Allis Electric (Taiwan) Probability of Future Stock Price Finishing Over 111.38
| 1514 Stock | TWD 114.00 0.50 0.44% |
Allis |
Allis Electric Target Price Odds to finish over 111.38
The tendency of Allis 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 above NT$ 111.38 in 90 days |
| 114.00 | 90 days | 111.38 | about 82.95 |
Based on a normal probability distribution, the odds of Allis Electric to stay above NT$ 111.38 in 90 days from now is about 82.95 (This Allis Electric Co probability density function shows the probability of Allis Stock to fall within a particular range of prices over 90 days) . Probability of Allis Electric price to stay between NT$ 111.38 and its current price of NT$114.0 at the end of the 90-day period is about 9.07 .
Assuming the 90 days trading horizon Allis Electric has a beta of 0.65. This suggests as returns on the market go up, Allis Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allis Electric Co will be expected to be much smaller as well. Additionally Allis Electric Co 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. Allis Electric Price Density |
| Price |
Predictive Modules for Allis Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allis Electric. 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.Allis Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allis Electric is not an exception. The market had few large corrections towards the Allis Electric'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 Allis Electric Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allis Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 8.38 | |
Ir | Information ratio | -0.15 |
Allis Electric 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 Allis Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allis Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Allis Electric generated a negative expected return over the last 90 days | |
| Allis Electric Co has accumulated about 564.24 M in cash with (815.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.38. | |
| Roughly 27.0% of the company shares are owned by insiders or employees |
Allis Electric 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 Allis Stock often depends not only on the future outlook of the current and potential Allis Electric'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. Allis Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 225.6 M |
Allis Electric Technical Analysis
Allis Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Allis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allis Electric Co. In general, you should focus on analyzing Allis Stock price patterns and their correlations with different microeconomic environments and drivers.
Allis Electric Predictive Forecast Models
Allis Electric's time-series forecasting models is one of many Allis Electric'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 Allis Electric'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 Allis Electric
Checking the ongoing alerts about Allis Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allis Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Allis Electric generated a negative expected return over the last 90 days | |
| Allis Electric Co has accumulated about 564.24 M in cash with (815.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.38. | |
| Roughly 27.0% of the company shares are owned by insiders or employees |
Additional Tools for Allis Stock Analysis
When running Allis Electric's price analysis, check to measure Allis Electric'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 Allis Electric is operating at the current time. Most of Allis Electric's value examination focuses on studying past and present price action to predict the probability of Allis Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allis Electric's price. Additionally, you may evaluate how the addition of Allis Electric to your portfolios can decrease your overall portfolio volatility.