Shinkong Synthetic (Taiwan) Probability of Future Stock Price Finishing Under 14.75
| 1409 Stock | TWD 16.05 0.15 0.94% |
Shinkong |
Shinkong Synthetic Target Price Odds to finish below 14.75
The tendency of Shinkong 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$ 14.75 or more in 90 days |
| 16.05 | 90 days | 14.75 | near 1 |
Based on a normal probability distribution, the odds of Shinkong Synthetic to drop to NT$ 14.75 or more in 90 days from now is near 1 (This Shinkong Synthetic Fiber probability density function shows the probability of Shinkong Stock to fall within a particular range of prices over 90 days) . Probability of Shinkong Synthetic Fiber price to stay between NT$ 14.75 and its current price of NT$16.05 at the end of the 90-day period is about 82.45 .
Assuming the 90 days trading horizon Shinkong Synthetic has a beta of 0.18. This suggests as returns on the market go up, Shinkong Synthetic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shinkong Synthetic Fiber will be expected to be much smaller as well. Additionally Shinkong Synthetic Fiber 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. Shinkong Synthetic Price Density |
| Price |
Predictive Modules for Shinkong Synthetic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shinkong Synthetic Fiber. 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.Shinkong Synthetic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinkong Synthetic is not an exception. The market had few large corrections towards the Shinkong Synthetic'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 Shinkong Synthetic Fiber, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinkong Synthetic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.12 |
Shinkong Synthetic 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 Shinkong Synthetic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinkong Synthetic Fiber can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shinkong Synthetic generated a negative expected return over the last 90 days | |
| Shinkong Synthetic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Shinkong Synthetic Fiber has accumulated 15.79 B in total debt with debt to equity ratio (D/E) of 88.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shinkong Synthetic Fiber has a current ratio of 0.89, 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 Shinkong Synthetic until it has trouble settling it off, either with new capital or with free cash flow. So, Shinkong Synthetic'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 Shinkong Synthetic Fiber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinkong to invest in growth at high rates of return. When we think about Shinkong Synthetic's use of debt, we should always consider it together with cash and equity. | |
| Shinkong Synthetic Fiber has accumulated about 13.41 B in cash with (2.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.32. | |
| Roughly 30.0% of Shinkong Synthetic shares are owned by insiders or employees |
Shinkong Synthetic 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 Shinkong Stock often depends not only on the future outlook of the current and potential Shinkong Synthetic'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. Shinkong Synthetic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B |
Shinkong Synthetic Technical Analysis
Shinkong Synthetic's future price can be derived by breaking down and analyzing its technical indicators over time. Shinkong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinkong Synthetic Fiber. In general, you should focus on analyzing Shinkong Stock price patterns and their correlations with different microeconomic environments and drivers.
Shinkong Synthetic Predictive Forecast Models
Shinkong Synthetic's time-series forecasting models is one of many Shinkong Synthetic'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 Shinkong Synthetic'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 Shinkong Synthetic Fiber
Checking the ongoing alerts about Shinkong Synthetic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinkong Synthetic Fiber help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinkong Synthetic generated a negative expected return over the last 90 days | |
| Shinkong Synthetic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Shinkong Synthetic Fiber has accumulated 15.79 B in total debt with debt to equity ratio (D/E) of 88.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shinkong Synthetic Fiber has a current ratio of 0.89, 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 Shinkong Synthetic until it has trouble settling it off, either with new capital or with free cash flow. So, Shinkong Synthetic'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 Shinkong Synthetic Fiber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinkong to invest in growth at high rates of return. When we think about Shinkong Synthetic's use of debt, we should always consider it together with cash and equity. | |
| Shinkong Synthetic Fiber has accumulated about 13.41 B in cash with (2.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.32. | |
| Roughly 30.0% of Shinkong Synthetic shares are owned by insiders or employees |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Synthetic's price analysis, check to measure Shinkong Synthetic'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 Shinkong Synthetic is operating at the current time. Most of Shinkong Synthetic's value examination focuses on studying past and present price action to predict the probability of Shinkong Synthetic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Synthetic's price. Additionally, you may evaluate how the addition of Shinkong Synthetic to your portfolios can decrease your overall portfolio volatility.