Hung Ching (Taiwan) Probability of Future Stock Price Finishing Over 45.70
| 2527 Stock | TWD 37.85 0.05 0.13% |
Hung |
Hung Ching Target Price Odds to finish over 45.70
The tendency of Hung 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 move over NT$ 45.70 or more in 90 days |
| 37.85 | 90 days | 45.70 | near 1 |
Based on a normal probability distribution, the odds of Hung Ching to move over NT$ 45.70 or more in 90 days from now is near 1 (This Hung Ching Development probability density function shows the probability of Hung Stock to fall within a particular range of prices over 90 days) . Probability of Hung Ching Development price to stay between its current price of NT$ 37.85 and NT$ 45.70 at the end of the 90-day period is about 9.84 .
Assuming the 90 days trading horizon Hung Ching Development has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding Hung Ching are expected to decrease at a much lower rate. During a bear market, however, Hung Ching Development is likely to outperform the market. Additionally Hung Ching Development has an alpha of 0.017, implying that it can generate a 0.017 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hung Ching Price Density |
| Price |
Predictive Modules for Hung Ching
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hung Ching Development. 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.Hung Ching Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hung Ching is not an exception. The market had few large corrections towards the Hung Ching'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 Hung Ching Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hung Ching within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | -0.06 |
Hung Ching 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 Hung Ching for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hung Ching Development can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hung Ching has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 74.0% of the company shares are owned by insiders or employees |
Hung Ching 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 Hung Stock often depends not only on the future outlook of the current and potential Hung Ching'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. Hung Ching's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 261.8 M |
Hung Ching Technical Analysis
Hung Ching's future price can be derived by breaking down and analyzing its technical indicators over time. Hung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hung Ching Development. In general, you should focus on analyzing Hung Stock price patterns and their correlations with different microeconomic environments and drivers.
Hung Ching Predictive Forecast Models
Hung Ching's time-series forecasting models is one of many Hung Ching'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 Hung Ching'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 Hung Ching Development
Checking the ongoing alerts about Hung Ching for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hung Ching Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hung Ching has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 74.0% of the company shares are owned by insiders or employees |
Additional Tools for Hung Stock Analysis
When running Hung Ching's price analysis, check to measure Hung Ching'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 Hung Ching is operating at the current time. Most of Hung Ching's value examination focuses on studying past and present price action to predict the probability of Hung Ching's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hung Ching's price. Additionally, you may evaluate how the addition of Hung Ching to your portfolios can decrease your overall portfolio volatility.