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

CHK -- Germany Stock  

EUR 3.15  0.08  2.48%

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 China Resources Backtesting, China Resources Valuation, China Resources Correlation, China Resources Hype Analysis, China Resources Volatility, China Resources History as well as China Resources Performance.
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
 3.15 30 days 3.15  ABOUT 27.97%
Based on normal probability distribution, the odds of China Resources to move above current price in 30 days from now is about 27.97% (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, China Resources Beer Company Limited has beta of -0.1066 . This suggests as returns on benchmark increase, returns on holding China Resources are expected to decrease at a much smaller rate. During bear market, however, China Resources Beer Company Limited is likely to outperform the market. Additionally China Resources Beer Company Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 China Resources Price Density 
      Price 
α
Alpha over DOW
=0.08
β
Beta against DOW=0.11
σ
Overall volatility
=0.10
Ir
Information ratio =0.032635

China Resources Alerts

China Resources Alerts and Suggestions

China Resources Beer has very high historical volatility over the last 30 days
The company has accumulated 469.53M in total debt with debt to equity ratio (D/E) of 15.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. China Resources Beer Company Limited has Current Ratio of 0.57 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Price Density Drivers

China Resources Health Indicators

Trailing Annual Dividend Rate0.02
Float Shares1.36B
Average Daily Volume Last 10 Day188
Average Daily Volume In Three Month110
Trailing Annual Dividend Yield0.76%
Check also China Resources Backtesting, China Resources Valuation, China Resources Correlation, China Resources Hype Analysis, China Resources Volatility, China Resources History as well as China Resources Performance. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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