Quanta Computer (Taiwan) Probability of Future Stock Price Finishing Under 258.86
| 2382 Stock | TWD 297.00 3.00 1.02% |
Quanta |
Quanta Computer Target Price Odds to finish below 258.86
The tendency of Quanta 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$ 258.86 or more in 90 days |
| 297.00 | 90 days | 258.86 | about 15.67 |
Based on a normal probability distribution, the odds of Quanta Computer to drop to NT$ 258.86 or more in 90 days from now is about 15.67 (This Quanta Computer probability density function shows the probability of Quanta Stock to fall within a particular range of prices over 90 days) . Probability of Quanta Computer price to stay between NT$ 258.86 and its current price of NT$297.0 at the end of the 90-day period is about 55.09 .
Assuming the 90 days trading horizon Quanta Computer has a beta of 0.63. This suggests as returns on the market go up, Quanta Computer average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Quanta Computer will be expected to be much smaller as well. Additionally Quanta Computer has an alpha of 0.0224, implying that it can generate a 0.0224 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Quanta Computer Price Density |
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Predictive Modules for Quanta Computer
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quanta Computer. 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.Quanta Computer Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Quanta Computer is not an exception. The market had few large corrections towards the Quanta Computer'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 Quanta Computer, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quanta Computer within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 24.55 | |
Ir | Information ratio | -0.0093 |
Quanta Computer 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 Quanta Computer for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quanta Computer can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Quanta Computer has accumulated about 187.67 B in cash with (23.79 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 48.69. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
Quanta Computer 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 Quanta Stock often depends not only on the future outlook of the current and potential Quanta Computer'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. Quanta Computer's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.9 B |
Quanta Computer Technical Analysis
Quanta Computer's future price can be derived by breaking down and analyzing its technical indicators over time. Quanta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Quanta Computer. In general, you should focus on analyzing Quanta Stock price patterns and their correlations with different microeconomic environments and drivers.
Quanta Computer Predictive Forecast Models
Quanta Computer's time-series forecasting models is one of many Quanta Computer'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 Quanta Computer'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 Quanta Computer
Checking the ongoing alerts about Quanta Computer for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quanta Computer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Quanta Computer has accumulated about 187.67 B in cash with (23.79 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 48.69. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
Additional Tools for Quanta Stock Analysis
When running Quanta Computer's price analysis, check to measure Quanta Computer'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 Quanta Computer is operating at the current time. Most of Quanta Computer's value examination focuses on studying past and present price action to predict the probability of Quanta Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanta Computer's price. Additionally, you may evaluate how the addition of Quanta Computer to your portfolios can decrease your overall portfolio volatility.