WPG Holdings (Taiwan) Probability of Future Stock Price Finishing Over 54.08
| 3702A Stock | TWD 51.40 0.10 0.19% |
WPG |
WPG Holdings Target Price Odds to finish over 54.08
The tendency of WPG 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 over NT$ 54.08 or more in 90 days |
| 51.40 | 90 days | 54.08 | near 1 |
Based on a normal probability distribution, the odds of WPG Holdings to move over NT$ 54.08 or more in 90 days from now is near 1 (This WPG Holdings probability density function shows the probability of WPG Stock to fall within a particular range of prices over 90 days) . Probability of WPG Holdings price to stay between its current price of NT$ 51.40 and NT$ 54.08 at the end of the 90-day period is about 12.45 .
Assuming the 90 days trading horizon WPG Holdings has a beta of -0.0427. This suggests as returns on the benchmark increase, returns on holding WPG Holdings are expected to decrease at a much lower rate. During a bear market, however, WPG Holdings is likely to outperform the market. Additionally WPG Holdings has an alpha of 0.0694, implying that it can generate a 0.0694 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WPG Holdings Price Density |
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Predictive Modules for WPG Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WPG Holdings. 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.WPG Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WPG Holdings is not an exception. The market had few large corrections towards the WPG Holdings' 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 WPG Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WPG Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.18 |
WPG Holdings 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 WPG Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WPG Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WPG Holdings has accumulated about 12.15 B in cash with (10.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.23. |
WPG Holdings Technical Analysis
WPG Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. WPG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WPG Holdings. In general, you should focus on analyzing WPG Stock price patterns and their correlations with different microeconomic environments and drivers.
WPG Holdings Predictive Forecast Models
WPG Holdings' time-series forecasting models is one of many WPG Holdings' 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 WPG Holdings' 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 WPG Holdings
Checking the ongoing alerts about WPG Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WPG Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WPG Holdings has accumulated about 12.15 B in cash with (10.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.23. |
Additional Tools for WPG Stock Analysis
When running WPG Holdings' price analysis, check to measure WPG Holdings' 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 WPG Holdings is operating at the current time. Most of WPG Holdings' value examination focuses on studying past and present price action to predict the probability of WPG Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPG Holdings' price. Additionally, you may evaluate how the addition of WPG Holdings to your portfolios can decrease your overall portfolio volatility.