Compal Broadband (Taiwan) Probability of Future Stock Price Finishing Under 21.50
| 6674 Stock | TWD 27.65 0.95 3.32% |
Compal |
Compal Broadband Target Price Odds to finish below 21.50
The tendency of Compal 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$ 21.50 or more in 90 days |
| 27.65 | 90 days | 21.50 | near 1 |
Based on a normal probability distribution, the odds of Compal Broadband to drop to NT$ 21.50 or more in 90 days from now is near 1 (This Compal Broadband Networks probability density function shows the probability of Compal Stock to fall within a particular range of prices over 90 days) . Probability of Compal Broadband Networks price to stay between NT$ 21.50 and its current price of NT$27.65 at the end of the 90-day period is more than 93.0 .
Assuming the 90 days trading horizon Compal Broadband Networks has a beta of -0.46. This suggests as returns on the benchmark increase, returns on holding Compal Broadband are expected to decrease at a much lower rate. During a bear market, however, Compal Broadband Networks is likely to outperform the market. Additionally Compal Broadband Networks has an alpha of 0.2811, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Compal Broadband Price Density |
| Price |
Predictive Modules for Compal Broadband
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compal Broadband Networks. 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.Compal Broadband Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compal Broadband is not an exception. The market had few large corrections towards the Compal Broadband'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 Compal Broadband Networks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compal Broadband within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.46 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0.04 |
Compal Broadband 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 Compal Broadband for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compal Broadband Networks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compal Broadband Networks has accumulated about 1.31 B in cash with (287.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.61. | |
| Roughly 80.0% of the company shares are owned by insiders or employees |
Compal Broadband 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 Compal Stock often depends not only on the future outlook of the current and potential Compal Broadband'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. Compal Broadband's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67 M |
Compal Broadband Technical Analysis
Compal Broadband's future price can be derived by breaking down and analyzing its technical indicators over time. Compal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compal Broadband Networks. In general, you should focus on analyzing Compal Stock price patterns and their correlations with different microeconomic environments and drivers.
Compal Broadband Predictive Forecast Models
Compal Broadband's time-series forecasting models is one of many Compal Broadband'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 Compal Broadband'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 Compal Broadband Networks
Checking the ongoing alerts about Compal Broadband for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compal Broadband Networks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compal Broadband Networks has accumulated about 1.31 B in cash with (287.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.61. | |
| Roughly 80.0% of the company shares are owned by insiders or employees |
Additional Tools for Compal Stock Analysis
When running Compal Broadband's price analysis, check to measure Compal Broadband'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 Compal Broadband is operating at the current time. Most of Compal Broadband's value examination focuses on studying past and present price action to predict the probability of Compal Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compal Broadband's price. Additionally, you may evaluate how the addition of Compal Broadband to your portfolios can decrease your overall portfolio volatility.