Chang Type (Taiwan) Probability of Future Stock Price Finishing Under 25.97
| 1541 Stock | TWD 27.70 0.20 0.73% |
Chang |
Chang Type Target Price Odds to finish below 25.97
The tendency of Chang 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$ 25.97 or more in 90 days |
| 27.70 | 90 days | 25.97 | under 4 |
Based on a normal probability distribution, the odds of Chang Type to drop to NT$ 25.97 or more in 90 days from now is under 4 (This Chang Type Industrial probability density function shows the probability of Chang Stock to fall within a particular range of prices over 90 days) . Probability of Chang Type Industrial price to stay between NT$ 25.97 and its current price of NT$27.7 at the end of the 90-day period is about 10.19 .
Assuming the 90 days trading horizon Chang Type has a beta of 0.17. This suggests as returns on the market go up, Chang Type average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chang Type Industrial will be expected to be much smaller as well. Additionally Chang Type Industrial 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. Chang Type Price Density |
| Price |
Predictive Modules for Chang Type
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chang Type Industrial. 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.Chang Type Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chang Type is not an exception. The market had few large corrections towards the Chang Type'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 Chang Type Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chang Type within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 2.50 | |
Ir | Information ratio | -0.23 |
Chang Type 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 Chang Type for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chang Type Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chang Type generated a negative expected return over the last 90 days | |
| Chang Type has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chang Type Industrial has accumulated about 151.23 M in cash with (635.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92. | |
| Roughly 82.0% of the company shares are owned by insiders or employees |
Chang Type 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 Chang Stock often depends not only on the future outlook of the current and potential Chang Type'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. Chang Type's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 78.8 M |
Chang Type Technical Analysis
Chang Type's future price can be derived by breaking down and analyzing its technical indicators over time. Chang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chang Type Industrial. In general, you should focus on analyzing Chang Stock price patterns and their correlations with different microeconomic environments and drivers.
Chang Type Predictive Forecast Models
Chang Type's time-series forecasting models is one of many Chang Type'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 Chang Type'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 Chang Type Industrial
Checking the ongoing alerts about Chang Type for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chang Type Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chang Type generated a negative expected return over the last 90 days | |
| Chang Type has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chang Type Industrial has accumulated about 151.23 M in cash with (635.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92. | |
| Roughly 82.0% of the company shares are owned by insiders or employees |
Additional Tools for Chang Stock Analysis
When running Chang Type's price analysis, check to measure Chang Type'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 Chang Type is operating at the current time. Most of Chang Type's value examination focuses on studying past and present price action to predict the probability of Chang Type's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Type's price. Additionally, you may evaluate how the addition of Chang Type to your portfolios can decrease your overall portfolio volatility.