Auden Techno (Taiwan) Probability of Future Stock Price Finishing Over 102.42
| 3138 Stock | TWD 109.00 1.50 1.36% |
Auden |
Auden Techno Target Price Odds to finish over 102.42
The tendency of Auden 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 above NT$ 102.42 in 90 days |
| 109.00 | 90 days | 102.42 | about 92.68 |
Based on a normal probability distribution, the odds of Auden Techno to stay above NT$ 102.42 in 90 days from now is about 92.68 (This Auden Techno probability density function shows the probability of Auden Stock to fall within a particular range of prices over 90 days) . Probability of Auden Techno price to stay between NT$ 102.42 and its current price of NT$109.0 at the end of the 90-day period is about 22.77 .
Assuming the 90 days trading horizon Auden Techno has a beta of 0.31. This suggests as returns on the market go up, Auden Techno average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Auden Techno will be expected to be much smaller as well. Additionally Auden Techno 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. Auden Techno Price Density |
| Price |
Predictive Modules for Auden Techno
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Auden Techno. 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.Auden Techno Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Auden Techno is not an exception. The market had few large corrections towards the Auden Techno'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 Auden Techno, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Auden Techno within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 7.07 | |
Ir | Information ratio | -0.07 |
Auden Techno 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 Auden Techno for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Auden Techno can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Auden Techno generated a negative expected return over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees |
Auden Techno 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 Auden Stock often depends not only on the future outlook of the current and potential Auden Techno'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. Auden Techno's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.7 M |
Auden Techno Technical Analysis
Auden Techno's future price can be derived by breaking down and analyzing its technical indicators over time. Auden Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Auden Techno. In general, you should focus on analyzing Auden Stock price patterns and their correlations with different microeconomic environments and drivers.
Auden Techno Predictive Forecast Models
Auden Techno's time-series forecasting models is one of many Auden Techno'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 Auden Techno'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 Auden Techno
Checking the ongoing alerts about Auden Techno for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Auden Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Auden Techno generated a negative expected return over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees |
Additional Tools for Auden Stock Analysis
When running Auden Techno's price analysis, check to measure Auden Techno'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 Auden Techno is operating at the current time. Most of Auden Techno's value examination focuses on studying past and present price action to predict the probability of Auden Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auden Techno's price. Additionally, you may evaluate how the addition of Auden Techno to your portfolios can decrease your overall portfolio volatility.