Kwong Fong (Taiwan) Probability of Future Stock Price Finishing Under 13.12
| 1416 Stock | TWD 12.90 0.10 0.78% |
Kwong |
Kwong Fong Target Price Odds to finish below 13.12
The tendency of Kwong 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$ 13.12 after 90 days |
| 12.90 | 90 days | 13.12 | about 54.19 |
Based on a normal probability distribution, the odds of Kwong Fong to stay under NT$ 13.12 after 90 days from now is about 54.19 (This Kwong Fong Industries probability density function shows the probability of Kwong Stock to fall within a particular range of prices over 90 days) . Probability of Kwong Fong Industries price to stay between its current price of NT$ 12.90 and NT$ 13.12 at the end of the 90-day period is about 19.56 .
Assuming the 90 days trading horizon Kwong Fong Industries has a beta of -0.29. This suggests as returns on the benchmark increase, returns on holding Kwong Fong are expected to decrease at a much lower rate. During a bear market, however, Kwong Fong Industries is likely to outperform the market. Additionally Kwong Fong Industries has an alpha of 0.0106, implying that it can generate a 0.0106 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kwong Fong Price Density |
| Price |
Predictive Modules for Kwong Fong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kwong Fong Industries. 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.Kwong Fong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kwong Fong is not an exception. The market had few large corrections towards the Kwong Fong'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 Kwong Fong Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kwong Fong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.08 |
Kwong Fong 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 Kwong Fong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kwong Fong Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has NT$71.58 Million in debt which may indicate that it relies heavily on debt financing | |
| About 40.0% of the company shares are owned by insiders or employees |
Kwong Fong 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 Kwong Stock often depends not only on the future outlook of the current and potential Kwong Fong'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. Kwong Fong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 185.3 M |
Kwong Fong Technical Analysis
Kwong Fong's future price can be derived by breaking down and analyzing its technical indicators over time. Kwong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kwong Fong Industries. In general, you should focus on analyzing Kwong Stock price patterns and their correlations with different microeconomic environments and drivers.
Kwong Fong Predictive Forecast Models
Kwong Fong's time-series forecasting models is one of many Kwong Fong'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 Kwong Fong'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 Kwong Fong Industries
Checking the ongoing alerts about Kwong Fong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kwong Fong Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has NT$71.58 Million in debt which may indicate that it relies heavily on debt financing | |
| About 40.0% of the company shares are owned by insiders or employees |
Additional Tools for Kwong Stock Analysis
When running Kwong Fong's price analysis, check to measure Kwong Fong'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 Kwong Fong is operating at the current time. Most of Kwong Fong's value examination focuses on studying past and present price action to predict the probability of Kwong Fong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwong Fong's price. Additionally, you may evaluate how the addition of Kwong Fong to your portfolios can decrease your overall portfolio volatility.