Jinkosolar Holding Stock Probability of Future Stock Price Finishing Over 26.77
| JKS Stock | USD 24.14 1.05 4.55% |
Closest to current price JinkoSolar long CALL Option Payoff at Expiration
JinkoSolar |
JinkoSolar Holding Target Price Odds to finish over 26.77
The tendency of JinkoSolar 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 over $ 26.77 or more in 90 days |
| 24.14 | 90 days | 26.77 | about 26.34 |
Based on a normal probability distribution, the odds of JinkoSolar Holding to move over $ 26.77 or more in 90 days from now is about 26.34 (This JinkoSolar Holding probability density function shows the probability of JinkoSolar Stock to fall within a particular range of prices over 90 days) . Probability of JinkoSolar Holding price to stay between its current price of $ 24.14 and $ 26.77 at the end of the 90-day period is about 47.47 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.63 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, JinkoSolar Holding will likely underperform. Additionally JinkoSolar Holding has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. JinkoSolar Holding Price Density |
| Price |
Predictive Modules for JinkoSolar Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JinkoSolar Holding. 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 JinkoSolar Holding'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.
JinkoSolar Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JinkoSolar Holding is not an exception. The market had few large corrections towards the JinkoSolar Holding'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 JinkoSolar Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JinkoSolar Holding within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.5 | |
β | Beta against NYSE Composite | 2.63 | |
σ | Overall volatility | 2.07 | |
Ir | Information ratio | -0.1 |
JinkoSolar Holding 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 JinkoSolar Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JinkoSolar Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JinkoSolar Holding generated a negative expected return over the last 90 days | |
| JinkoSolar Holding has high historical volatility and very poor performance | |
| JinkoSolar Holding is unlikely to experience financial distress in the next 2 years | |
| JinkoSolar Holding has about 10.37 B in cash with (5.8 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 287.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from kalkinemedia.com: JinkoSolar Once Again Tops PV Techs 2024 Q1 ModuleTech Bankability Report with AAA Rating |
JinkoSolar Holding 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 JinkoSolar Stock often depends not only on the future outlook of the current and potential JinkoSolar Holding'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. JinkoSolar Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.5 M | |
| Cash And Short Term Investments | 16.6 B |
JinkoSolar Holding Technical Analysis
JinkoSolar Holding's future price can be derived by breaking down and analyzing its technical indicators over time. JinkoSolar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JinkoSolar Holding. In general, you should focus on analyzing JinkoSolar Stock price patterns and their correlations with different microeconomic environments and drivers.
JinkoSolar Holding Predictive Forecast Models
JinkoSolar Holding's time-series forecasting models is one of many JinkoSolar Holding'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 JinkoSolar Holding'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 JinkoSolar Holding
Checking the ongoing alerts about JinkoSolar Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JinkoSolar Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JinkoSolar Holding generated a negative expected return over the last 90 days | |
| JinkoSolar Holding has high historical volatility and very poor performance | |
| JinkoSolar Holding is unlikely to experience financial distress in the next 2 years | |
| JinkoSolar Holding has about 10.37 B in cash with (5.8 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 287.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from kalkinemedia.com: JinkoSolar Once Again Tops PV Techs 2024 Q1 ModuleTech Bankability Report with AAA Rating |
Check out JinkoSolar Holding Backtesting, JinkoSolar Holding Valuation, JinkoSolar Holding Correlation, JinkoSolar Holding Hype Analysis, JinkoSolar Holding Volatility, JinkoSolar Holding History as well as JinkoSolar Holding Performance. For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for JinkoSolar Stock analysis
When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding'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 JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.
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Is JinkoSolar Holding's industry 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 JinkoSolar Holding. If investors know JinkoSolar 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 JinkoSolar Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 10.636 | Earnings Share 10.03 | Revenue Per Share 2.3 K | Quarterly Revenue Growth 0.094 |
The market value of JinkoSolar Holding is measured differently than its book value, which is the value of JinkoSolar that is recorded on the company's balance sheet. Investors also form their own opinion of JinkoSolar Holding's value that differs from its market value or its book value, called intrinsic value, which is JinkoSolar Holding'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 JinkoSolar Holding's market value can be influenced by many factors that don't directly affect JinkoSolar Holding'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 JinkoSolar Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if JinkoSolar Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JinkoSolar Holding'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.