Luo Lih (Taiwan) Odds of Future Stock Price Finishing Under 53.83
| 6666 Stock | 55.80 0.20 0.36% |
Luo |
Luo Lih Target Price Odds to finish below 53.83
The tendency of Luo 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 53.83 or more in 90 days |
| 55.80 | 90 days | 53.83 | under 4 |
Based on a normal probability distribution, the odds of Luo Lih to drop to 53.83 or more in 90 days from now is under 4 (This Luo Lih Fen probability density function shows the probability of Luo Stock to fall within a particular range of prices over 90 days) . Probability of Luo Lih Fen price to stay between 53.83 and its current price of 55.8 at the end of the 90-day period is about 7.93 .
Assuming the 90 days trading horizon Luo Lih Fen has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding Luo Lih are expected to decrease at a much lower rate. During a bear market, however, Luo Lih Fen is likely to outperform the market. Additionally Luo Lih Fen 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. Luo Lih Price Density |
| Price |
Predictive Modules for Luo Lih
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Luo Lih Fen. 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.Luo Lih Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Luo Lih is not an exception. The market had few large corrections towards the Luo Lih'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 Luo Lih Fen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Luo Lih within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 3.25 | |
Ir | Information ratio | -0.09 |
Luo Lih 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 Luo Lih for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Luo Lih Fen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Luo Lih Fen generated a negative expected return over the last 90 days | |
| About 82.0% of the company shares are owned by insiders or employees |
Luo Lih 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 Luo Stock often depends not only on the future outlook of the current and potential Luo Lih'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. Luo Lih's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.4 M | |
| Dividends Paid | 94.8 M | |
| Short Long Term Debt | 140 K |
Luo Lih Technical Analysis
Luo Lih's future price can be derived by breaking down and analyzing its technical indicators over time. Luo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Luo Lih Fen. In general, you should focus on analyzing Luo Stock price patterns and their correlations with different microeconomic environments and drivers.
Luo Lih Predictive Forecast Models
Luo Lih's time-series forecasting models is one of many Luo Lih'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 Luo Lih'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 Luo Lih Fen
Checking the ongoing alerts about Luo Lih for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Luo Lih Fen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Luo Lih Fen generated a negative expected return over the last 90 days | |
| About 82.0% of the company shares are owned by insiders or employees |
Additional Tools for Luo Stock Analysis
When running Luo Lih's price analysis, check to measure Luo Lih'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 Luo Lih is operating at the current time. Most of Luo Lih's value examination focuses on studying past and present price action to predict the probability of Luo Lih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luo Lih's price. Additionally, you may evaluate how the addition of Luo Lih to your portfolios can decrease your overall portfolio volatility.