Formosa International (Taiwan) Probability of Future Stock Price Finishing Under 224.51
| 2707 Stock | TWD 193.00 0.50 0.26% |
Formosa |
Formosa International Target Price Odds to finish below 224.51
The tendency of Formosa 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$ 224.51 after 90 days |
| 193.00 | 90 days | 224.51 | close to 99 |
Based on a normal probability distribution, the odds of Formosa International to stay under NT$ 224.51 after 90 days from now is close to 99 (This Formosa International Hotels probability density function shows the probability of Formosa Stock to fall within a particular range of prices over 90 days) . Probability of Formosa International price to stay between its current price of NT$ 193.00 and NT$ 224.51 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Formosa International Hotels has a beta of -0.18. This suggests as returns on the benchmark increase, returns on holding Formosa International are expected to decrease at a much lower rate. During a bear market, however, Formosa International Hotels is likely to outperform the market. Additionally Formosa International Hotels 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. Formosa International Price Density |
| Price |
Predictive Modules for Formosa International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Formosa International. 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.Formosa International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Formosa International is not an exception. The market had few large corrections towards the Formosa International'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 Formosa International Hotels, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Formosa International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 3.22 | |
Ir | Information ratio | -0.27 |
Formosa International 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 Formosa International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Formosa International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Formosa International generated a negative expected return over the last 90 days | |
| Formosa International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has a current ratio of 0.81, 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 Formosa International until it has trouble settling it off, either with new capital or with free cash flow. So, Formosa International'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 Formosa International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Formosa to invest in growth at high rates of return. When we think about Formosa International's use of debt, we should always consider it together with cash and equity. | |
| About 55.0% of the company shares are owned by insiders or employees |
Formosa International 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 Formosa Stock often depends not only on the future outlook of the current and potential Formosa International'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. Formosa International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.4 M |
Formosa International Technical Analysis
Formosa International's future price can be derived by breaking down and analyzing its technical indicators over time. Formosa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Formosa International Hotels. In general, you should focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environments and drivers.
Formosa International Predictive Forecast Models
Formosa International's time-series forecasting models is one of many Formosa International'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 Formosa International'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 Formosa International
Checking the ongoing alerts about Formosa International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Formosa International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Formosa International generated a negative expected return over the last 90 days | |
| Formosa International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has a current ratio of 0.81, 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 Formosa International until it has trouble settling it off, either with new capital or with free cash flow. So, Formosa International'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 Formosa International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Formosa to invest in growth at high rates of return. When we think about Formosa International's use of debt, we should always consider it together with cash and equity. | |
| About 55.0% of the company shares are owned by insiders or employees |
Additional Tools for Formosa Stock Analysis
When running Formosa International's price analysis, check to measure Formosa International'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 Formosa International is operating at the current time. Most of Formosa International's value examination focuses on studying past and present price action to predict the probability of Formosa International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa International's price. Additionally, you may evaluate how the addition of Formosa International to your portfolios can decrease your overall portfolio volatility.