Ten Ren (Taiwan) Odds of Future Stock Price Finishing Under 32.25
| 1233 Stock | TWD 31.80 0.10 0.31% |
Ten |
Ten Ren Target Price Odds to finish below 32.25
The tendency of Ten 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 stay under NT$ 32.25 after 90 days |
| 31.80 | 90 days | 32.25 | about 35.78 |
Based on a normal probability distribution, the odds of Ten Ren to stay under NT$ 32.25 after 90 days from now is about 35.78 (This Ten Ren Tea probability density function shows the probability of Ten Stock to fall within a particular range of prices over 90 days) . Probability of Ten Ren Tea price to stay between its current price of NT$ 31.80 and NT$ 32.25 at the end of the 90-day period is about 26.14 .
Assuming the 90 days trading horizon Ten Ren Tea has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Ten Ren are expected to decrease at a much lower rate. During a bear market, however, Ten Ren Tea is likely to outperform the market. Additionally Ten Ren Tea 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. Ten Ren Price Density |
| Price |
Predictive Modules for Ten Ren
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ten Ren Tea. 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.Ten Ren Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ten Ren is not an exception. The market had few large corrections towards the Ten Ren'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 Ten Ren Tea, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ten Ren within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.17 |
Ten Ren 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 Ten Ren for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ten Ren Tea can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ten Ren Tea generated a negative expected return over the last 90 days | |
| About 61.0% of the company shares are owned by insiders or employees |
Ten Ren 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 Ten Stock often depends not only on the future outlook of the current and potential Ten Ren'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. Ten Ren's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.5 M |
Ten Ren Technical Analysis
Ten Ren's future price can be derived by breaking down and analyzing its technical indicators over time. Ten Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ten Ren Tea. In general, you should focus on analyzing Ten Stock price patterns and their correlations with different microeconomic environments and drivers.
Ten Ren Predictive Forecast Models
Ten Ren's time-series forecasting models is one of many Ten Ren'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 Ten Ren'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 Ten Ren Tea
Checking the ongoing alerts about Ten Ren for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ten Ren Tea help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ten Ren Tea generated a negative expected return over the last 90 days | |
| About 61.0% of the company shares are owned by insiders or employees |
Additional Tools for Ten Stock Analysis
When running Ten Ren's price analysis, check to measure Ten Ren'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 Ten Ren is operating at the current time. Most of Ten Ren's value examination focuses on studying past and present price action to predict the probability of Ten Ren's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ten Ren's price. Additionally, you may evaluate how the addition of Ten Ren to your portfolios can decrease your overall portfolio volatility.