Ibase Gaming (Taiwan) Probability of Future Stock Price Finishing Under 31.85
| 6441 Stock | TWD 39.55 0.75 1.86% |
Ibase |
Ibase Gaming Target Price Odds to finish below 31.85
The tendency of Ibase 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$ 31.85 or more in 90 days |
| 39.55 | 90 days | 31.85 | near 1 |
Based on a normal probability distribution, the odds of Ibase Gaming to drop to NT$ 31.85 or more in 90 days from now is near 1 (This Ibase Gaming probability density function shows the probability of Ibase Stock to fall within a particular range of prices over 90 days) . Probability of Ibase Gaming price to stay between NT$ 31.85 and its current price of NT$39.55 at the end of the 90-day period is about 7.22 .
Assuming the 90 days trading horizon Ibase Gaming has a beta of -0.41. This suggests as returns on the benchmark increase, returns on holding Ibase Gaming are expected to decrease at a much lower rate. During a bear market, however, Ibase Gaming is likely to outperform the market. Additionally Ibase Gaming 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. Ibase Gaming Price Density |
| Price |
Predictive Modules for Ibase Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ibase Gaming. 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.Ibase Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ibase Gaming is not an exception. The market had few large corrections towards the Ibase Gaming'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 Ibase Gaming, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ibase Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 2.07 | |
Ir | Information ratio | -0.11 |
Ibase Gaming 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 Ibase Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ibase Gaming can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ibase Gaming generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.53 B. Net Loss for the year was (122.49 M) with profit before overhead, payroll, taxes, and interest of 102.8 M. | |
| Ibase Gaming has accumulated about 506.89 M in cash with (23.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.14. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Ibase Gaming 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 Ibase Stock often depends not only on the future outlook of the current and potential Ibase Gaming'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. Ibase Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.4 M |
Ibase Gaming Technical Analysis
Ibase Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Ibase Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ibase Gaming. In general, you should focus on analyzing Ibase Stock price patterns and their correlations with different microeconomic environments and drivers.
Ibase Gaming Predictive Forecast Models
Ibase Gaming's time-series forecasting models is one of many Ibase Gaming'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 Ibase Gaming'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 Ibase Gaming
Checking the ongoing alerts about Ibase Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ibase Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ibase Gaming generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.53 B. Net Loss for the year was (122.49 M) with profit before overhead, payroll, taxes, and interest of 102.8 M. | |
| Ibase Gaming has accumulated about 506.89 M in cash with (23.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.14. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Additional Tools for Ibase Stock Analysis
When running Ibase Gaming's price analysis, check to measure Ibase Gaming'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 Ibase Gaming is operating at the current time. Most of Ibase Gaming's value examination focuses on studying past and present price action to predict the probability of Ibase Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ibase Gaming's price. Additionally, you may evaluate how the addition of Ibase Gaming to your portfolios can decrease your overall portfolio volatility.