AGRICULTURAL BANK Probability of Target Price Finishing Above 7.16

ACGBY -- USA Stock  

USD 10.03  0.03  0.30%

AGRICULTURAL BANK probability of target price tool provides mechanism to make assumptions about upside and downside potential of AGRICULTURAL BANK OF CHINA performance during a given time horizon utilizing its historical volatility. Please specify AGRICULTURAL BANK time horizon, a valid symbol (red box) and a target price (blue box) you would like AGRICULTURAL BANK odds to be computed. Check also AGRICULTURAL BANK Backtesting, AGRICULTURAL BANK Valuation, AGRICULTURAL BANK Correlation, AGRICULTURAL BANK Hype Analysis, AGRICULTURAL BANK Volatility, AGRICULTURAL BANK History as well as AGRICULTURAL BANK Performance.
Horizon     30 Days    Login   to change
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AGRICULTURAL BANK Target Price Odds to finish below 7.16

Current PriceHorizonTarget PriceOdds to drop to $ 7.16  or more in 30 days
 10.03 30 days 7.16 
near 1
Based on normal probability distribution, the odds of AGRICULTURAL BANK to drop to $ 7.16  or more in 30 days from now is near 1 (This AGRICULTURAL BANK OF CHINA probability density function shows the probability of AGRICULTURAL BANK OTC Stock to fall within a particular range of prices over 30 days) . Probability of AGRICULTURAL BANK price to stay between $ 7.16  and its current price of $10.03 at the end of the 30-day period is about 77.59 .
Assuming 30 trading days horizon, AGRICULTURAL BANK has beta of 0.0703 . This suggests as returns on market go up, AGRICULTURAL BANK average returns are expected to increase less than the benchmark. However during bear market, the loss on holding AGRICULTURAL BANK OF CHINA will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. AGRICULTURAL BANK is significantly underperforming DOW.
Alpha over DOW
Beta against DOW=0.07
Overall volatility
Information ratio =0.02

AGRICULTURAL BANK Alerts and Suggestions

AGRICULTURAL BANK generates negative expected return over the last 30 days
AGRICULTURAL BANK has high likelihood to experience some financial distress in the next 2 years
AGRICULTURAL BK C has accumulated about 340.3 B in cash with (153.96 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.31 which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from US Stocks Close Higher on Earnings - DTN The Progressive Farmer

AGRICULTURAL BANKPrice Density Drivers

Trailing Annual Dividend Rate0.03
Float Shares2.81B
Average Daily Volume Last 10 Day26.47k
Average Daily Volume In Three Month34.3k
Trailing Annual Dividend Yield0.27%