Lingsen Precision (Taiwan) Probability of Future Stock Price Finishing Under 18.5
| 2369 Stock | TWD 18.05 0.35 1.98% |
Lingsen |
Lingsen Precision Target Price Odds to finish below 18.5
The tendency of Lingsen 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 under NT$ 18.50 after 90 days |
| 18.05 | 90 days | 18.50 | about 28.92 |
Based on a normal probability distribution, the odds of Lingsen Precision to stay under NT$ 18.50 after 90 days from now is about 28.92 (This Lingsen Precision Industries probability density function shows the probability of Lingsen Stock to fall within a particular range of prices over 90 days) . Probability of Lingsen Precision price to stay between its current price of NT$ 18.05 and NT$ 18.50 at the end of the 90-day period is about 14.31 .
Assuming the 90 days trading horizon Lingsen Precision has a beta of 0.16. This suggests as returns on the market go up, Lingsen Precision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lingsen Precision Industries will be expected to be much smaller as well. Additionally Lingsen Precision Industries 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. Lingsen Precision Price Density |
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Predictive Modules for Lingsen Precision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lingsen Precision. 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.Lingsen Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lingsen Precision is not an exception. The market had few large corrections towards the Lingsen Precision'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 Lingsen Precision Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lingsen Precision within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.11 |
Lingsen Precision 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 Lingsen Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lingsen Precision can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lingsen Precision generated a negative expected return over the last 90 days | |
| About 18.0% of the company shares are owned by insiders or employees |
Lingsen Precision 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 Lingsen Stock often depends not only on the future outlook of the current and potential Lingsen Precision'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. Lingsen Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 374.4 M |
Lingsen Precision Technical Analysis
Lingsen Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Lingsen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lingsen Precision Industries. In general, you should focus on analyzing Lingsen Stock price patterns and their correlations with different microeconomic environments and drivers.
Lingsen Precision Predictive Forecast Models
Lingsen Precision's time-series forecasting models is one of many Lingsen Precision'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 Lingsen Precision'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 Lingsen Precision
Checking the ongoing alerts about Lingsen Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lingsen Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lingsen Precision generated a negative expected return over the last 90 days | |
| About 18.0% of the company shares are owned by insiders or employees |
Additional Tools for Lingsen Stock Analysis
When running Lingsen Precision's price analysis, check to measure Lingsen Precision'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 Lingsen Precision is operating at the current time. Most of Lingsen Precision's value examination focuses on studying past and present price action to predict the probability of Lingsen Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lingsen Precision's price. Additionally, you may evaluate how the addition of Lingsen Precision to your portfolios can decrease your overall portfolio volatility.