Chang Hwa (Taiwan) Probability of Future Stock Price Finishing Over 17.70
| 2801 Stock | TWD 17.70 0.15 0.84% |
Chang |
Chang Hwa Target Price Odds to finish over 17.70
The tendency of Chang 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 above the current price in 90 days |
| 17.70 | 90 days | 17.70 | about 58.48 |
Based on a normal probability distribution, the odds of Chang Hwa to move above the current price in 90 days from now is about 58.48 (This Chang Hwa Commercial probability density function shows the probability of Chang Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Chang Hwa Commercial has a beta of -0.0346. This suggests as returns on the benchmark increase, returns on holding Chang Hwa are expected to decrease at a much lower rate. During a bear market, however, Chang Hwa Commercial is likely to outperform the market. Additionally Chang Hwa Commercial 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. Chang Hwa Price Density |
| Price |
Predictive Modules for Chang Hwa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chang Hwa Commercial. 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.Chang Hwa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chang Hwa is not an exception. The market had few large corrections towards the Chang Hwa'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 Chang Hwa Commercial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chang Hwa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.21 |
Chang Hwa 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 Chang Hwa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chang Hwa Commercial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chang Hwa Commercial generated a negative expected return over the last 90 days | |
| Chang Hwa Commercial has accumulated about 166.51 B in cash with (196.83 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.72. | |
| Roughly 36.0% of the company shares are owned by insiders or employees |
Chang Hwa 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 Chang Stock often depends not only on the future outlook of the current and potential Chang Hwa'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. Chang Hwa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.5 B |
Chang Hwa Technical Analysis
Chang Hwa's future price can be derived by breaking down and analyzing its technical indicators over time. Chang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chang Hwa Commercial. In general, you should focus on analyzing Chang Stock price patterns and their correlations with different microeconomic environments and drivers.
Chang Hwa Predictive Forecast Models
Chang Hwa's time-series forecasting models is one of many Chang Hwa'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 Chang Hwa'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 Chang Hwa Commercial
Checking the ongoing alerts about Chang Hwa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chang Hwa Commercial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chang Hwa Commercial generated a negative expected return over the last 90 days | |
| Chang Hwa Commercial has accumulated about 166.51 B in cash with (196.83 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.72. | |
| Roughly 36.0% of the company shares are owned by insiders or employees |
Additional Tools for Chang Stock Analysis
When running Chang Hwa's price analysis, check to measure Chang Hwa'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 Chang Hwa is operating at the current time. Most of Chang Hwa's value examination focuses on studying past and present price action to predict the probability of Chang Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Hwa's price. Additionally, you may evaluate how the addition of Chang Hwa to your portfolios can decrease your overall portfolio volatility.