Yufo Electronics (Taiwan) Probability of Future Stock Price Finishing Over 33.24
| 6194 Stock | TWD 37.85 0.20 0.53% |
Yufo |
Yufo Electronics Target Price Odds to finish over 33.24
The tendency of Yufo 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 stay above NT$ 33.24 in 90 days |
| 37.85 | 90 days | 33.24 | close to 99 |
Based on a normal probability distribution, the odds of Yufo Electronics to stay above NT$ 33.24 in 90 days from now is close to 99 (This Yufo Electronics Co probability density function shows the probability of Yufo Stock to fall within a particular range of prices over 90 days) . Probability of Yufo Electronics price to stay between NT$ 33.24 and its current price of NT$37.85 at the end of the 90-day period is about 11.44 .
Assuming the 90 days trading horizon Yufo Electronics has a beta of 0.62. This suggests as returns on the market go up, Yufo Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Yufo Electronics Co will be expected to be much smaller as well. Additionally Yufo Electronics Co 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. Yufo Electronics Price Density |
| Price |
Predictive Modules for Yufo 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 Yufo 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.Yufo Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yufo Electronics is not an exception. The market had few large corrections towards the Yufo 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 Yufo Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yufo Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 3.60 | |
Ir | Information ratio | -0.06 |
Yufo 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 Yufo Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yufo 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.| Yufo Electronics generated a negative expected return over the last 90 days | |
| Yufo Electronics has high likelihood to experience some financial distress in the next 2 years | |
| Yufo Electronics Co has accumulated about 770.24 M in cash with (12.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.05. | |
| Roughly 51.0% of the company shares are owned by insiders or employees |
Yufo 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 Yufo Stock often depends not only on the future outlook of the current and potential Yufo 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. Yufo Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60 M |
Yufo Electronics Technical Analysis
Yufo Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Yufo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yufo Electronics Co. In general, you should focus on analyzing Yufo Stock price patterns and their correlations with different microeconomic environments and drivers.
Yufo Electronics Predictive Forecast Models
Yufo Electronics' time-series forecasting models is one of many Yufo 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 Yufo 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 Yufo Electronics
Checking the ongoing alerts about Yufo Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yufo Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yufo Electronics generated a negative expected return over the last 90 days | |
| Yufo Electronics has high likelihood to experience some financial distress in the next 2 years | |
| Yufo Electronics Co has accumulated about 770.24 M in cash with (12.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.05. | |
| Roughly 51.0% of the company shares are owned by insiders or employees |
Additional Tools for Yufo Stock Analysis
When running Yufo Electronics' price analysis, check to measure Yufo 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 Yufo Electronics is operating at the current time. Most of Yufo Electronics' value examination focuses on studying past and present price action to predict the probability of Yufo Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yufo Electronics' price. Additionally, you may evaluate how the addition of Yufo Electronics to your portfolios can decrease your overall portfolio volatility.