Zoomlion Stock Odds of Future Pink Sheet Price Finishing Over 3.69
| ZLIOY Stock | USD 7.60 0.11 1.43% |
ZoomLion |
ZoomLion Target Price Odds to finish over 3.69
The tendency of ZoomLion 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 above $ 3.69 in 90 days |
| 7.60 | 90 days | 3.69 | close to 99 |
Based on a normal probability distribution, the odds of ZoomLion to stay above $ 3.69 in 90 days from now is close to 99 (This ZoomLion probability density function shows the probability of ZoomLion Pink Sheet to fall within a particular range of prices over 90 days) . Probability of ZoomLion price to stay between $ 3.69 and its current price of $7.6 at the end of the 90-day period is about 97.0 .
Assuming the 90 days horizon ZoomLion has a beta of -1.32. This usually means as returns on its benchmark rise, returns on holding ZoomLion are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ZoomLion is expected to outperform its benchmark. Additionally ZoomLion has an alpha of 0.7648, implying that it can generate a 0.76 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ZoomLion Price Density |
| Price |
Predictive Modules for ZoomLion
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZoomLion. 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 ZoomLion'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.
ZoomLion Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZoomLion is not an exception. The market had few large corrections towards the ZoomLion'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 ZoomLion, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZoomLion within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.76 | |
β | Beta against NYSE Composite | -1.32 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.18 |
ZoomLion 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 ZoomLion for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZoomLion can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ZoomLion appears to be risky and price may revert if volatility continues |
ZoomLion 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 ZoomLion Pink Sheet often depends not only on the future outlook of the current and potential ZoomLion'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. ZoomLion's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 B |
ZoomLion Technical Analysis
ZoomLion's future price can be derived by breaking down and analyzing its technical indicators over time. ZoomLion Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZoomLion. In general, you should focus on analyzing ZoomLion Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
ZoomLion Predictive Forecast Models
ZoomLion's time-series forecasting models is one of many ZoomLion'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 ZoomLion'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 ZoomLion
Checking the ongoing alerts about ZoomLion for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZoomLion help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ZoomLion appears to be risky and price may revert if volatility continues |
Check out ZoomLion Backtesting, ZoomLion Valuation, ZoomLion Correlation, ZoomLion Hype Analysis, ZoomLion Volatility, ZoomLion History as well as ZoomLion Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for ZoomLion Pink Sheet analysis
When running ZoomLion's price analysis, check to measure ZoomLion'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 ZoomLion is operating at the current time. Most of ZoomLion's value examination focuses on studying past and present price action to predict the probability of ZoomLion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZoomLion's price. Additionally, you may evaluate how the addition of ZoomLion to your portfolios can decrease your overall portfolio volatility.
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