Chia Hsin (Taiwan) Probability of Future Stock Price Finishing Under 17.81
| 1103 Stock | TWD 18.05 0.10 0.55% |
Chia |
Chia Hsin Target Price Odds to finish below 17.81
The tendency of Chia 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 Price | Horizon | Target Price | Odds to drop to NT$ 17.81 or more in 90 days |
| 18.05 | 90 days | 17.81 | about 46.36 |
Based on a normal probability distribution, the odds of Chia Hsin to drop to NT$ 17.81 or more in 90 days from now is about 46.36 (This Chia Hsin Cement probability density function shows the probability of Chia Stock to fall within a particular range of prices over 90 days) . Probability of Chia Hsin Cement price to stay between NT$ 17.81 and its current price of NT$18.05 at the end of the 90-day period is about 32.19 .
Assuming the 90 days trading horizon Chia Hsin has a beta of 0.32. This suggests as returns on the market go up, Chia Hsin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chia Hsin Cement will be expected to be much smaller as well. Additionally Chia Hsin Cement has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Chia Hsin Price Density |
| Price |
Predictive Modules for Chia Hsin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chia Hsin Cement. Regardless of method or technology, however, to accurately forecast the stock 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.Chia Hsin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chia Hsin is not an exception. The market had few large corrections towards the Chia Hsin'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 Chia Hsin Cement, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chia Hsin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.1 |
Chia Hsin 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 Chia Hsin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chia Hsin Cement can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chia Hsin Cement generated a negative expected return over the last 90 days | |
| Chia Hsin Cement has accumulated about 9.09 B in cash with (194.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.11. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Chia Hsin 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 Chia Stock often depends not only on the future outlook of the current and potential Chia Hsin'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. Chia Hsin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 646 M |
Chia Hsin Technical Analysis
Chia Hsin's future price can be derived by breaking down and analyzing its technical indicators over time. Chia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chia Hsin Cement. In general, you should focus on analyzing Chia Stock price patterns and their correlations with different microeconomic environments and drivers.
Chia Hsin Predictive Forecast Models
Chia Hsin's time-series forecasting models is one of many Chia Hsin's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Chia Hsin'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 Chia Hsin Cement
Checking the ongoing alerts about Chia Hsin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chia Hsin Cement help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chia Hsin Cement generated a negative expected return over the last 90 days | |
| Chia Hsin Cement has accumulated about 9.09 B in cash with (194.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.11. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Additional Tools for Chia Stock Analysis
When running Chia Hsin's price analysis, check to measure Chia Hsin'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 Chia Hsin is operating at the current time. Most of Chia Hsin's value examination focuses on studying past and present price action to predict the probability of Chia Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chia Hsin's price. Additionally, you may evaluate how the addition of Chia Hsin to your portfolios can decrease your overall portfolio volatility.