Connection Technology (Taiwan) Probability of Future Stock Price Finishing Under 17.19
| 3672 Stock | TWD 20.65 0.15 0.73% |
Connection |
Connection Technology Target Price Odds to finish below 17.19
The tendency of Connection 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$ 17.19 or more in 90 days |
| 20.65 | 90 days | 17.19 | near 1 |
Based on a normal probability distribution, the odds of Connection Technology to drop to NT$ 17.19 or more in 90 days from now is near 1 (This Connection Technology Systems probability density function shows the probability of Connection Stock to fall within a particular range of prices over 90 days) . Probability of Connection Technology price to stay between NT$ 17.19 and its current price of NT$20.65 at the end of the 90-day period is about 40.29 .
Assuming the 90 days trading horizon Connection Technology Systems has a beta of -0.29. This suggests as returns on the benchmark increase, returns on holding Connection Technology are expected to decrease at a much lower rate. During a bear market, however, Connection Technology Systems is likely to outperform the market. Additionally Connection Technology Systems has an alpha of 0.1241, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Connection Technology Price Density |
| Price |
Predictive Modules for Connection Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Connection Technology. 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.Connection Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Connection Technology is not an exception. The market had few large corrections towards the Connection Technology'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 Connection Technology Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Connection Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | -0.0027 |
Connection Technology 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 Connection Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Connection Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Connection Technology had very high historical volatility over the last 90 days | |
| Connection Technology generates negative cash flow from operations | |
| About 52.0% of the company shares are owned by insiders or employees |
Connection Technology 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 Connection Stock often depends not only on the future outlook of the current and potential Connection Technology'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. Connection Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31 M | |
| Short Long Term Debt | 223.9 M |
Connection Technology Technical Analysis
Connection Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Connection Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Connection Technology Systems. In general, you should focus on analyzing Connection Stock price patterns and their correlations with different microeconomic environments and drivers.
Connection Technology Predictive Forecast Models
Connection Technology's time-series forecasting models is one of many Connection Technology'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 Connection Technology'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 Connection Technology
Checking the ongoing alerts about Connection Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Connection Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Connection Technology had very high historical volatility over the last 90 days | |
| Connection Technology generates negative cash flow from operations | |
| About 52.0% of the company shares are owned by insiders or employees |
Additional Tools for Connection Stock Analysis
When running Connection Technology's price analysis, check to measure Connection Technology'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 Connection Technology is operating at the current time. Most of Connection Technology's value examination focuses on studying past and present price action to predict the probability of Connection Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connection Technology's price. Additionally, you may evaluate how the addition of Connection Technology to your portfolios can decrease your overall portfolio volatility.