First Copper (Taiwan) Probability of Future Stock Price Finishing Over 40.15
| 2009 Stock | TWD 39.55 0.15 0.38% |
First |
First Copper Target Price Odds to finish over 40.15
The tendency of First 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 move over NT$ 40.15 or more in 90 days |
| 39.55 | 90 days | 40.15 | about 77.55 |
Based on a normal probability distribution, the odds of First Copper to move over NT$ 40.15 or more in 90 days from now is about 77.55 (This First Copper Technology probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First Copper Technology price to stay between its current price of NT$ 39.55 and NT$ 40.15 at the end of the 90-day period is about 7.47 .
Assuming the 90 days trading horizon First Copper has a beta of 0.39. This suggests as returns on the market go up, First Copper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Copper Technology will be expected to be much smaller as well. Additionally First Copper Technology 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. First Copper Price Density |
| Price |
Predictive Modules for First Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Copper Technology. 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.First Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Copper is not an exception. The market had few large corrections towards the First Copper'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 First Copper Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 2.14 | |
Ir | Information ratio | -0.11 |
First Copper 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 First Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Copper Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First Copper generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are owned by insiders or employees |
First Copper 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 First Stock often depends not only on the future outlook of the current and potential First Copper'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. First Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 359.6 M | |
| Dividends Paid | 286.4 M | |
| Short Long Term Debt | 1.3 B | |
| Forward Annual Dividend Rate | 1 |
First Copper Technical Analysis
First Copper's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Copper Technology. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.
First Copper Predictive Forecast Models
First Copper's time-series forecasting models is one of many First Copper'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 First Copper'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 First Copper Technology
Checking the ongoing alerts about First Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Copper Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| First Copper generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are owned by insiders or employees |
Additional Tools for First Stock Analysis
When running First Copper's price analysis, check to measure First Copper'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 First Copper is operating at the current time. Most of First Copper's value examination focuses on studying past and present price action to predict the probability of First Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Copper's price. Additionally, you may evaluate how the addition of First Copper to your portfolios can decrease your overall portfolio volatility.