Simple Mart (Taiwan) Probability of Future Stock Price Finishing Under 42.28
| 2945 Stock | 42.05 0.05 0.12% |
Simple |
Simple Mart Target Price Odds to finish below 42.28
The tendency of Simple 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 42.28 after 90 days |
| 42.05 | 90 days | 42.28 | about 88.53 |
Based on a normal probability distribution, the odds of Simple Mart to stay under 42.28 after 90 days from now is about 88.53 (This Simple Mart Retail probability density function shows the probability of Simple Stock to fall within a particular range of prices over 90 days) . Probability of Simple Mart Retail price to stay between its current price of 42.05 and 42.28 at the end of the 90-day period is about 10.21 .
Assuming the 90 days trading horizon Simple Mart has a beta of 0.0196. This suggests as returns on the market go up, Simple Mart average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Simple Mart Retail will be expected to be much smaller as well. Additionally Simple Mart Retail 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. Simple Mart Price Density |
| Price |
Predictive Modules for Simple Mart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Simple Mart Retail. 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.Simple Mart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Simple Mart is not an exception. The market had few large corrections towards the Simple Mart'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 Simple Mart Retail, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Simple Mart within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.2 |
Simple Mart 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 Simple Mart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Simple Mart Retail can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Simple Mart Retail generated a negative expected return over the last 90 days |
Simple Mart Technical Analysis
Simple Mart's future price can be derived by breaking down and analyzing its technical indicators over time. Simple Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Simple Mart Retail. In general, you should focus on analyzing Simple Stock price patterns and their correlations with different microeconomic environments and drivers.
Simple Mart Predictive Forecast Models
Simple Mart's time-series forecasting models is one of many Simple Mart'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 Simple Mart'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 Simple Mart Retail
Checking the ongoing alerts about Simple Mart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Simple Mart Retail help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Simple Mart Retail generated a negative expected return over the last 90 days |
Additional Tools for Simple Stock Analysis
When running Simple Mart's price analysis, check to measure Simple Mart'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 Simple Mart is operating at the current time. Most of Simple Mart's value examination focuses on studying past and present price action to predict the probability of Simple Mart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simple Mart's price. Additionally, you may evaluate how the addition of Simple Mart to your portfolios can decrease your overall portfolio volatility.