Solomon Technology (Taiwan) Probability of Future Stock Price Finishing Over 34.45
| 2359 Stock | TWD 137.50 1.50 1.10% |
Solomon |
Solomon Technology Target Price Odds to finish over 34.45
The tendency of Solomon 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 stay above NT$ 34.45 in 90 days |
| 137.50 | 90 days | 34.45 | close to 99 |
Based on a normal probability distribution, the odds of Solomon Technology to stay above NT$ 34.45 in 90 days from now is close to 99 (This Solomon Technology Corp probability density function shows the probability of Solomon Stock to fall within a particular range of prices over 90 days) . Probability of Solomon Technology Corp price to stay between NT$ 34.45 and its current price of NT$137.5 at the end of the 90-day period is about 16.37 .
Assuming the 90 days trading horizon Solomon Technology has a beta of 0.58. This suggests as returns on the market go up, Solomon Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solomon Technology Corp will be expected to be much smaller as well. Additionally Solomon Technology Corp 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. Solomon Technology Price Density |
| Price |
Predictive Modules for Solomon 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 Solomon 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.Solomon Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solomon Technology is not an exception. The market had few large corrections towards the Solomon 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 Solomon Technology Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solomon Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 6.22 | |
Ir | Information ratio | -0.09 |
Solomon Technology 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 Solomon Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solomon Technology Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solomon Technology generated a negative expected return over the last 90 days | |
| Solomon Technology Corp has accumulated about 2.92 B in cash with (296.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.02. | |
| Roughly 41.0% of the company shares are owned by insiders or employees |
Solomon 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 Solomon Stock often depends not only on the future outlook of the current and potential Solomon 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. Solomon Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 171.4 M |
Solomon Technology Technical Analysis
Solomon Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Solomon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solomon Technology Corp. In general, you should focus on analyzing Solomon Stock price patterns and their correlations with different microeconomic environments and drivers.
Solomon Technology Predictive Forecast Models
Solomon Technology's time-series forecasting models is one of many Solomon 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 Solomon 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.
Things to note about Solomon Technology Corp
Checking the ongoing alerts about Solomon Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solomon Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solomon Technology generated a negative expected return over the last 90 days | |
| Solomon Technology Corp has accumulated about 2.92 B in cash with (296.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.02. | |
| Roughly 41.0% of the company shares are owned by insiders or employees |
Additional Tools for Solomon Stock Analysis
When running Solomon Technology's price analysis, check to measure Solomon 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 Solomon Technology is operating at the current time. Most of Solomon Technology's value examination focuses on studying past and present price action to predict the probability of Solomon 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 Solomon Technology's price. Additionally, you may evaluate how the addition of Solomon Technology to your portfolios can decrease your overall portfolio volatility.