Far EasTone (Taiwan) Probability of Future Stock Price Finishing Over 90.34
| 4904 Stock | TWD 89.90 0.80 0.88% |
Far |
Far EasTone Target Price Odds to finish over 90.34
The tendency of Far 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$ 90.34 or more in 90 days |
| 89.90 | 90 days | 90.34 | about 42.16 |
Based on a normal probability distribution, the odds of Far EasTone to move over NT$ 90.34 or more in 90 days from now is about 42.16 (This Far EasTone Telecommunications probability density function shows the probability of Far Stock to fall within a particular range of prices over 90 days) . Probability of Far EasTone Telecomm price to stay between its current price of NT$ 89.90 and NT$ 90.34 at the end of the 90-day period is about 9.86 .
Assuming the 90 days trading horizon Far EasTone Telecommunications has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding Far EasTone are expected to decrease at a much lower rate. During a bear market, however, Far EasTone Telecommunications is likely to outperform the market. Additionally Far EasTone Telecommunications 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. Far EasTone Price Density |
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Predictive Modules for Far EasTone
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Far EasTone Telecomm. 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.Far EasTone Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Far EasTone is not an exception. The market had few large corrections towards the Far EasTone'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 Far EasTone Telecommunications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Far EasTone within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0082 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 1.77 | |
Ir | Information ratio | -0.15 |
Far EasTone 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 Far EasTone for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Far EasTone Telecomm can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Far EasTone Telecomm generated a negative expected return over the last 90 days | |
| Far EasTone Telecommunications has accumulated 53.34 B in total debt with debt to equity ratio (D/E) of 44.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Far EasTone Telecomm has a current ratio of 0.91, 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 Far EasTone until it has trouble settling it off, either with new capital or with free cash flow. So, Far EasTone'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 Far EasTone Telecomm sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Far to invest in growth at high rates of return. When we think about Far EasTone's use of debt, we should always consider it together with cash and equity. | |
| About 46.0% of Far EasTone shares are owned by insiders or employees |
Far EasTone 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 Far Stock often depends not only on the future outlook of the current and potential Far EasTone'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. Far EasTone's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.3 B |
Far EasTone Technical Analysis
Far EasTone's future price can be derived by breaking down and analyzing its technical indicators over time. Far Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Far EasTone Telecommunications. In general, you should focus on analyzing Far Stock price patterns and their correlations with different microeconomic environments and drivers.
Far EasTone Predictive Forecast Models
Far EasTone's time-series forecasting models is one of many Far EasTone'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 Far EasTone'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 Far EasTone Telecomm
Checking the ongoing alerts about Far EasTone for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Far EasTone Telecomm help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Far EasTone Telecomm generated a negative expected return over the last 90 days | |
| Far EasTone Telecommunications has accumulated 53.34 B in total debt with debt to equity ratio (D/E) of 44.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Far EasTone Telecomm has a current ratio of 0.91, 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 Far EasTone until it has trouble settling it off, either with new capital or with free cash flow. So, Far EasTone'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 Far EasTone Telecomm sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Far to invest in growth at high rates of return. When we think about Far EasTone's use of debt, we should always consider it together with cash and equity. | |
| About 46.0% of Far EasTone shares are owned by insiders or employees |
Additional Tools for Far Stock Analysis
When running Far EasTone's price analysis, check to measure Far EasTone'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 Far EasTone is operating at the current time. Most of Far EasTone's value examination focuses on studying past and present price action to predict the probability of Far EasTone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far EasTone's price. Additionally, you may evaluate how the addition of Far EasTone to your portfolios can decrease your overall portfolio volatility.