China Resources (Germany) Probability of Target Price Finishing Over Current Price

CHK -- Germany Stock  

EUR 3.94  0.004  0.10%

China Resources probability of target price tool provides mechanism to make assumptions about upside and downside potential of China Resources Beer Company Limited performance during a given time horizon utilizing its historical volatility. Please specify China Resources time horizon, a valid symbol (red box) and a target price (blue box) you would like China Resources odds to be computed. Check also Trending Equities.
Horizon     30 Days    Login   to change
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China Resources Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 3.94 30 days 3.94  ROUGHLY 2.27%
Based on normal probability distribution, the odds of China Resources to move above current price in 30 days from now is roughly 2.27% (This China Resources Beer Company Limited probability density function shows the probability of China Resources Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, the stock has beta coefficient of 1.0833 . This suggests China Resources Beer Company Limited market returns are highly-sensitive to returns on the market. As the market goes up or down, China Resources is expected to follow. Additionally The company has an alpha of 0.5178 implying that it can potentially generate 0.5178% excess return over DOW after adjusting for the inherited market risk (beta).
 China Resources Price Density 
      Price 
α
Alpha over DOW
=0.52
β
Beta against DOW=1.08
σ
Overall volatility
=0.22
Ir
Information ratio =0.18

China Resources Alerts and Suggestions

China Resources Beer is not yet fully synchronised with the market data
The company has accumulated 469.53M in total debt with debt to equity ratio (D/E) of 3.7 implying the company greatly relies on financing operations through barrowing. China Resources Beer has Current Ratio of 0.45 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

China ResourcesPrice Density Drivers

Trailing Annual Dividend Rate0.02
Float Shares1.36B
Average Daily Volume Last 10 Day189
Average Daily Volume In Three Month207
Trailing Annual Dividend Yield0.61%
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