Sun Race (Taiwan) Odds of Future Stock Price Finishing Under 22.39
| 1526 Stock | TWD 24.20 0.05 0.21% |
Sun |
Sun Race Target Price Odds to finish below 22.39
The tendency of Sun 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$ 22.39 or more in 90 days |
| 24.20 | 90 days | 22.39 | near 1 |
Based on a normal probability distribution, the odds of Sun Race to drop to NT$ 22.39 or more in 90 days from now is near 1 (This Sun Race Sturmey Archer probability density function shows the probability of Sun Stock to fall within a particular range of prices over 90 days) . Probability of Sun Race Sturmey price to stay between NT$ 22.39 and its current price of NT$24.2 at the end of the 90-day period is roughly 2.2 .
Assuming the 90 days trading horizon Sun Race has a beta of 0.16. This suggests as returns on the market go up, Sun Race average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sun Race Sturmey Archer will be expected to be much smaller as well. Additionally Sun Race Sturmey Archer 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. Sun Race Price Density |
| Price |
Predictive Modules for Sun Race
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sun Race Sturmey. 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.Sun Race Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sun Race is not an exception. The market had few large corrections towards the Sun Race'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 Sun Race Sturmey Archer, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sun Race within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 1.68 | |
Ir | Information ratio | -0.27 |
Sun Race 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 Sun Race for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sun Race Sturmey can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sun Race Sturmey generated a negative expected return over the last 90 days | |
| Sun Race Sturmey Archer has accumulated about 280.75 M in cash with (117.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.68. | |
| Roughly 37.0% of the company shares are owned by insiders or employees |
Sun Race 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 Sun Stock often depends not only on the future outlook of the current and potential Sun Race'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. Sun Race's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60 M |
Sun Race Technical Analysis
Sun Race's future price can be derived by breaking down and analyzing its technical indicators over time. Sun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sun Race Sturmey Archer. In general, you should focus on analyzing Sun Stock price patterns and their correlations with different microeconomic environments and drivers.
Sun Race Predictive Forecast Models
Sun Race's time-series forecasting models is one of many Sun Race'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 Sun Race'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 Sun Race Sturmey
Checking the ongoing alerts about Sun Race for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sun Race Sturmey help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sun Race Sturmey generated a negative expected return over the last 90 days | |
| Sun Race Sturmey Archer has accumulated about 280.75 M in cash with (117.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.68. | |
| Roughly 37.0% of the company shares are owned by insiders or employees |
Additional Tools for Sun Stock Analysis
When running Sun Race's price analysis, check to measure Sun Race'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 Sun Race is operating at the current time. Most of Sun Race's value examination focuses on studying past and present price action to predict the probability of Sun Race's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Race's price. Additionally, you may evaluate how the addition of Sun Race to your portfolios can decrease your overall portfolio volatility.