Healthconn Corp (Taiwan) Probability of Future Stock Price Finishing Under 21.15
| 6665 Stock | TWD 20.60 0.40 1.90% |
Healthconn |
Healthconn Corp Target Price Odds to finish below 21.15
The tendency of Healthconn 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$ 21.15 after 90 days |
| 20.60 | 90 days | 21.15 | about 11.18 |
Based on a normal probability distribution, the odds of Healthconn Corp to stay under NT$ 21.15 after 90 days from now is about 11.18 (This Healthconn Corp probability density function shows the probability of Healthconn Stock to fall within a particular range of prices over 90 days) . Probability of Healthconn Corp price to stay between its current price of NT$ 20.60 and NT$ 21.15 at the end of the 90-day period is about 6.43 .
Assuming the 90 days trading horizon Healthconn Corp has a beta of 0.28. This suggests as returns on the market go up, Healthconn Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Healthconn Corp will be expected to be much smaller as well. Additionally Healthconn 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. Healthconn Corp Price Density |
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Predictive Modules for Healthconn Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Healthconn 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.Healthconn Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Healthconn Corp is not an exception. The market had few large corrections towards the Healthconn Corp'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 Healthconn Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Healthconn Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | -0.2 |
Healthconn Corp 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 Healthconn Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Healthconn 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.| Healthconn Corp generated a negative expected return over the last 90 days |
Healthconn Corp Technical Analysis
Healthconn Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Healthconn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Healthconn Corp. In general, you should focus on analyzing Healthconn Stock price patterns and their correlations with different microeconomic environments and drivers.
Healthconn Corp Predictive Forecast Models
Healthconn Corp's time-series forecasting models is one of many Healthconn Corp'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 Healthconn Corp'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 Healthconn Corp
Checking the ongoing alerts about Healthconn Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Healthconn Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Healthconn Corp generated a negative expected return over the last 90 days |
Additional Tools for Healthconn Stock Analysis
When running Healthconn Corp's price analysis, check to measure Healthconn Corp'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 Healthconn Corp is operating at the current time. Most of Healthconn Corp's value examination focuses on studying past and present price action to predict the probability of Healthconn Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthconn Corp's price. Additionally, you may evaluate how the addition of Healthconn Corp to your portfolios can decrease your overall portfolio volatility.