Sinopac Financial (Taiwan) Probability of Future Stock Price Finishing Under 19.36
| 2890 Stock | TWD 23.55 0.45 1.95% |
Sinopac |
Sinopac Financial Target Price Odds to finish below 19.36
The tendency of Sinopac 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$ 19.36 or more in 90 days |
| 23.55 | 90 days | 19.36 | near 1 |
Based on a normal probability distribution, the odds of Sinopac Financial to drop to NT$ 19.36 or more in 90 days from now is near 1 (This Sinopac Financial Holdings probability density function shows the probability of Sinopac Stock to fall within a particular range of prices over 90 days) . Probability of Sinopac Financial price to stay between NT$ 19.36 and its current price of NT$23.55 at the end of the 90-day period is about 54.11 .
Assuming the 90 days trading horizon Sinopac Financial has a beta of 0.12. This suggests as returns on the market go up, Sinopac Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sinopac Financial Holdings will be expected to be much smaller as well. Additionally Sinopac Financial Holdings 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. Sinopac Financial Price Density |
| Price |
Predictive Modules for Sinopac Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sinopac Financial. 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.Sinopac Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sinopac Financial is not an exception. The market had few large corrections towards the Sinopac Financial'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 Sinopac Financial Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sinopac Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | -0.13 |
Sinopac Financial 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 Sinopac Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sinopac Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sinopac Financial generated a negative expected return over the last 90 days | |
| Sinopac Financial has high likelihood to experience some financial distress in the next 2 years | |
| Sinopac Financial Holdings has accumulated about 325.48 B in cash with (94.68 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 28.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company shares are owned by insiders or employees |
Sinopac Financial 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 Sinopac Stock often depends not only on the future outlook of the current and potential Sinopac Financial'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. Sinopac Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.3 B |
Sinopac Financial Technical Analysis
Sinopac Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Sinopac Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sinopac Financial Holdings. In general, you should focus on analyzing Sinopac Stock price patterns and their correlations with different microeconomic environments and drivers.
Sinopac Financial Predictive Forecast Models
Sinopac Financial's time-series forecasting models is one of many Sinopac Financial'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 Sinopac Financial'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 Sinopac Financial
Checking the ongoing alerts about Sinopac Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sinopac Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sinopac Financial generated a negative expected return over the last 90 days | |
| Sinopac Financial has high likelihood to experience some financial distress in the next 2 years | |
| Sinopac Financial Holdings has accumulated about 325.48 B in cash with (94.68 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 28.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company shares are owned by insiders or employees |
Additional Tools for Sinopac Stock Analysis
When running Sinopac Financial's price analysis, check to measure Sinopac Financial'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 Sinopac Financial is operating at the current time. Most of Sinopac Financial's value examination focuses on studying past and present price action to predict the probability of Sinopac Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinopac Financial's price. Additionally, you may evaluate how the addition of Sinopac Financial to your portfolios can decrease your overall portfolio volatility.