Accton Technology (Taiwan) Probability of Future Stock Price Finishing Under 614.64
| 2345 Stock | TWD 658.00 26.00 4.11% |
Accton |
Accton Technology Target Price Odds to finish below 614.64
The tendency of Accton 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$ 614.64 or more in 90 days |
| 658.00 | 90 days | 614.64 | over 95.32 |
Based on a normal probability distribution, the odds of Accton Technology to drop to NT$ 614.64 or more in 90 days from now is over 95.32 (This Accton Technology Corp probability density function shows the probability of Accton Stock to fall within a particular range of prices over 90 days) . Probability of Accton Technology Corp price to stay between NT$ 614.64 and its current price of NT$658.0 at the end of the 90-day period is nearly 4.41 .
Assuming the 90 days trading horizon Accton Technology has a beta of 0.69. This suggests as returns on the market go up, Accton Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Accton Technology Corp will be expected to be much smaller as well. Additionally Accton Technology Corp has an alpha of 0.2551, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Accton Technology Price Density |
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Predictive Modules for Accton Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accton Technology Corp. 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.Accton Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Accton Technology is not an exception. The market had few large corrections towards the Accton Technology'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 Accton Technology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Accton Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 37.23 | |
Ir | Information ratio | 0.08 |
Accton Technology 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 Accton Stock often depends not only on the future outlook of the current and potential Accton Technology'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. Accton Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 557.7 M |
Accton Technology Technical Analysis
Accton Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Accton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accton Technology Corp. In general, you should focus on analyzing Accton Stock price patterns and their correlations with different microeconomic environments and drivers.
Accton Technology Predictive Forecast Models
Accton Technology's time-series forecasting models is one of many Accton Technology'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 Accton Technology'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Accton Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Accton Technology's short interest history, or implied volatility extrapolated from Accton Technology options trading.
Additional Tools for Accton Stock Analysis
When running Accton Technology's price analysis, check to measure Accton Technology'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 Accton Technology is operating at the current time. Most of Accton Technology's value examination focuses on studying past and present price action to predict the probability of Accton Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accton Technology's price. Additionally, you may evaluate how the addition of Accton Technology to your portfolios can decrease your overall portfolio volatility.