Zhejiang Expressway Co Stock Probability of Future Pink Sheet Price Finishing Under 0.92
| ZHEXF Stock | USD 0.66 0.03 4.76% |
Zhejiang |
Zhejiang Expressway Target Price Odds to finish below 0.92
The tendency of Zhejiang 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 stay under $ 0.92 after 90 days |
| 0.66 | 90 days | 0.92 | close to 99 |
Based on a normal probability distribution, the odds of Zhejiang Expressway to stay under $ 0.92 after 90 days from now is close to 99 (This Zhejiang Expressway Co probability density function shows the probability of Zhejiang Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Zhejiang Expressway price to stay between its current price of $ 0.66 and $ 0.92 at the end of the 90-day period is about 84.52 .
Assuming the 90 days horizon Zhejiang Expressway has a beta of 0.32. This usually means as returns on the market go up, Zhejiang Expressway average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Zhejiang Expressway Co will be expected to be much smaller as well. Additionally Zhejiang Expressway Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Zhejiang Expressway Price Density |
| Price |
Predictive Modules for Zhejiang Expressway
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhejiang Expressway. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zhejiang Expressway'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.
Zhejiang Expressway Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zhejiang Expressway is not an exception. The market had few large corrections towards the Zhejiang Expressway'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 Zhejiang Expressway Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zhejiang Expressway within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 0.32 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.03 |
Zhejiang Expressway 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 Zhejiang Expressway for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zhejiang Expressway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zhejiang Expressway generated a negative expected return over the last 90 days | |
| Zhejiang Expressway has some characteristics of a very speculative penny stock | |
| About 18.0% of the company outstanding shares are owned by insiders |
Zhejiang Expressway 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 Zhejiang Pink Sheet often depends not only on the future outlook of the current and potential Zhejiang Expressway'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. Zhejiang Expressway's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.3 B |
Zhejiang Expressway Technical Analysis
Zhejiang Expressway's future price can be derived by breaking down and analyzing its technical indicators over time. Zhejiang Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zhejiang Expressway Co. In general, you should focus on analyzing Zhejiang Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Zhejiang Expressway Predictive Forecast Models
Zhejiang Expressway's time-series forecasting models is one of many Zhejiang Expressway'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 Zhejiang Expressway'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 Zhejiang Expressway
Checking the ongoing alerts about Zhejiang Expressway for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zhejiang Expressway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zhejiang Expressway generated a negative expected return over the last 90 days | |
| Zhejiang Expressway has some characteristics of a very speculative penny stock | |
| About 18.0% of the company outstanding shares are owned by insiders |
Check out Zhejiang Expressway Backtesting, Zhejiang Expressway Valuation, Zhejiang Expressway Correlation, Zhejiang Expressway Hype Analysis, Zhejiang Expressway Volatility, Zhejiang Expressway History as well as Zhejiang Expressway Performance. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Zhejiang Pink Sheet analysis
When running Zhejiang Expressway's price analysis, check to measure Zhejiang Expressway'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 Zhejiang Expressway is operating at the current time. Most of Zhejiang Expressway's value examination focuses on studying past and present price action to predict the probability of Zhejiang Expressway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Expressway's price. Additionally, you may evaluate how the addition of Zhejiang Expressway to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |