Compal Electronics (Taiwan) Probability of Future Stock Price Finishing Under 27.82
| 2324 Stock | TWD 37.20 0.15 0.40% |
Compal |
Compal Electronics Target Price Odds to finish below 27.82
The tendency of Compal 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$ 27.82 or more in 90 days |
| 37.20 | 90 days | 27.82 | near 1 |
Based on a normal probability distribution, the odds of Compal Electronics to drop to NT$ 27.82 or more in 90 days from now is near 1 (This Compal Electronics probability density function shows the probability of Compal Stock to fall within a particular range of prices over 90 days) . Probability of Compal Electronics price to stay between NT$ 27.82 and its current price of NT$37.2 at the end of the 90-day period is about 92.07 .
Assuming the 90 days trading horizon Compal Electronics has a beta of 0.0897. This suggests as returns on the market go up, Compal Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Compal Electronics will be expected to be much smaller as well. Additionally Compal Electronics has an alpha of 0.1822, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Compal Electronics Price Density |
| Price |
Predictive Modules for Compal Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compal Electronics. 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.Compal Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compal Electronics is not an exception. The market had few large corrections towards the Compal Electronics' 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 Compal Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compal Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 1.68 | |
Ir | Information ratio | 0.05 |
Compal Electronics 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 Compal Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compal Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compal Electronics has accumulated NT$9.22 Billion in debt which can lead to volatile earnings | |
| Compal Electronics has accumulated about 69.89 B in cash with (23.83 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.04. |
Compal Electronics 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 Compal Stock often depends not only on the future outlook of the current and potential Compal Electronics' 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. Compal Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.4 B |
Compal Electronics Technical Analysis
Compal Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Compal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compal Electronics. In general, you should focus on analyzing Compal Stock price patterns and their correlations with different microeconomic environments and drivers.
Compal Electronics Predictive Forecast Models
Compal Electronics' time-series forecasting models is one of many Compal Electronics' 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 Compal Electronics' 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 Compal Electronics
Checking the ongoing alerts about Compal Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compal Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compal Electronics has accumulated NT$9.22 Billion in debt which can lead to volatile earnings | |
| Compal Electronics has accumulated about 69.89 B in cash with (23.83 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.04. |
Additional Tools for Compal Stock Analysis
When running Compal Electronics' price analysis, check to measure Compal Electronics' 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 Compal Electronics is operating at the current time. Most of Compal Electronics' value examination focuses on studying past and present price action to predict the probability of Compal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compal Electronics' price. Additionally, you may evaluate how the addition of Compal Electronics to your portfolios can decrease your overall portfolio volatility.