Cameo Communications (Taiwan) Probability of Future Stock Price Finishing Under 11.8
| 6142 Stock | TWD 12.10 0.10 0.83% |
Cameo |
Cameo Communications Target Price Odds to finish below 11.8
The tendency of Cameo 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$ 11.80 or more in 90 days |
| 12.10 | 90 days | 11.80 | about 75.53 |
Based on a normal probability distribution, the odds of Cameo Communications to drop to NT$ 11.80 or more in 90 days from now is about 75.53 (This Cameo Communications probability density function shows the probability of Cameo Stock to fall within a particular range of prices over 90 days) . Probability of Cameo Communications price to stay between NT$ 11.80 and its current price of NT$12.1 at the end of the 90-day period is about 10.22 .
Assuming the 90 days trading horizon Cameo Communications has a beta of 0.85. This suggests Cameo Communications market returns are correlated to returns on the market. As the market goes up or down, Cameo Communications is expected to follow. Additionally Cameo Communications has an alpha of 0.1719, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cameo Communications Price Density |
| Price |
Predictive Modules for Cameo Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cameo Communications. 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.Cameo Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cameo Communications is not an exception. The market had few large corrections towards the Cameo Communications' 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 Cameo Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cameo Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | 0.05 |
Cameo Communications 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 Cameo Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cameo Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cameo Communications had very high historical volatility over the last 90 days | |
| Cameo Communications has accumulated about 1.08 B in cash with (347.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.01. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Cameo Communications 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 Cameo Stock often depends not only on the future outlook of the current and potential Cameo Communications' 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. Cameo Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 330.8 M | |
| Short Long Term Debt | 127.5 M | |
| Shares Float | 326.6 M |
Cameo Communications Technical Analysis
Cameo Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Cameo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cameo Communications. In general, you should focus on analyzing Cameo Stock price patterns and their correlations with different microeconomic environments and drivers.
Cameo Communications Predictive Forecast Models
Cameo Communications' time-series forecasting models is one of many Cameo Communications' 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 Cameo Communications' 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 Cameo Communications
Checking the ongoing alerts about Cameo Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cameo Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cameo Communications had very high historical volatility over the last 90 days | |
| Cameo Communications has accumulated about 1.08 B in cash with (347.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.01. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Additional Tools for Cameo Stock Analysis
When running Cameo Communications' price analysis, check to measure Cameo Communications' 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 Cameo Communications is operating at the current time. Most of Cameo Communications' value examination focuses on studying past and present price action to predict the probability of Cameo Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cameo Communications' price. Additionally, you may evaluate how the addition of Cameo Communications to your portfolios can decrease your overall portfolio volatility.