Hotai Finance (Taiwan) Probability of Future Stock Price Finishing Under 95.14
| 6592 Stock | TWD 85.10 0.80 0.93% |
Hotai |
Hotai Finance Target Price Odds to finish below 95.14
The tendency of Hotai 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 under NT$ 95.14 after 90 days |
| 85.10 | 90 days | 95.14 | about 66.73 |
Based on a normal probability distribution, the odds of Hotai Finance to stay under NT$ 95.14 after 90 days from now is about 66.73 (This Hotai Finance Corp probability density function shows the probability of Hotai Stock to fall within a particular range of prices over 90 days) . Probability of Hotai Finance Corp price to stay between its current price of NT$ 85.10 and NT$ 95.14 at the end of the 90-day period is about 61.67 .
Assuming the 90 days trading horizon Hotai Finance has a beta of 0.0311. This suggests as returns on the market go up, Hotai Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hotai Finance Corp will be expected to be much smaller as well. Additionally Hotai Finance Corp 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. Hotai Finance Price Density |
| Price |
Predictive Modules for Hotai Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hotai Finance 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.Hotai Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hotai Finance is not an exception. The market had few large corrections towards the Hotai Finance'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 Hotai Finance Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hotai Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 4.88 | |
Ir | Information ratio | -0.31 |
Hotai Finance 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 Hotai Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hotai Finance 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.| Hotai Finance Corp generated a negative expected return over the last 90 days | |
| Hotai Finance Corp has accumulated about 537.12 M in cash with (34.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04. | |
| Roughly 70.0% of the company shares are owned by insiders or employees |
Hotai Finance 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 Hotai Stock often depends not only on the future outlook of the current and potential Hotai Finance'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. Hotai Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 515 M |
Hotai Finance Technical Analysis
Hotai Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Hotai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hotai Finance Corp. In general, you should focus on analyzing Hotai Stock price patterns and their correlations with different microeconomic environments and drivers.
Hotai Finance Predictive Forecast Models
Hotai Finance's time-series forecasting models is one of many Hotai Finance'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 Hotai Finance'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 Hotai Finance Corp
Checking the ongoing alerts about Hotai Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hotai Finance Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hotai Finance Corp generated a negative expected return over the last 90 days | |
| Hotai Finance Corp has accumulated about 537.12 M in cash with (34.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04. | |
| Roughly 70.0% of the company shares are owned by insiders or employees |
Additional Tools for Hotai Stock Analysis
When running Hotai Finance's price analysis, check to measure Hotai Finance'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 Hotai Finance is operating at the current time. Most of Hotai Finance's value examination focuses on studying past and present price action to predict the probability of Hotai Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotai Finance's price. Additionally, you may evaluate how the addition of Hotai Finance to your portfolios can decrease your overall portfolio volatility.