Far Eastern (Taiwan) Probability of Future Stock Price Finishing Under 36.55
| 1402 Stock | TWD 38.20 0.40 1.06% |
Far |
Far Eastern Target Price Odds to finish below 36.55
The tendency of Far 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$ 36.55 or more in 90 days |
| 38.20 | 90 days | 36.55 | about 36.13 |
Based on a normal probability distribution, the odds of Far Eastern to drop to NT$ 36.55 or more in 90 days from now is about 36.13 (This Far Eastern New probability density function shows the probability of Far Stock to fall within a particular range of prices over 90 days) . Probability of Far Eastern New price to stay between NT$ 36.55 and its current price of NT$38.2 at the end of the 90-day period is about 55.82 .
Assuming the 90 days trading horizon Far Eastern New has a beta of -0.0377. This suggests as returns on the benchmark increase, returns on holding Far Eastern are expected to decrease at a much lower rate. During a bear market, however, Far Eastern New is likely to outperform the market. Additionally Far Eastern New has an alpha of 0.0608, implying that it can generate a 0.0608 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Far Eastern Price Density |
| Price |
Predictive Modules for Far Eastern
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Far Eastern New. 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.Far Eastern Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Far Eastern is not an exception. The market had few large corrections towards the Far Eastern'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 Far Eastern New, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Far Eastern within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | -0.05 |
Far Eastern 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 Far Eastern for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Far Eastern New can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Far Eastern New has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Far Eastern New has accumulated 199.91 B in total debt with debt to equity ratio (D/E) of 87.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Far Eastern New has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Far Eastern until it has trouble settling it off, either with new capital or with free cash flow. So, Far Eastern's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Far Eastern New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Far to invest in growth at high rates of return. When we think about Far Eastern's use of debt, we should always consider it together with cash and equity. | |
| About 44.0% of Far Eastern shares are owned by insiders or employees |
Far Eastern 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 Far Stock often depends not only on the future outlook of the current and potential Far Eastern'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. Far Eastern's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.4 B |
Far Eastern Technical Analysis
Far Eastern's future price can be derived by breaking down and analyzing its technical indicators over time. Far Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Far Eastern New. In general, you should focus on analyzing Far Stock price patterns and their correlations with different microeconomic environments and drivers.
Far Eastern Predictive Forecast Models
Far Eastern's time-series forecasting models is one of many Far Eastern'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 Far Eastern'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 Far Eastern New
Checking the ongoing alerts about Far Eastern for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Far Eastern New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Far Eastern New has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Far Eastern New has accumulated 199.91 B in total debt with debt to equity ratio (D/E) of 87.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Far Eastern New has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Far Eastern until it has trouble settling it off, either with new capital or with free cash flow. So, Far Eastern's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Far Eastern New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Far to invest in growth at high rates of return. When we think about Far Eastern's use of debt, we should always consider it together with cash and equity. | |
| About 44.0% of Far Eastern shares are owned by insiders or employees |
Additional Tools for Far Stock Analysis
When running Far Eastern's price analysis, check to measure Far Eastern'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 Far Eastern is operating at the current time. Most of Far Eastern's value examination focuses on studying past and present price action to predict the probability of Far Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far Eastern's price. Additionally, you may evaluate how the addition of Far Eastern to your portfolios can decrease your overall portfolio volatility.