Century Wind (Taiwan) Probability of Future Stock Price Finishing Over 303.87
| 2072 Stock | TWD 302.50 0.50 0.17% |
Century |
Century Wind Target Price Odds to finish over 303.87
The tendency of Century 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$ 303.87 or more in 90 days |
| 302.50 | 90 days | 303.87 | about 84.35 |
Based on a normal probability distribution, the odds of Century Wind to move over NT$ 303.87 or more in 90 days from now is about 84.35 (This Century Wind Power probability density function shows the probability of Century Stock to fall within a particular range of prices over 90 days) . Probability of Century Wind Power price to stay between its current price of NT$ 302.50 and NT$ 303.87 at the end of the 90-day period is about 1.65 .
Assuming the 90 days trading horizon Century Wind has a beta of 0.25. This suggests as returns on the market go up, Century Wind average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Century Wind Power will be expected to be much smaller as well. Additionally Century Wind Power 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. Century Wind Price Density |
| Price |
Predictive Modules for Century Wind
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Century Wind Power. 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.Century Wind Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Century Wind is not an exception. The market had few large corrections towards the Century Wind'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 Century Wind Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Century Wind within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 19.18 | |
Ir | Information ratio | -0.14 |
Century Wind 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 Century Wind for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Century Wind Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Century Wind Power generated a negative expected return over the last 90 days | |
| Century Wind Power has accumulated 3.96 B in total debt with debt to equity ratio (D/E) of 0.96, which is about average as compared to similar companies. Century Wind Power has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Century Wind until it has trouble settling it off, either with new capital or with free cash flow. So, Century Wind's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Century Wind Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Century to invest in growth at high rates of return. When we think about Century Wind's use of debt, we should always consider it together with cash and equity. |
Century Wind 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 Century Stock often depends not only on the future outlook of the current and potential Century Wind'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. Century Wind's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 5.00 | |
| Average Daily Volume Last 10 Day | 34.41k | |
| Average Daily Volume In Three Month | 72.51k | |
| Trailing Annual Dividend Yield | 2.83% |
Century Wind Technical Analysis
Century Wind's future price can be derived by breaking down and analyzing its technical indicators over time. Century Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Century Wind Power. In general, you should focus on analyzing Century Stock price patterns and their correlations with different microeconomic environments and drivers.
Century Wind Predictive Forecast Models
Century Wind's time-series forecasting models is one of many Century Wind'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 Century Wind'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 Century Wind Power
Checking the ongoing alerts about Century Wind for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Century Wind Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Century Wind Power generated a negative expected return over the last 90 days | |
| Century Wind Power has accumulated 3.96 B in total debt with debt to equity ratio (D/E) of 0.96, which is about average as compared to similar companies. Century Wind Power has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Century Wind until it has trouble settling it off, either with new capital or with free cash flow. So, Century Wind's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Century Wind Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Century to invest in growth at high rates of return. When we think about Century Wind's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Century Stock Analysis
When running Century Wind's price analysis, check to measure Century Wind'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 Century Wind is operating at the current time. Most of Century Wind's value examination focuses on studying past and present price action to predict the probability of Century Wind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Wind's price. Additionally, you may evaluate how the addition of Century Wind to your portfolios can decrease your overall portfolio volatility.