Te Chang (Taiwan) Odds of Future Stock Price Finishing Under 60.85
| 5511 Stock | TWD 62.80 0.70 1.13% |
5511 |
Te Chang Target Price Odds to finish below 60.85
The tendency of 5511 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$ 60.85 or more in 90 days |
| 62.80 | 90 days | 60.85 | about 69.5 |
Based on a normal probability distribution, the odds of Te Chang to drop to NT$ 60.85 or more in 90 days from now is about 69.5 (This Te Chang Construction probability density function shows the probability of 5511 Stock to fall within a particular range of prices over 90 days) . Probability of Te Chang Construction price to stay between NT$ 60.85 and its current price of NT$62.8 at the end of the 90-day period is about 21.98 .
Assuming the 90 days trading horizon Te Chang has a beta of 0.24. This suggests as returns on the market go up, Te Chang average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Te Chang Construction will be expected to be much smaller as well. Additionally Te Chang Construction 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. Te Chang Price Density |
| Price |
Predictive Modules for Te Chang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Te Chang Construction. 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.Te Chang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Te Chang is not an exception. The market had few large corrections towards the Te Chang'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 Te Chang Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Te Chang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0085 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 2.24 | |
Ir | Information ratio | -0.09 |
Te Chang 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 Te Chang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Te Chang Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Te Chang generates negative cash flow from operations | |
| About 48.0% of the company shares are owned by insiders or employees |
Te Chang 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 5511 Stock often depends not only on the future outlook of the current and potential Te Chang'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. Te Chang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 113.4 M |
Te Chang Technical Analysis
Te Chang's future price can be derived by breaking down and analyzing its technical indicators over time. 5511 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Te Chang Construction. In general, you should focus on analyzing 5511 Stock price patterns and their correlations with different microeconomic environments and drivers.
Te Chang Predictive Forecast Models
Te Chang's time-series forecasting models is one of many Te Chang'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 Te Chang'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 Te Chang Construction
Checking the ongoing alerts about Te Chang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Te Chang Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Te Chang generates negative cash flow from operations | |
| About 48.0% of the company shares are owned by insiders or employees |
Additional Tools for 5511 Stock Analysis
When running Te Chang's price analysis, check to measure Te Chang'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 Te Chang is operating at the current time. Most of Te Chang's value examination focuses on studying past and present price action to predict the probability of Te Chang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Te Chang's price. Additionally, you may evaluate how the addition of Te Chang to your portfolios can decrease your overall portfolio volatility.