Prime Electronics (Taiwan) Probability of Future Stock Price Finishing Over 16.0
| 6152 Stock | TWD 13.35 0.10 0.75% |
Prime |
Prime Electronics Target Price Odds to finish over 16.0
The tendency of Prime 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$ 16.00 or more in 90 days |
| 13.35 | 90 days | 16.00 | about 49.11 |
Based on a normal probability distribution, the odds of Prime Electronics to move over NT$ 16.00 or more in 90 days from now is about 49.11 (This Prime Electronics Satellitics probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) . Probability of Prime Electronics price to stay between its current price of NT$ 13.35 and NT$ 16.00 at the end of the 90-day period is about 48.36 .
Assuming the 90 days trading horizon Prime Electronics Satellitics has a beta of -0.24. This suggests as returns on the benchmark increase, returns on holding Prime Electronics are expected to decrease at a much lower rate. During a bear market, however, Prime Electronics Satellitics is likely to outperform the market. Additionally Prime Electronics Satellitics 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. Prime Electronics Price Density |
| Price |
Predictive Modules for Prime Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Electronics. 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.Prime Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prime Electronics is not an exception. The market had few large corrections towards the Prime Electronics' 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 Prime Electronics Satellitics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prime Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.09 |
Prime Electronics 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 Prime Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prime Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prime Electronics generated a negative expected return over the last 90 days | |
| Prime Electronics has high historical volatility and very poor performance | |
| Prime Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Prime Electronics Satellitics has accumulated about 1.17 B in cash with (97.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.99. | |
| Roughly 22.0% of the company shares are owned by insiders or employees |
Prime Electronics 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 Prime Stock often depends not only on the future outlook of the current and potential Prime Electronics' 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. Prime Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 167.7 M |
Prime Electronics Technical Analysis
Prime Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Prime Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prime Electronics Satellitics. In general, you should focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environments and drivers.
Prime Electronics Predictive Forecast Models
Prime Electronics' time-series forecasting models is one of many Prime Electronics' 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 Prime Electronics' 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 Prime Electronics
Checking the ongoing alerts about Prime Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prime Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prime Electronics generated a negative expected return over the last 90 days | |
| Prime Electronics has high historical volatility and very poor performance | |
| Prime Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Prime Electronics Satellitics has accumulated about 1.17 B in cash with (97.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.99. | |
| Roughly 22.0% of the company shares are owned by insiders or employees |
Additional Tools for Prime Stock Analysis
When running Prime Electronics' price analysis, check to measure Prime Electronics' 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 Prime Electronics is operating at the current time. Most of Prime Electronics' value examination focuses on studying past and present price action to predict the probability of Prime Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Electronics' price. Additionally, you may evaluate how the addition of Prime Electronics to your portfolios can decrease your overall portfolio volatility.