Jia Jie (Taiwan) Odds of Future Stock Price Finishing Under 22.59
| 4109 Stock | TWD 24.40 0.05 0.21% |
Jia |
Jia Jie Target Price Odds to finish below 22.59
The tendency of Jia 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$ 22.59 or more in 90 days |
| 24.40 | 90 days | 22.59 | near 1 |
Based on a normal probability distribution, the odds of Jia Jie to drop to NT$ 22.59 or more in 90 days from now is near 1 (This Jia Jie Biomedical probability density function shows the probability of Jia Stock to fall within a particular range of prices over 90 days) . Probability of Jia Jie Biomedical price to stay between NT$ 22.59 and its current price of NT$24.4 at the end of the 90-day period is about 5.34 .
Assuming the 90 days trading horizon Jia Jie Biomedical has a beta of -0.14. This suggests as returns on the benchmark increase, returns on holding Jia Jie are expected to decrease at a much lower rate. During a bear market, however, Jia Jie Biomedical is likely to outperform the market. Additionally Jia Jie Biomedical 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. Jia Jie Price Density |
| Price |
Predictive Modules for Jia Jie
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jia Jie Biomedical. 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.Jia Jie Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jia Jie is not an exception. The market had few large corrections towards the Jia Jie'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 Jia Jie Biomedical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jia Jie within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 1.97 | |
Ir | Information ratio | -0.28 |
Jia Jie 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 Jia Jie for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jia Jie Biomedical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jia Jie Biomedical generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
Jia Jie 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 Jia Stock often depends not only on the future outlook of the current and potential Jia Jie'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. Jia Jie's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.9 M | |
| Short Long Term Debt | 166 K |
Jia Jie Technical Analysis
Jia Jie's future price can be derived by breaking down and analyzing its technical indicators over time. Jia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jia Jie Biomedical. In general, you should focus on analyzing Jia Stock price patterns and their correlations with different microeconomic environments and drivers.
Jia Jie Predictive Forecast Models
Jia Jie's time-series forecasting models is one of many Jia Jie'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 Jia Jie'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 Jia Jie Biomedical
Checking the ongoing alerts about Jia Jie for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jia Jie Biomedical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jia Jie Biomedical generated a negative expected return over the last 90 days | |
| About 42.0% of the company shares are owned by insiders or employees |
Additional Tools for Jia Stock Analysis
When running Jia Jie's price analysis, check to measure Jia Jie'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 Jia Jie is operating at the current time. Most of Jia Jie's value examination focuses on studying past and present price action to predict the probability of Jia Jie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jia Jie's price. Additionally, you may evaluate how the addition of Jia Jie to your portfolios can decrease your overall portfolio volatility.