BANK OF NINGBO (China) Probability of Future Stock Price Finishing Over 31.42

002142
  

CNY 31.42  0.09  0.29%   

BANK OF NINGBO's future price is the expected price of BANK OF NINGBO instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of BANK OF NINGBO performance during a given time horizon utilizing its historical volatility.
  
Please continue to BANK OF NINGBO Backtesting, BANK OF NINGBO Valuation, BANK OF NINGBO Correlation, BANK OF NINGBO Hype Analysis, BANK OF NINGBO Volatility, BANK OF NINGBO History as well as BANK OF NINGBO Performance. Please specify BANK OF NINGBO time horizon, a valid symbol (red box) and a target price (blue box) you would like BANK OF NINGBO odds to be computed.

BANK OF NINGBO Target Price Odds to finish over 31.42

The tendency of 002142 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 31.42 90 days 31.42 
about 53.15
Based on a normal probability distribution, the odds of BANK OF NINGBO to move above the current price in 90 days from now is about 53.15 (This BANK OF NINGBO probability density function shows the probability of 002142 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BANK OF NINGBO has a beta of -0.28. This suggests as returns on benchmark increase, returns on holding BANK OF NINGBO are expected to decrease at a much lower rate. During the bear market, however, BANK OF NINGBO is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. BANK OF NINGBO is significantly underperforming DOW.
   BANK OF NINGBO Price Density   
       Price  

Predictive Modules for BANK OF NINGBO

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BANK OF NINGBO. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of BANK OF NINGBO'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. Please use the tools below to analyze the current value of BANK OF NINGBO in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
29.1431.4233.70
Details
Intrinsic
Valuation
LowReal ValueHigh
24.2626.5434.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BANK OF NINGBO. Your research has to be compared to or analyzed against BANK OF NINGBO's peers to derive any actionable benefits. When done correctly, BANK OF NINGBO's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in BANK OF NINGBO.

BANK OF NINGBO Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. BANK OF NINGBO is not an exception. The market had few large corrections towards the BANK OF NINGBO'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 BANK OF NINGBO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BANK OF NINGBO within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.1
β
Beta against DOW-0.28
σ
Overall volatility
2.28
Ir
Information ratio -0.02

BANK OF NINGBO 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 BANK OF NINGBO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BANK OF NINGBO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BANK OF NINGBO generated a negative expected return over the last 90 days
BANK OF NINGBO has high likelihood to experience some financial distress in the next 2 years
About 55.0% of the company shares are owned by insiders or employees

BANK OF NINGBO 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 002142 Stock often depends not only on the future outlook of the current and potential BANK OF NINGBO'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. BANK OF NINGBO's indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate0.50
Float Shares3.03B
Average Daily Volume Last 10 Day42.26M
Average Daily Volume In Three Month33.8M
Trailing Annual Dividend Yield1.56%

BANK OF NINGBO Technical Analysis

BANK OF NINGBO's future price can be derived by breaking down and analyzing its technical indicators over time. 002142 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BANK OF NINGBO. In general, you should focus on analyzing 002142 Stock price patterns and their correlations with different microeconomic environments and drivers.

BANK OF NINGBO Predictive Forecast Models

BANK OF NINGBO time-series forecasting models is one of many BANK OF NINGBO's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary BANK OF NINGBO'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 BANK OF NINGBO

Checking the ongoing alerts about BANK OF NINGBO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BANK OF NINGBO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

BANK OF NINGBO Alerts

BANK OF NINGBO Alerts and Suggestions

BANK OF NINGBO generated a negative expected return over the last 90 days
BANK OF NINGBO has high likelihood to experience some financial distress in the next 2 years
About 55.0% of the company shares are owned by insiders or employees
Please continue to BANK OF NINGBO Backtesting, BANK OF NINGBO Valuation, BANK OF NINGBO Correlation, BANK OF NINGBO Hype Analysis, BANK OF NINGBO Volatility, BANK OF NINGBO History as well as BANK OF NINGBO Performance. Note that the BANK OF NINGBO information on this page should be used as a complementary analysis to other BANK OF NINGBO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for 002142 Stock

When running BANK OF NINGBO price analysis, check to measure BANK OF NINGBO'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 BANK OF NINGBO is operating at the current time. Most of BANK OF NINGBO's value examination focuses on studying past and present price action to predict the probability of BANK OF NINGBO's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BANK OF NINGBO's price. Additionally, you may evaluate how the addition of BANK OF NINGBO to your portfolios can decrease your overall portfolio volatility.
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