HOYA Resort (Taiwan) Probability of Future Stock Price Finishing Under 19.16
| 2736 Stock | TWD 18.20 0.35 1.89% |
HOYA |
HOYA Resort Target Price Odds to finish below 19.16
The tendency of HOYA 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$ 19.16 after 90 days |
| 18.20 | 90 days | 19.16 | about 62.35 |
Based on a normal probability distribution, the odds of HOYA Resort to stay under NT$ 19.16 after 90 days from now is about 62.35 (This HOYA Resort Hotel probability density function shows the probability of HOYA Stock to fall within a particular range of prices over 90 days) . Probability of HOYA Resort Hotel price to stay between its current price of NT$ 18.20 and NT$ 19.16 at the end of the 90-day period is about 50.23 .
Assuming the 90 days trading horizon HOYA Resort has a beta of 0.17. This suggests as returns on the market go up, HOYA Resort average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HOYA Resort Hotel will be expected to be much smaller as well. Additionally HOYA Resort Hotel 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. HOYA Resort Price Density |
| Price |
Predictive Modules for HOYA Resort
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HOYA Resort Hotel. 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.HOYA Resort Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HOYA Resort is not an exception. The market had few large corrections towards the HOYA Resort'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 HOYA Resort Hotel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HOYA Resort within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | -0.15 |
HOYA Resort 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 HOYA Resort for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HOYA Resort Hotel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HOYA Resort Hotel generated a negative expected return over the last 90 days | |
| HOYA Resort Hotel has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 493.42 M. Net Loss for the year was (34.04 M) with profit before overhead, payroll, taxes, and interest of 254.42 M. | |
| About 47.0% of the company shares are owned by insiders or employees |
HOYA Resort 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 HOYA Stock often depends not only on the future outlook of the current and potential HOYA Resort'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. HOYA Resort's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49 M |
HOYA Resort Technical Analysis
HOYA Resort's future price can be derived by breaking down and analyzing its technical indicators over time. HOYA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HOYA Resort Hotel. In general, you should focus on analyzing HOYA Stock price patterns and their correlations with different microeconomic environments and drivers.
HOYA Resort Predictive Forecast Models
HOYA Resort's time-series forecasting models is one of many HOYA Resort'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 HOYA Resort'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 HOYA Resort Hotel
Checking the ongoing alerts about HOYA Resort for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HOYA Resort Hotel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HOYA Resort Hotel generated a negative expected return over the last 90 days | |
| HOYA Resort Hotel has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 493.42 M. Net Loss for the year was (34.04 M) with profit before overhead, payroll, taxes, and interest of 254.42 M. | |
| About 47.0% of the company shares are owned by insiders or employees |
Additional Tools for HOYA Stock Analysis
When running HOYA Resort's price analysis, check to measure HOYA Resort'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 HOYA Resort is operating at the current time. Most of HOYA Resort's value examination focuses on studying past and present price action to predict the probability of HOYA Resort's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOYA Resort's price. Additionally, you may evaluate how the addition of HOYA Resort to your portfolios can decrease your overall portfolio volatility.