San Shing (Taiwan) Probability of Future Stock Price Finishing Under 55.42
| 5007 Stock | TWD 54.70 0.20 0.36% |
San |
San Shing Target Price Odds to finish below 55.42
The tendency of San 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 under NT$ 55.42 after 90 days |
| 54.70 | 90 days | 55.42 | about 25.5 |
Based on a normal probability distribution, the odds of San Shing to stay under NT$ 55.42 after 90 days from now is about 25.5 (This San Shing Fastech probability density function shows the probability of San Stock to fall within a particular range of prices over 90 days) . Probability of San Shing Fastech price to stay between its current price of NT$ 54.70 and NT$ 55.42 at the end of the 90-day period is about 21.08 .
Assuming the 90 days trading horizon San Shing Fastech has a beta of -0.046. This suggests as returns on the benchmark increase, returns on holding San Shing are expected to decrease at a much lower rate. During a bear market, however, San Shing Fastech is likely to outperform the market. Additionally San Shing Fastech 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. San Shing Price Density |
| Price |
Predictive Modules for San Shing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as San Shing Fastech. 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.San Shing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. San Shing is not an exception. The market had few large corrections towards the San Shing'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 San Shing Fastech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of San Shing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.27 |
San Shing 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 San Shing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for San Shing Fastech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| San Shing Fastech generated a negative expected return over the last 90 days | |
| About 71.0% of the company shares are owned by insiders or employees |
San Shing 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 San Stock often depends not only on the future outlook of the current and potential San Shing'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. San Shing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 294.9 M |
San Shing Technical Analysis
San Shing's future price can be derived by breaking down and analyzing its technical indicators over time. San Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of San Shing Fastech. In general, you should focus on analyzing San Stock price patterns and their correlations with different microeconomic environments and drivers.
San Shing Predictive Forecast Models
San Shing's time-series forecasting models is one of many San Shing'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 San Shing'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 San Shing Fastech
Checking the ongoing alerts about San Shing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for San Shing Fastech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| San Shing Fastech generated a negative expected return over the last 90 days | |
| About 71.0% of the company shares are owned by insiders or employees |
Additional Tools for San Stock Analysis
When running San Shing's price analysis, check to measure San Shing'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 San Shing is operating at the current time. Most of San Shing's value examination focuses on studying past and present price action to predict the probability of San Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Shing's price. Additionally, you may evaluate how the addition of San Shing to your portfolios can decrease your overall portfolio volatility.