Hi Lai (Taiwan) Chance of Future Stock Price Finishing Under 158.23
| 1268 Stock | TWD 150.50 0.50 0.33% |
1268 |
Hi Lai Target Price Odds to finish below 158.23
The tendency of 1268 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$ 158.23 after 90 days |
| 150.50 | 90 days | 158.23 | close to 99 |
Based on a normal probability distribution, the odds of Hi Lai to stay under NT$ 158.23 after 90 days from now is close to 99 (This Hi Lai Foods Co probability density function shows the probability of 1268 Stock to fall within a particular range of prices over 90 days) . Probability of Hi Lai Foods price to stay between its current price of NT$ 150.50 and NT$ 158.23 at the end of the 90-day period is about 75.04 .
Assuming the 90 days trading horizon Hi Lai Foods Co has a beta of -0.0356. This suggests as returns on the benchmark increase, returns on holding Hi Lai are expected to decrease at a much lower rate. During a bear market, however, Hi Lai Foods Co is likely to outperform the market. Additionally Hi Lai Foods Co 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. Hi Lai Price Density |
| Price |
Predictive Modules for Hi Lai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hi Lai Foods. 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.Hi Lai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hi Lai is not an exception. The market had few large corrections towards the Hi Lai'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 Hi Lai Foods Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hi Lai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0031 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 1.92 | |
Ir | Information ratio | -0.16 |
Hi Lai 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 Hi Lai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hi Lai Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hi Lai Foods generated a negative expected return over the last 90 days | |
| About 74.0% of the company shares are owned by insiders or employees |
Hi Lai 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 1268 Stock often depends not only on the future outlook of the current and potential Hi Lai'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. Hi Lai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.2 M |
Hi Lai Technical Analysis
Hi Lai's future price can be derived by breaking down and analyzing its technical indicators over time. 1268 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hi Lai Foods Co. In general, you should focus on analyzing 1268 Stock price patterns and their correlations with different microeconomic environments and drivers.
Hi Lai Predictive Forecast Models
Hi Lai's time-series forecasting models is one of many Hi Lai'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 Hi Lai'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 Hi Lai Foods
Checking the ongoing alerts about Hi Lai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hi Lai Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hi Lai Foods generated a negative expected return over the last 90 days | |
| About 74.0% of the company shares are owned by insiders or employees |
Additional Tools for 1268 Stock Analysis
When running Hi Lai's price analysis, check to measure Hi Lai'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 Hi Lai is operating at the current time. Most of Hi Lai's value examination focuses on studying past and present price action to predict the probability of Hi Lai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Lai's price. Additionally, you may evaluate how the addition of Hi Lai to your portfolios can decrease your overall portfolio volatility.