Galaxy Software (Taiwan) Probability of Future Stock Price Finishing Under 107.14
| 6752 Stock | TWD 119.50 1.00 0.84% |
Galaxy |
Galaxy Software Target Price Odds to finish below 107.14
The tendency of Galaxy 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$ 107.14 or more in 90 days |
| 119.50 | 90 days | 107.14 | near 1 |
Based on a normal probability distribution, the odds of Galaxy Software to drop to NT$ 107.14 or more in 90 days from now is near 1 (This Galaxy Software Services probability density function shows the probability of Galaxy Stock to fall within a particular range of prices over 90 days) . Probability of Galaxy Software Services price to stay between NT$ 107.14 and its current price of NT$119.5 at the end of the 90-day period is about 55.07 .
Assuming the 90 days trading horizon Galaxy Software Services has a beta of -0.41. This suggests as returns on the benchmark increase, returns on holding Galaxy Software are expected to decrease at a much lower rate. During a bear market, however, Galaxy Software Services is likely to outperform the market. Additionally Galaxy Software Services has an alpha of 0.1582, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Galaxy Software Price Density |
| Price |
Predictive Modules for Galaxy Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galaxy Software Services. 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.Galaxy Software Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galaxy Software is not an exception. The market had few large corrections towards the Galaxy Software'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 Galaxy Software Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galaxy Software within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 4.13 | |
Ir | Information ratio | -0.01 |
Galaxy Software Technical Analysis
Galaxy Software's future price can be derived by breaking down and analyzing its technical indicators over time. Galaxy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galaxy Software Services. In general, you should focus on analyzing Galaxy Stock price patterns and their correlations with different microeconomic environments and drivers.
Galaxy Software Predictive Forecast Models
Galaxy Software's time-series forecasting models is one of many Galaxy Software'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 Galaxy Software'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Galaxy Software in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Galaxy Software's short interest history, or implied volatility extrapolated from Galaxy Software options trading.
Additional Tools for Galaxy Stock Analysis
When running Galaxy Software's price analysis, check to measure Galaxy Software'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 Galaxy Software is operating at the current time. Most of Galaxy Software's value examination focuses on studying past and present price action to predict the probability of Galaxy Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Software's price. Additionally, you may evaluate how the addition of Galaxy Software to your portfolios can decrease your overall portfolio volatility.