Ledtech Electronics (Taiwan) Probability of Future Stock Price Finishing Under 10.55
| 6164 Stock | TWD 14.70 0.35 2.44% |
Ledtech |
Ledtech Electronics Target Price Odds to finish below 10.55
The tendency of Ledtech 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$ 10.55 or more in 90 days |
| 14.70 | 90 days | 10.55 | near 1 |
Based on a normal probability distribution, the odds of Ledtech Electronics to drop to NT$ 10.55 or more in 90 days from now is near 1 (This Ledtech Electronics Corp probability density function shows the probability of Ledtech Stock to fall within a particular range of prices over 90 days) . Probability of Ledtech Electronics Corp price to stay between NT$ 10.55 and its current price of NT$14.7 at the end of the 90-day period is about 42.04 .
Assuming the 90 days trading horizon Ledtech Electronics has a beta of 0.55. This suggests as returns on the market go up, Ledtech Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ledtech Electronics Corp will be expected to be much smaller as well. Additionally Ledtech Electronics Corp has an alpha of 0.011, implying that it can generate a 0.011 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ledtech Electronics Price Density |
| Price |
Predictive Modules for Ledtech 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 Ledtech Electronics Corp. 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.Ledtech Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ledtech Electronics is not an exception. The market had few large corrections towards the Ledtech 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 Ledtech Electronics Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ledtech Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | -0.01 |
Ledtech 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 Ledtech Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ledtech Electronics Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ledtech Electronics had very high historical volatility over the last 90 days | |
| About 19.0% of the company shares are owned by insiders or employees |
Ledtech 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 Ledtech Stock often depends not only on the future outlook of the current and potential Ledtech 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. Ledtech Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100 M |
Ledtech Electronics Technical Analysis
Ledtech Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Ledtech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ledtech Electronics Corp. In general, you should focus on analyzing Ledtech Stock price patterns and their correlations with different microeconomic environments and drivers.
Ledtech Electronics Predictive Forecast Models
Ledtech Electronics' time-series forecasting models is one of many Ledtech 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 Ledtech 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 Ledtech Electronics Corp
Checking the ongoing alerts about Ledtech Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ledtech Electronics Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ledtech Electronics had very high historical volatility over the last 90 days | |
| About 19.0% of the company shares are owned by insiders or employees |
Additional Tools for Ledtech Stock Analysis
When running Ledtech Electronics' price analysis, check to measure Ledtech 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 Ledtech Electronics is operating at the current time. Most of Ledtech Electronics' value examination focuses on studying past and present price action to predict the probability of Ledtech Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ledtech Electronics' price. Additionally, you may evaluate how the addition of Ledtech Electronics to your portfolios can decrease your overall portfolio volatility.