Fun Yours (Taiwan) Probability of Future Stock Price Finishing Over 42.42
| 6482 Stock | TWD 50.10 0.30 0.60% |
Fun |
Fun Yours Target Price Odds to finish over 42.42
The tendency of Fun 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$ 42.42 in 90 days |
| 50.10 | 90 days | 42.42 | close to 99 |
Based on a normal probability distribution, the odds of Fun Yours to stay above NT$ 42.42 in 90 days from now is close to 99 (This Fun Yours Technology probability density function shows the probability of Fun Stock to fall within a particular range of prices over 90 days) . Probability of Fun Yours Technology price to stay between NT$ 42.42 and its current price of NT$50.1 at the end of the 90-day period is about 45.83 .
Assuming the 90 days trading horizon Fun Yours Technology has a beta of -0.01. This suggests as returns on the benchmark increase, returns on holding Fun Yours are expected to decrease at a much lower rate. During a bear market, however, Fun Yours Technology is likely to outperform the market. Additionally Fun Yours Technology has an alpha of 0.0307, implying that it can generate a 0.0307 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fun Yours Price Density |
| Price |
Predictive Modules for Fun Yours
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fun Yours Technology. 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.Fun Yours Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fun Yours is not an exception. The market had few large corrections towards the Fun Yours' 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 Fun Yours Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fun Yours within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 1.06 | |
Ir | Information ratio | -0.06 |
Fun Yours 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 Fun Yours for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fun Yours Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fun Yours Technology generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are owned by insiders or employees |
Fun Yours 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 Fun Stock often depends not only on the future outlook of the current and potential Fun Yours' 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. Fun Yours' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17 M | |
| Short Long Term Debt | 1.7 M |
Fun Yours Technical Analysis
Fun Yours' future price can be derived by breaking down and analyzing its technical indicators over time. Fun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fun Yours Technology. In general, you should focus on analyzing Fun Stock price patterns and their correlations with different microeconomic environments and drivers.
Fun Yours Predictive Forecast Models
Fun Yours' time-series forecasting models is one of many Fun Yours' 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 Fun Yours' 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 Fun Yours Technology
Checking the ongoing alerts about Fun Yours for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fun Yours Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fun Yours Technology generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are owned by insiders or employees |
Additional Tools for Fun Stock Analysis
When running Fun Yours' price analysis, check to measure Fun Yours' 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 Fun Yours is operating at the current time. Most of Fun Yours' value examination focuses on studying past and present price action to predict the probability of Fun Yours' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fun Yours' price. Additionally, you may evaluate how the addition of Fun Yours to your portfolios can decrease your overall portfolio volatility.