Shih Wei (Taiwan) Odds of Future Stock Price Finishing Over 20.72
| 5608 Stock | TWD 17.70 0.25 1.39% |
Shih |
Shih Wei Target Price Odds to finish over 20.72
The tendency of Shih 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$ 20.72 or more in 90 days |
| 17.70 | 90 days | 20.72 | near 1 |
Based on a normal probability distribution, the odds of Shih Wei to move over NT$ 20.72 or more in 90 days from now is near 1 (This Shih Wei Navigation probability density function shows the probability of Shih Stock to fall within a particular range of prices over 90 days) . Probability of Shih Wei Navigation price to stay between its current price of NT$ 17.70 and NT$ 20.72 at the end of the 90-day period is about 71.31 .
Assuming the 90 days trading horizon Shih Wei has a beta of 0.0611. This suggests as returns on the market go up, Shih Wei average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shih Wei Navigation will be expected to be much smaller as well. Additionally Shih Wei Navigation 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. Shih Wei Price Density |
| Price |
Predictive Modules for Shih Wei
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shih Wei Navigation. 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.Shih Wei Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shih Wei is not an exception. The market had few large corrections towards the Shih Wei'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 Shih Wei Navigation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shih Wei within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.09 |
Shih Wei 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 Shih Wei for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shih Wei Navigation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shih Wei Navigation generated a negative expected return over the last 90 days | |
| Shih Wei Navigation has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Shih Wei Navigation has accumulated 11.56 B in total debt with debt to equity ratio (D/E) of 372.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shih Wei Navigation has a current ratio of 0.18, 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 Shih Wei until it has trouble settling it off, either with new capital or with free cash flow. So, Shih Wei'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 Shih Wei Navigation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shih to invest in growth at high rates of return. When we think about Shih Wei's use of debt, we should always consider it together with cash and equity. | |
| About 24.0% of Shih Wei shares are owned by insiders or employees |
Shih Wei 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 Shih Stock often depends not only on the future outlook of the current and potential Shih Wei'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. Shih Wei's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 329.3 M |
Shih Wei Technical Analysis
Shih Wei's future price can be derived by breaking down and analyzing its technical indicators over time. Shih Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shih Wei Navigation. In general, you should focus on analyzing Shih Stock price patterns and their correlations with different microeconomic environments and drivers.
Shih Wei Predictive Forecast Models
Shih Wei's time-series forecasting models is one of many Shih Wei'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 Shih Wei'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 Shih Wei Navigation
Checking the ongoing alerts about Shih Wei for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shih Wei Navigation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shih Wei Navigation generated a negative expected return over the last 90 days | |
| Shih Wei Navigation has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Shih Wei Navigation has accumulated 11.56 B in total debt with debt to equity ratio (D/E) of 372.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shih Wei Navigation has a current ratio of 0.18, 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 Shih Wei until it has trouble settling it off, either with new capital or with free cash flow. So, Shih Wei'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 Shih Wei Navigation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shih to invest in growth at high rates of return. When we think about Shih Wei's use of debt, we should always consider it together with cash and equity. | |
| About 24.0% of Shih Wei shares are owned by insiders or employees |
Additional Tools for Shih Stock Analysis
When running Shih Wei's price analysis, check to measure Shih Wei'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 Shih Wei is operating at the current time. Most of Shih Wei's value examination focuses on studying past and present price action to predict the probability of Shih Wei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Wei's price. Additionally, you may evaluate how the addition of Shih Wei to your portfolios can decrease your overall portfolio volatility.