Roo Hsing (Taiwan) Probability of Future Stock Price Finishing Over 3.01
| 4414 Stock | TWD 3.14 0.09 2.79% |
Roo |
Roo Hsing Target Price Odds to finish over 3.01
The tendency of Roo 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 stay above NT$ 3.01 in 90 days |
| 3.14 | 90 days | 3.01 | about 78.4 |
Based on a normal probability distribution, the odds of Roo Hsing to stay above NT$ 3.01 in 90 days from now is about 78.4 (This Roo Hsing Co probability density function shows the probability of Roo Stock to fall within a particular range of prices over 90 days) . Probability of Roo Hsing price to stay between NT$ 3.01 and its current price of NT$3.14 at the end of the 90-day period is about 34.07 .
Assuming the 90 days trading horizon Roo Hsing Co has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding Roo Hsing are expected to decrease at a much lower rate. During a bear market, however, Roo Hsing Co is likely to outperform the market. Additionally Roo Hsing Co 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. Roo Hsing Price Density |
| Price |
Predictive Modules for Roo Hsing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Roo Hsing. 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.Roo Hsing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Roo Hsing is not an exception. The market had few large corrections towards the Roo Hsing'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 Roo Hsing Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Roo Hsing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.19 |
Roo Hsing 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 Roo Hsing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Roo Hsing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Roo Hsing generated a negative expected return over the last 90 days | |
| The company reported the revenue of 16.49 B. Net Loss for the year was (1.89 B) with profit before overhead, payroll, taxes, and interest of 2.2 B. | |
| About 27.0% of the company shares are owned by insiders or employees |
Roo Hsing 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 Roo Stock often depends not only on the future outlook of the current and potential Roo Hsing'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. Roo Hsing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 818.9 M |
Roo Hsing Technical Analysis
Roo Hsing's future price can be derived by breaking down and analyzing its technical indicators over time. Roo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Roo Hsing Co. In general, you should focus on analyzing Roo Stock price patterns and their correlations with different microeconomic environments and drivers.
Roo Hsing Predictive Forecast Models
Roo Hsing's time-series forecasting models is one of many Roo Hsing'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 Roo Hsing'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 Roo Hsing
Checking the ongoing alerts about Roo Hsing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Roo Hsing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Roo Hsing generated a negative expected return over the last 90 days | |
| The company reported the revenue of 16.49 B. Net Loss for the year was (1.89 B) with profit before overhead, payroll, taxes, and interest of 2.2 B. | |
| About 27.0% of the company shares are owned by insiders or employees |
Additional Tools for Roo Stock Analysis
When running Roo Hsing's price analysis, check to measure Roo Hsing'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 Roo Hsing is operating at the current time. Most of Roo Hsing's value examination focuses on studying past and present price action to predict the probability of Roo Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roo Hsing's price. Additionally, you may evaluate how the addition of Roo Hsing to your portfolios can decrease your overall portfolio volatility.