Shan Loong (Taiwan) Probability of Future Stock Price Finishing Under 19.26
| 2616 Stock | TWD 20.05 0.05 0.25% |
Shan |
Shan Loong Target Price Odds to finish below 19.26
The tendency of Shan 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$ 19.26 or more in 90 days |
| 20.05 | 90 days | 19.26 | near 1 |
Based on a normal probability distribution, the odds of Shan Loong to drop to NT$ 19.26 or more in 90 days from now is near 1 (This Shan Loong Transportation Co probability density function shows the probability of Shan Stock to fall within a particular range of prices over 90 days) . Probability of Shan Loong Transport price to stay between NT$ 19.26 and its current price of NT$20.05 at the end of the 90-day period is about 14.05 .
Assuming the 90 days trading horizon Shan Loong has a beta of 0.16. This suggests as returns on the market go up, Shan Loong average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shan Loong Transportation Co will be expected to be much smaller as well. Additionally Shan Loong Transportation Co 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. Shan Loong Price Density |
| Price |
Predictive Modules for Shan Loong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shan Loong Transport. 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.Shan Loong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shan Loong is not an exception. The market had few large corrections towards the Shan Loong'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 Shan Loong Transportation Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shan Loong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.22 |
Shan Loong 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 Shan Loong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shan Loong Transport can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shan Loong Transport generated a negative expected return over the last 90 days | |
| Shan Loong Transportation Co has accumulated 227.05 M in total debt with debt to equity ratio (D/E) of 52.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shan Loong Transport has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Shan Loong until it has trouble settling it off, either with new capital or with free cash flow. So, Shan Loong's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shan Loong Transport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shan to invest in growth at high rates of return. When we think about Shan Loong's use of debt, we should always consider it together with cash and equity. | |
| About 46.0% of Shan Loong shares are owned by insiders or employees |
Shan Loong 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 Shan Stock often depends not only on the future outlook of the current and potential Shan Loong'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. Shan Loong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.9 M |
Shan Loong Technical Analysis
Shan Loong's future price can be derived by breaking down and analyzing its technical indicators over time. Shan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shan Loong Transportation Co. In general, you should focus on analyzing Shan Stock price patterns and their correlations with different microeconomic environments and drivers.
Shan Loong Predictive Forecast Models
Shan Loong's time-series forecasting models is one of many Shan Loong'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 Shan Loong'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 Shan Loong Transport
Checking the ongoing alerts about Shan Loong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shan Loong Transport help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shan Loong Transport generated a negative expected return over the last 90 days | |
| Shan Loong Transportation Co has accumulated 227.05 M in total debt with debt to equity ratio (D/E) of 52.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shan Loong Transport has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Shan Loong until it has trouble settling it off, either with new capital or with free cash flow. So, Shan Loong's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shan Loong Transport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shan to invest in growth at high rates of return. When we think about Shan Loong's use of debt, we should always consider it together with cash and equity. | |
| About 46.0% of Shan Loong shares are owned by insiders or employees |
Additional Tools for Shan Stock Analysis
When running Shan Loong's price analysis, check to measure Shan Loong'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 Shan Loong is operating at the current time. Most of Shan Loong's value examination focuses on studying past and present price action to predict the probability of Shan Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shan Loong's price. Additionally, you may evaluate how the addition of Shan Loong to your portfolios can decrease your overall portfolio volatility.