Camellia Metal (Taiwan) Probability of Future Stock Price Finishing Under 12.09
| 2064 Stock | TWD 14.80 0.30 2.07% |
Camellia |
Camellia Metal Target Price Odds to finish below 12.09
The tendency of Camellia 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$ 12.09 or more in 90 days |
| 14.80 | 90 days | 12.09 | near 1 |
Based on a normal probability distribution, the odds of Camellia Metal to drop to NT$ 12.09 or more in 90 days from now is near 1 (This Camellia Metal Co probability density function shows the probability of Camellia Stock to fall within a particular range of prices over 90 days) . Probability of Camellia Metal price to stay between NT$ 12.09 and its current price of NT$14.8 at the end of the 90-day period is about 12.93 .
Assuming the 90 days trading horizon Camellia Metal has a beta of 0.38. This suggests as returns on the market go up, Camellia Metal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Camellia Metal Co will be expected to be much smaller as well. Additionally Camellia Metal 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. Camellia Metal Price Density |
| Price |
Predictive Modules for Camellia Metal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Camellia Metal. 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.Camellia Metal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Camellia Metal is not an exception. The market had few large corrections towards the Camellia Metal'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 Camellia Metal Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Camellia Metal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.09 |
Camellia Metal 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 Camellia Metal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Camellia Metal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Camellia Metal has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Camellia Metal Co has accumulated about 136.84 M in cash with (316.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.75. | |
| Roughly 59.0% of the company shares are owned by insiders or employees |
Camellia Metal 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 Camellia Stock often depends not only on the future outlook of the current and potential Camellia Metal'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. Camellia Metal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 69.3 M |
Camellia Metal Technical Analysis
Camellia Metal's future price can be derived by breaking down and analyzing its technical indicators over time. Camellia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Camellia Metal Co. In general, you should focus on analyzing Camellia Stock price patterns and their correlations with different microeconomic environments and drivers.
Camellia Metal Predictive Forecast Models
Camellia Metal's time-series forecasting models is one of many Camellia Metal'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 Camellia Metal'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 Camellia Metal
Checking the ongoing alerts about Camellia Metal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Camellia Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Camellia Metal has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Camellia Metal Co has accumulated about 136.84 M in cash with (316.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.75. | |
| Roughly 59.0% of the company shares are owned by insiders or employees |
Additional Tools for Camellia Stock Analysis
When running Camellia Metal's price analysis, check to measure Camellia Metal'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 Camellia Metal is operating at the current time. Most of Camellia Metal's value examination focuses on studying past and present price action to predict the probability of Camellia Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camellia Metal's price. Additionally, you may evaluate how the addition of Camellia Metal to your portfolios can decrease your overall portfolio volatility.