Chung Fu (Taiwan) Odds of Future Stock Price Finishing Under 39.10
| 1435 Stock | TWD 41.50 1.40 3.26% |
Chung |
Chung Fu Target Price Odds to finish below 39.10
The tendency of Chung 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$ 39.10 or more in 90 days |
| 41.50 | 90 days | 39.10 | near 1 |
Based on a normal probability distribution, the odds of Chung Fu to drop to NT$ 39.10 or more in 90 days from now is near 1 (This Chung Fu Tex International probability density function shows the probability of Chung Stock to fall within a particular range of prices over 90 days) . Probability of Chung Fu Tex price to stay between NT$ 39.10 and its current price of NT$41.5 at the end of the 90-day period is nearly 4.16 .
Assuming the 90 days trading horizon Chung Fu Tex International has a beta of -0.36. This suggests as returns on the benchmark increase, returns on holding Chung Fu are expected to decrease at a much lower rate. During a bear market, however, Chung Fu Tex International is likely to outperform the market. Additionally Chung Fu Tex International 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. Chung Fu Price Density |
| Price |
Predictive Modules for Chung Fu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chung Fu Tex. 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.Chung Fu Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chung Fu is not an exception. The market had few large corrections towards the Chung Fu'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 Chung Fu Tex International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chung Fu within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.09 |
Chung Fu 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 Chung Fu for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chung Fu Tex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chung Fu Tex generated a negative expected return over the last 90 days | |
| Chung Fu Tex International has accumulated about 365.07 M in cash with (33.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.91. | |
| Roughly 71.0% of the company shares are owned by insiders or employees |
Chung Fu 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 Chung Stock often depends not only on the future outlook of the current and potential Chung Fu'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. Chung Fu's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 139.8 M |
Chung Fu Technical Analysis
Chung Fu's future price can be derived by breaking down and analyzing its technical indicators over time. Chung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chung Fu Tex International. In general, you should focus on analyzing Chung Stock price patterns and their correlations with different microeconomic environments and drivers.
Chung Fu Predictive Forecast Models
Chung Fu's time-series forecasting models is one of many Chung Fu'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 Chung Fu'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 Chung Fu Tex
Checking the ongoing alerts about Chung Fu for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chung Fu Tex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chung Fu Tex generated a negative expected return over the last 90 days | |
| Chung Fu Tex International has accumulated about 365.07 M in cash with (33.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.91. | |
| Roughly 71.0% of the company shares are owned by insiders or employees |
Additional Tools for Chung Stock Analysis
When running Chung Fu's price analysis, check to measure Chung Fu'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 Chung Fu is operating at the current time. Most of Chung Fu's value examination focuses on studying past and present price action to predict the probability of Chung Fu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chung Fu's price. Additionally, you may evaluate how the addition of Chung Fu to your portfolios can decrease your overall portfolio volatility.