Powertech Industrial (Taiwan) Probability of Future Stock Price Finishing Under 25.79
| 3296 Stock | TWD 30.05 0.35 1.15% |
Powertech |
Powertech Industrial Target Price Odds to finish below 25.79
The tendency of Powertech 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$ 25.79 or more in 90 days |
| 30.05 | 90 days | 25.79 | about 22.05 |
Based on a normal probability distribution, the odds of Powertech Industrial to drop to NT$ 25.79 or more in 90 days from now is about 22.05 (This Powertech Industrial Co probability density function shows the probability of Powertech Stock to fall within a particular range of prices over 90 days) . Probability of Powertech Industrial price to stay between NT$ 25.79 and its current price of NT$30.05 at the end of the 90-day period is about 76.88 .
Assuming the 90 days trading horizon Powertech Industrial has a beta of 0.63. This suggests as returns on the market go up, Powertech Industrial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Powertech Industrial Co will be expected to be much smaller as well. Additionally Powertech Industrial Co has an alpha of 0.1237, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Powertech Industrial Price Density |
| Price |
Predictive Modules for Powertech Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Powertech Industrial. 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.Powertech Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Powertech Industrial is not an exception. The market had few large corrections towards the Powertech Industrial'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 Powertech Industrial Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Powertech Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | 0.03 |
Powertech Industrial 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 Powertech Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Powertech Industrial 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 3.19 B. Net Loss for the year was (158.32 M) with profit before overhead, payroll, taxes, and interest of 285.78 M. | |
| Powertech Industrial Co has accumulated about 932.42 M in cash with (224.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.57. | |
| Roughly 50.0% of the company shares are owned by insiders or employees |
Powertech Industrial 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 Powertech Stock often depends not only on the future outlook of the current and potential Powertech Industrial'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. Powertech Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.7 M |
Powertech Industrial Technical Analysis
Powertech Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. Powertech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Powertech Industrial Co. In general, you should focus on analyzing Powertech Stock price patterns and their correlations with different microeconomic environments and drivers.
Powertech Industrial Predictive Forecast Models
Powertech Industrial's time-series forecasting models is one of many Powertech Industrial'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 Powertech Industrial'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 Powertech Industrial
Checking the ongoing alerts about Powertech Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Powertech Industrial 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 3.19 B. Net Loss for the year was (158.32 M) with profit before overhead, payroll, taxes, and interest of 285.78 M. | |
| Powertech Industrial Co has accumulated about 932.42 M in cash with (224.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.57. | |
| Roughly 50.0% of the company shares are owned by insiders or employees |
Additional Tools for Powertech Stock Analysis
When running Powertech Industrial's price analysis, check to measure Powertech Industrial'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 Powertech Industrial is operating at the current time. Most of Powertech Industrial's value examination focuses on studying past and present price action to predict the probability of Powertech Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Powertech Industrial's price. Additionally, you may evaluate how the addition of Powertech Industrial to your portfolios can decrease your overall portfolio volatility.