China Bills (Taiwan) Probability of Future Stock Price Finishing Over 15.00
| 2820 Stock | TWD 15.00 0.05 0.33% |
China |
China Bills Target Price Odds to finish over 15.00
The tendency of China 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 |
| 15.00 | 90 days | 15.00 | about 33.72 |
Based on a normal probability distribution, the odds of China Bills to move above the current price in 90 days from now is about 33.72 (This China Bills Finance probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon China Bills Finance has a beta of -0.014. This suggests as returns on the benchmark increase, returns on holding China Bills are expected to decrease at a much lower rate. During a bear market, however, China Bills Finance is likely to outperform the market. Additionally China Bills Finance 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. China Bills Price Density |
| Price |
Predictive Modules for China Bills
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Bills Finance. 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.China Bills Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Bills is not an exception. The market had few large corrections towards the China Bills' 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 China Bills Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Bills within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0077 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.42 |
China Bills 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 China Bills for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Bills Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Bills Finance generated a negative expected return over the last 90 days | |
| China Bills Finance has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| China Bills Finance has accumulated about 194.53 B in cash with (1.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 146.84, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
China Bills 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 China Stock often depends not only on the future outlook of the current and potential China Bills' 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. China Bills' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
China Bills Technical Analysis
China Bills' future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Bills Finance. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Bills Predictive Forecast Models
China Bills' time-series forecasting models is one of many China Bills' 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 China Bills' 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 China Bills Finance
Checking the ongoing alerts about China Bills for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Bills Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Bills Finance generated a negative expected return over the last 90 days | |
| China Bills Finance has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| China Bills Finance has accumulated about 194.53 B in cash with (1.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 146.84, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for China Stock Analysis
When running China Bills' price analysis, check to measure China Bills' 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 China Bills is operating at the current time. Most of China Bills' value examination focuses on studying past and present price action to predict the probability of China Bills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Bills' price. Additionally, you may evaluate how the addition of China Bills to your portfolios can decrease your overall portfolio volatility.