CanSino OTC Pink Sheet Probability of Future OTC Pink Sheet Price Finishing Over 11.40

CASBF
 Stock
  

USD 11.40  1.86  14.03%   

CanSino Biologics' future price is the expected price of CanSino Biologics 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 CanSino Biologics performance during a given time horizon utilizing its historical volatility.
  
Continue to CanSino Biologics Backtesting, CanSino Biologics Valuation, CanSino Biologics Correlation, CanSino Biologics Hype Analysis, CanSino Biologics Volatility, CanSino Biologics History as well as CanSino Biologics Performance. Please specify CanSino Biologics time horizon, a valid symbol (red box) and a target price (blue box) you would like CanSino Biologics odds to be computed.

CanSino Biologics Target Price Odds to finish over 11.40

The tendency of CanSino OTC Pink Sheet 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
 11.40 90 days 11.40 
about 24.88
Based on a normal probability distribution, the odds of CanSino Biologics to move above the current price in 90 days from now is about 24.88 (This CanSino Biologics probability density function shows the probability of CanSino OTC Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon CanSino Biologics has a beta of -0.37 suggesting as returns on benchmark increase, returns on holding CanSino Biologics are expected to decrease at a much lower rate. During the bear market, however, CanSino Biologics is likely to outperform the market. Moreover The company has an alpha of 1.3009, implying that it can generate a 1.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   CanSino Biologics Price Density   
       Price  

Predictive Modules for CanSino Biologics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CanSino Biologics. 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 CanSino Biologics' 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 CanSino Biologics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.9913.2620.53
Details
Intrinsic
Valuation
LowReal ValueHigh
2.619.8817.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CanSino Biologics. Your research has to be compared to or analyzed against CanSino Biologics' peers to derive any actionable benefits. When done correctly, CanSino Biologics' 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 CanSino Biologics.

CanSino Biologics Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. CanSino Biologics is not an exception. The market had few large corrections towards the CanSino Biologics' 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 CanSino Biologics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CanSino Biologics within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
1.30
β
Beta against NYSE Composite-0.37
σ
Overall volatility
3.73
Ir
Information ratio 0.17

CanSino Biologics 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 CanSino Biologics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CanSino Biologics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
CanSino Biologics is way too risky over 90 days horizon
CanSino Biologics appears to be risky and price may revert if volatility continues
About 27.0% of the company shares are held by company insiders

CanSino Biologics 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 CanSino OTC Pink Sheet often depends not only on the future outlook of the current and potential CanSino Biologics' 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. CanSino Biologics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding247449899.00

CanSino Biologics Technical Analysis

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

CanSino Biologics Predictive Forecast Models

CanSino Biologics time-series forecasting models is one of many CanSino Biologics' otc pink sheet 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 CanSino Biologics' 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 otc pink sheet market movement and maximize returns from investment trading.

Things to note about CanSino Biologics

Checking the ongoing alerts about CanSino Biologics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CanSino Biologics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CanSino Biologics is way too risky over 90 days horizon
CanSino Biologics appears to be risky and price may revert if volatility continues
About 27.0% of the company shares are held by company insiders
Continue to CanSino Biologics Backtesting, CanSino Biologics Valuation, CanSino Biologics Correlation, CanSino Biologics Hype Analysis, CanSino Biologics Volatility, CanSino Biologics History as well as CanSino Biologics Performance. Note that the CanSino Biologics information on this page should be used as a complementary analysis to other CanSino Biologics' 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for CanSino OTC Pink Sheet analysis

When running CanSino Biologics price analysis, check to measure CanSino Biologics' 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 CanSino Biologics is operating at the current time. Most of CanSino Biologics' value examination focuses on studying past and present price action to predict the probability of CanSino Biologics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CanSino Biologics' price. Additionally, you may evaluate how the addition of CanSino Biologics to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CanSino Biologics' value and its price as these two are different measures arrived at by different means. Investors typically determine CanSino Biologics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CanSino Biologics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.