CHC Healthcare (Taiwan) Probability of Future Stock Price Finishing Under 39.9
| 4164 Stock | TWD 39.90 0.10 0.25% |
CHC |
CHC Healthcare Target Price Odds to finish below 39.9
The tendency of CHC 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 below current price in 90 days |
| 39.90 | 90 days | 39.90 | nearly 4.33 |
Based on a normal probability distribution, the odds of CHC Healthcare to move below current price in 90 days from now is nearly 4.33 (This CHC Healthcare Group probability density function shows the probability of CHC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CHC Healthcare has a beta of 0.23. This suggests as returns on the market go up, CHC Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CHC Healthcare Group will be expected to be much smaller as well. Additionally CHC Healthcare Group 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. CHC Healthcare Price Density |
| Price |
Predictive Modules for CHC Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHC Healthcare Group. 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.CHC Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHC Healthcare is not an exception. The market had few large corrections towards the CHC Healthcare'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 CHC Healthcare Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHC Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | -0.14 |
CHC Healthcare 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 CHC Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHC Healthcare Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHC Healthcare Group generated a negative expected return over the last 90 days | |
| CHC Healthcare Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 42.0% of the company shares are owned by insiders or employees |
CHC Healthcare 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 CHC Stock often depends not only on the future outlook of the current and potential CHC Healthcare'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. CHC Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 161 M |
CHC Healthcare Technical Analysis
CHC Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. CHC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHC Healthcare Group. In general, you should focus on analyzing CHC Stock price patterns and their correlations with different microeconomic environments and drivers.
CHC Healthcare Predictive Forecast Models
CHC Healthcare's time-series forecasting models is one of many CHC Healthcare'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 CHC Healthcare'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 CHC Healthcare Group
Checking the ongoing alerts about CHC Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHC Healthcare Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHC Healthcare Group generated a negative expected return over the last 90 days | |
| CHC Healthcare Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 42.0% of the company shares are owned by insiders or employees |
Additional Tools for CHC Stock Analysis
When running CHC Healthcare's price analysis, check to measure CHC Healthcare'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 CHC Healthcare is operating at the current time. Most of CHC Healthcare's value examination focuses on studying past and present price action to predict the probability of CHC Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHC Healthcare's price. Additionally, you may evaluate how the addition of CHC Healthcare to your portfolios can decrease your overall portfolio volatility.