Leader Electronics (Taiwan) Probability of Future Stock Price Finishing Under 17.65
| 3058 Stock | TWD 16.60 0.40 2.35% |
Leader |
Leader Electronics Target Price Odds to finish below 17.65
The tendency of Leader 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 NT$ 17.65 after 90 days |
| 16.60 | 90 days | 17.65 | about 33.29 |
Based on a normal probability distribution, the odds of Leader Electronics to stay under NT$ 17.65 after 90 days from now is about 33.29 (This Leader Electronics probability density function shows the probability of Leader Stock to fall within a particular range of prices over 90 days) . Probability of Leader Electronics price to stay between its current price of NT$ 16.60 and NT$ 17.65 at the end of the 90-day period is about 30.42 .
Assuming the 90 days trading horizon Leader Electronics has a beta of 0.65. This suggests as returns on the market go up, Leader Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Leader Electronics will be expected to be much smaller as well. Additionally Leader Electronics 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. Leader Electronics Price Density |
| Price |
Predictive Modules for Leader 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 Leader 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.Leader Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Leader Electronics is not an exception. The market had few large corrections towards the Leader 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 Leader Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Leader Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0044 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.02 |
Leader 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 Leader Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Leader 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.| The company reported the revenue of 4.72 B. Net Loss for the year was (321.88 M) with profit before overhead, payroll, taxes, and interest of 358.69 M. | |
| Leader Electronics has accumulated about 810.93 M in cash with (112.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.94. | |
| Roughly 18.0% of the company shares are owned by insiders or employees |
Leader 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 Leader Stock often depends not only on the future outlook of the current and potential Leader 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. Leader Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 156.6 M |
Leader Electronics Technical Analysis
Leader Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Leader Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Leader Electronics. In general, you should focus on analyzing Leader Stock price patterns and their correlations with different microeconomic environments and drivers.
Leader Electronics Predictive Forecast Models
Leader Electronics' time-series forecasting models is one of many Leader 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 Leader 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 Leader Electronics
Checking the ongoing alerts about Leader Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Leader Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 4.72 B. Net Loss for the year was (321.88 M) with profit before overhead, payroll, taxes, and interest of 358.69 M. | |
| Leader Electronics has accumulated about 810.93 M in cash with (112.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.94. | |
| Roughly 18.0% of the company shares are owned by insiders or employees |
Additional Tools for Leader Stock Analysis
When running Leader Electronics' price analysis, check to measure Leader 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 Leader Electronics is operating at the current time. Most of Leader Electronics' value examination focuses on studying past and present price action to predict the probability of Leader Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leader Electronics' price. Additionally, you may evaluate how the addition of Leader Electronics to your portfolios can decrease your overall portfolio volatility.