|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 2.94 ||30 days|| 2.94 || ABOUT 99.0%|
Based on normal probability distribution, the odds of China Resources to move above current price in 30 days from now is about 99.0% (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 -0.0676 . 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
| || |
|Current Price || ||Target Price || |