Trk Corp (Taiwan) Odds of Future Stock Price Finishing Under 18.01
| 1432 Stock | TWD 19.45 0.10 0.51% |
Trk |
Trk Corp Target Price Odds to finish below 18.01
The tendency of Trk 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$ 18.01 or more in 90 days |
| 19.45 | 90 days | 18.01 | about 13.2 |
Based on a normal probability distribution, the odds of Trk Corp to drop to NT$ 18.01 or more in 90 days from now is about 13.2 (This Trk Corp probability density function shows the probability of Trk Stock to fall within a particular range of prices over 90 days) . Probability of Trk Corp price to stay between NT$ 18.01 and its current price of NT$19.45 at the end of the 90-day period is about 67.23 .
Assuming the 90 days trading horizon Trk Corp has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding Trk Corp are expected to decrease at a much lower rate. During a bear market, however, Trk Corp is likely to outperform the market. Additionally Trk Corp has an alpha of 0.1853, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Trk Corp Price Density |
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Predictive Modules for Trk Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trk Corp. 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.Trk Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trk Corp is not an exception. The market had few large corrections towards the Trk Corp'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 Trk Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trk Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.02 |
Trk Corp 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 Trk Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trk Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trk Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Trk Corp has accumulated 224.72 M in total debt with debt to equity ratio (D/E) of 223.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Trk Corp has a current ratio of 0.82, 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 Trk Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Trk Corp'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 Trk Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trk to invest in growth at high rates of return. When we think about Trk Corp's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 778.05 M. Net Loss for the year was (151.27 M) with profit before overhead, payroll, taxes, and interest of 254.87 M. | |
| About 41.0% of Trk Corp shares are owned by insiders or employees |
Trk Corp 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 Trk Stock often depends not only on the future outlook of the current and potential Trk Corp'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. Trk Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.2 M |
Trk Corp Technical Analysis
Trk Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Trk Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trk Corp. In general, you should focus on analyzing Trk Stock price patterns and their correlations with different microeconomic environments and drivers.
Trk Corp Predictive Forecast Models
Trk Corp's time-series forecasting models is one of many Trk Corp'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 Trk Corp'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 Trk Corp
Checking the ongoing alerts about Trk Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trk Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trk Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Trk Corp has accumulated 224.72 M in total debt with debt to equity ratio (D/E) of 223.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Trk Corp has a current ratio of 0.82, 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 Trk Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Trk Corp'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 Trk Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trk to invest in growth at high rates of return. When we think about Trk Corp's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 778.05 M. Net Loss for the year was (151.27 M) with profit before overhead, payroll, taxes, and interest of 254.87 M. | |
| About 41.0% of Trk Corp shares are owned by insiders or employees |
Additional Tools for Trk Stock Analysis
When running Trk Corp's price analysis, check to measure Trk Corp'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 Trk Corp is operating at the current time. Most of Trk Corp's value examination focuses on studying past and present price action to predict the probability of Trk Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trk Corp's price. Additionally, you may evaluate how the addition of Trk Corp to your portfolios can decrease your overall portfolio volatility.