Yeong Guan (Taiwan) Probability of Future Stock Price Finishing Under 38.77
| 1589 Stock | TWD 39.85 0.65 1.60% |
Yeong |
Yeong Guan Target Price Odds to finish below 38.77
The tendency of Yeong 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$ 38.77 or more in 90 days |
| 39.85 | 90 days | 38.77 | about 9.81 |
Based on a normal probability distribution, the odds of Yeong Guan to drop to NT$ 38.77 or more in 90 days from now is about 9.81 (This Yeong Guan Energy probability density function shows the probability of Yeong Stock to fall within a particular range of prices over 90 days) . Probability of Yeong Guan Energy price to stay between NT$ 38.77 and its current price of NT$39.85 at the end of the 90-day period is about 12.38 .
Assuming the 90 days trading horizon Yeong Guan has a beta of 0.57. This suggests as returns on the market go up, Yeong Guan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Yeong Guan Energy will be expected to be much smaller as well. Additionally Yeong Guan Energy 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. Yeong Guan Price Density |
| Price |
Predictive Modules for Yeong Guan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yeong Guan Energy. 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.Yeong Guan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yeong Guan is not an exception. The market had few large corrections towards the Yeong Guan'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 Yeong Guan Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yeong Guan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 2.06 | |
Ir | Information ratio | -0.08 |
Yeong Guan 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 Yeong Guan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yeong Guan Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yeong Guan Energy generated a negative expected return over the last 90 days | |
| About 25.0% of the company shares are owned by insiders or employees |
Yeong Guan 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 Yeong Stock often depends not only on the future outlook of the current and potential Yeong Guan'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. Yeong Guan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110.6 M |
Yeong Guan Technical Analysis
Yeong Guan's future price can be derived by breaking down and analyzing its technical indicators over time. Yeong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yeong Guan Energy. In general, you should focus on analyzing Yeong Stock price patterns and their correlations with different microeconomic environments and drivers.
Yeong Guan Predictive Forecast Models
Yeong Guan's time-series forecasting models is one of many Yeong Guan'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 Yeong Guan'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 Yeong Guan Energy
Checking the ongoing alerts about Yeong Guan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yeong Guan Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yeong Guan Energy generated a negative expected return over the last 90 days | |
| About 25.0% of the company shares are owned by insiders or employees |
Additional Tools for Yeong Stock Analysis
When running Yeong Guan's price analysis, check to measure Yeong Guan'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 Yeong Guan is operating at the current time. Most of Yeong Guan's value examination focuses on studying past and present price action to predict the probability of Yeong Guan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yeong Guan's price. Additionally, you may evaluate how the addition of Yeong Guan to your portfolios can decrease your overall portfolio volatility.