Nan Ya (Taiwan) Chance of Future Stock Price Finishing Under 36.27
| 1303 Stock | TWD 40.10 0.25 0.62% |
Nan |
Nan Ya Target Price Odds to finish below 36.27
The tendency of Nan 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$ 36.27 or more in 90 days |
| 40.10 | 90 days | 36.27 | near 1 |
Based on a normal probability distribution, the odds of Nan Ya to drop to NT$ 36.27 or more in 90 days from now is near 1 (This Nan Ya Plastics probability density function shows the probability of Nan Stock to fall within a particular range of prices over 90 days) . Probability of Nan Ya Plastics price to stay between NT$ 36.27 and its current price of NT$40.1 at the end of the 90-day period is about 10.86 .
Assuming the 90 days trading horizon Nan Ya has a beta of 0.3. This suggests as returns on the market go up, Nan Ya average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nan Ya Plastics will be expected to be much smaller as well. Additionally Nan Ya Plastics 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. Nan Ya Price Density |
| Price |
Predictive Modules for Nan Ya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nan Ya Plastics. 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.Nan Ya Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nan Ya is not an exception. The market had few large corrections towards the Nan Ya'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 Nan Ya Plastics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nan Ya within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | -0.17 |
Nan Ya 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 Nan Ya for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nan Ya Plastics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nan Ya Plastics generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are owned by insiders or employees |
Nan Ya 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 Nan Stock often depends not only on the future outlook of the current and potential Nan Ya'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. Nan Ya's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.9 B |
Nan Ya Technical Analysis
Nan Ya's future price can be derived by breaking down and analyzing its technical indicators over time. Nan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nan Ya Plastics. In general, you should focus on analyzing Nan Stock price patterns and their correlations with different microeconomic environments and drivers.
Nan Ya Predictive Forecast Models
Nan Ya's time-series forecasting models is one of many Nan Ya'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 Nan Ya'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 Nan Ya Plastics
Checking the ongoing alerts about Nan Ya for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nan Ya Plastics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nan Ya Plastics generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are owned by insiders or employees |
Additional Tools for Nan Stock Analysis
When running Nan Ya's price analysis, check to measure Nan Ya'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 Nan Ya is operating at the current time. Most of Nan Ya's value examination focuses on studying past and present price action to predict the probability of Nan Ya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nan Ya's price. Additionally, you may evaluate how the addition of Nan Ya to your portfolios can decrease your overall portfolio volatility.