Action Electronics (Taiwan) Probability of Future Stock Price Finishing Over 19.70
| 3024 Stock | TWD 19.70 0.30 1.50% |
Action |
Action Electronics Target Price Odds to finish over 19.70
The tendency of Action 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 |
| 19.70 | 90 days | 19.70 | about 31.02 |
Based on a normal probability distribution, the odds of Action Electronics to move above the current price in 90 days from now is about 31.02 (This Action Electronics Co probability density function shows the probability of Action Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Action Electronics Co has a beta of -0.0024. This suggests as returns on the benchmark increase, returns on holding Action Electronics are expected to decrease at a much lower rate. During a bear market, however, Action Electronics Co is likely to outperform the market. Additionally Action Electronics Co 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. Action Electronics Price Density |
| Price |
Predictive Modules for Action Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Action Electronics. 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.Action Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Action Electronics is not an exception. The market had few large corrections towards the Action Electronics' 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 Action Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Action Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.0024 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | -0.09 |
Action Electronics 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 Action Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Action Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Action Electronics generated a negative expected return over the last 90 days | |
| Action Electronics Co has accumulated about 723.68 M in cash with (75.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.61. | |
| Roughly 25.0% of the company shares are owned by insiders or employees |
Action Electronics 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 Action Stock often depends not only on the future outlook of the current and potential Action Electronics' 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. Action Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 277.2 M |
Action Electronics Technical Analysis
Action Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Action Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Action Electronics Co. In general, you should focus on analyzing Action Stock price patterns and their correlations with different microeconomic environments and drivers.
Action Electronics Predictive Forecast Models
Action Electronics' time-series forecasting models is one of many Action Electronics' 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 Action Electronics' 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 Action Electronics
Checking the ongoing alerts about Action Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Action Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Action Electronics generated a negative expected return over the last 90 days | |
| Action Electronics Co has accumulated about 723.68 M in cash with (75.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.61. | |
| Roughly 25.0% of the company shares are owned by insiders or employees |
Additional Tools for Action Stock Analysis
When running Action Electronics' price analysis, check to measure Action Electronics' 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 Action Electronics is operating at the current time. Most of Action Electronics' value examination focuses on studying past and present price action to predict the probability of Action Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Action Electronics' price. Additionally, you may evaluate how the addition of Action Electronics to your portfolios can decrease your overall portfolio volatility.