'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. Zijin Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.3 B |
Zijin Mining Technical Analysis
Zijin Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Zijin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zijin Mining Group. In general, you should focus on analyzing Zijin Stock price patterns and their correlations with different microeconomic environments and drivers.
Zijin Mining Predictive Forecast Models
Zijin Mining's time-series forecasting models is one of many Zijin Mining'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 Zijin Mining'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 Zijin Mining Group
Checking the ongoing alerts about Zijin Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zijin Mining Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zijin Mining Group may become a speculative penny stock | |
| Zijin Mining Group appears to be risky and price may revert if volatility continues | |
| Zijin Mining Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Zijin Mining Group has accumulated 49.42 B in total debt with debt to equity ratio (D/E) of 85.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zijin Mining Group has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Zijin Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Zijin Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zijin Mining Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zijin to invest in growth at high rates of return. When we think about Zijin Mining's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Zijin Stock
Zijin Mining financial ratios help investors to determine whether Zijin 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 Zijin with respect to the benefits of owning Zijin Mining security.