MedFirst Healthcare (Taiwan) Probability of Future Stock Price Finishing Under 68.32
| 4175 Stock | TWD 68.70 0.40 0.58% |
MedFirst |
MedFirst Healthcare Target Price Odds to finish below 68.32
The tendency of MedFirst 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$ 68.32 or more in 90 days |
| 68.70 | 90 days | 68.32 | near 1 |
Based on a normal probability distribution, the odds of MedFirst Healthcare to drop to NT$ 68.32 or more in 90 days from now is near 1 (This MedFirst Healthcare Services probability density function shows the probability of MedFirst Stock to fall within a particular range of prices over 90 days) . Probability of MedFirst Healthcare price to stay between NT$ 68.32 and its current price of NT$68.7 at the end of the 90-day period is about 1.09 .
Assuming the 90 days trading horizon MedFirst Healthcare has a beta of 0.15. This suggests as returns on the market go up, MedFirst Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MedFirst Healthcare Services will be expected to be much smaller as well. Additionally MedFirst Healthcare Services 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. MedFirst Healthcare Price Density |
| Price |
Predictive Modules for MedFirst 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 MedFirst Healthcare. 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.MedFirst Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MedFirst Healthcare is not an exception. The market had few large corrections towards the MedFirst 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 MedFirst Healthcare Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MedFirst Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.46 |
MedFirst 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 MedFirst Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MedFirst Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MedFirst Healthcare generated a negative expected return over the last 90 days | |
| MedFirst Healthcare has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| MedFirst Healthcare Services has accumulated 1.38 B in total debt with debt to equity ratio (D/E) of 183.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MedFirst Healthcare has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MedFirst Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, MedFirst Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MedFirst Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MedFirst to invest in growth at high rates of return. When we think about MedFirst Healthcare's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of MedFirst Healthcare shares are owned by insiders or employees |
MedFirst 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 MedFirst Stock often depends not only on the future outlook of the current and potential MedFirst 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. MedFirst Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.1 M |
MedFirst Healthcare Technical Analysis
MedFirst Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. MedFirst Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MedFirst Healthcare Services. In general, you should focus on analyzing MedFirst Stock price patterns and their correlations with different microeconomic environments and drivers.
MedFirst Healthcare Predictive Forecast Models
MedFirst Healthcare's time-series forecasting models is one of many MedFirst 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 MedFirst 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 MedFirst Healthcare
Checking the ongoing alerts about MedFirst Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MedFirst Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MedFirst Healthcare generated a negative expected return over the last 90 days | |
| MedFirst Healthcare has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| MedFirst Healthcare Services has accumulated 1.38 B in total debt with debt to equity ratio (D/E) of 183.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MedFirst Healthcare has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MedFirst Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, MedFirst Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MedFirst Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MedFirst to invest in growth at high rates of return. When we think about MedFirst Healthcare's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of MedFirst Healthcare shares are owned by insiders or employees |
Additional Tools for MedFirst Stock Analysis
When running MedFirst Healthcare's price analysis, check to measure MedFirst 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 MedFirst Healthcare is operating at the current time. Most of MedFirst Healthcare's value examination focuses on studying past and present price action to predict the probability of MedFirst 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 MedFirst Healthcare's price. Additionally, you may evaluate how the addition of MedFirst Healthcare to your portfolios can decrease your overall portfolio volatility.