Gemtek Technology (Taiwan) Probability of Future Stock Price Finishing Under 31.63
| 4906 Stock | TWD 36.50 0.85 2.38% |
Gemtek |
Gemtek Technology Target Price Odds to finish below 31.63
The tendency of Gemtek 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$ 31.63 or more in 90 days |
| 36.50 | 90 days | 31.63 | near 1 |
Based on a normal probability distribution, the odds of Gemtek Technology to drop to NT$ 31.63 or more in 90 days from now is near 1 (This Gemtek Technology Co probability density function shows the probability of Gemtek Stock to fall within a particular range of prices over 90 days) . Probability of Gemtek Technology price to stay between NT$ 31.63 and its current price of NT$36.5 at the end of the 90-day period is about 21.79 .
Assuming the 90 days trading horizon Gemtek Technology has a beta of 0.12. This suggests as returns on the market go up, Gemtek Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gemtek Technology Co will be expected to be much smaller as well. Additionally Gemtek Technology 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. Gemtek Technology Price Density |
| Price |
Predictive Modules for Gemtek Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gemtek Technology. 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.Gemtek Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gemtek Technology is not an exception. The market had few large corrections towards the Gemtek Technology'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 Gemtek Technology Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gemtek Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 2.50 | |
Ir | Information ratio | -0.2 |
Gemtek Technology 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 Gemtek Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gemtek Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gemtek Technology generated a negative expected return over the last 90 days | |
| Gemtek Technology Co has accumulated about 2.61 B in cash with (572.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.31. |
Gemtek Technology 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 Gemtek Stock often depends not only on the future outlook of the current and potential Gemtek Technology'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. Gemtek Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 362.9 M |
Gemtek Technology Technical Analysis
Gemtek Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Gemtek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gemtek Technology Co. In general, you should focus on analyzing Gemtek Stock price patterns and their correlations with different microeconomic environments and drivers.
Gemtek Technology Predictive Forecast Models
Gemtek Technology's time-series forecasting models is one of many Gemtek Technology'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 Gemtek Technology'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 Gemtek Technology
Checking the ongoing alerts about Gemtek Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gemtek Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gemtek Technology generated a negative expected return over the last 90 days | |
| Gemtek Technology Co has accumulated about 2.61 B in cash with (572.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.31. |
Additional Tools for Gemtek Stock Analysis
When running Gemtek Technology's price analysis, check to measure Gemtek Technology'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 Gemtek Technology is operating at the current time. Most of Gemtek Technology's value examination focuses on studying past and present price action to predict the probability of Gemtek Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gemtek Technology's price. Additionally, you may evaluate how the addition of Gemtek Technology to your portfolios can decrease your overall portfolio volatility.