PChome Online (Taiwan) Probability of Future Stock Price Finishing Over 53.23
| 8044 Stock | TWD 54.20 2.50 4.41% |
PChome |
PChome Online Target Price Odds to finish over 53.23
The tendency of PChome 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 above NT$ 53.23 in 90 days |
| 54.20 | 90 days | 53.23 | about 6.37 |
Based on a normal probability distribution, the odds of PChome Online to stay above NT$ 53.23 in 90 days from now is about 6.37 (This PChome Online probability density function shows the probability of PChome Stock to fall within a particular range of prices over 90 days) . Probability of PChome Online price to stay between NT$ 53.23 and its current price of NT$54.2 at the end of the 90-day period is about 1.08 .
Assuming the 90 days trading horizon PChome Online has a beta of 0.97. This suggests PChome Online market returns are correlated to returns on the market. As the market goes up or down, PChome Online is expected to follow. Additionally PChome Online has an alpha of 0.8847, implying that it can generate a 0.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PChome Online Price Density |
| Price |
Predictive Modules for PChome Online
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PChome Online. 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.PChome Online Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PChome Online is not an exception. The market had few large corrections towards the PChome Online'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 PChome Online, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PChome Online within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.88 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 10.47 | |
Ir | Information ratio | 0.22 |
PChome Online 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 PChome Online for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PChome Online can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PChome Online appears to be risky and price may revert if volatility continues | |
| PChome Online has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 23.0% of the company shares are owned by insiders or employees |
PChome Online 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 PChome Stock often depends not only on the future outlook of the current and potential PChome Online'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. PChome Online's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 126.2 M |
PChome Online Technical Analysis
PChome Online's future price can be derived by breaking down and analyzing its technical indicators over time. PChome Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PChome Online. In general, you should focus on analyzing PChome Stock price patterns and their correlations with different microeconomic environments and drivers.
PChome Online Predictive Forecast Models
PChome Online's time-series forecasting models is one of many PChome Online'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 PChome Online'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 PChome Online
Checking the ongoing alerts about PChome Online for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PChome Online help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PChome Online appears to be risky and price may revert if volatility continues | |
| PChome Online has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 23.0% of the company shares are owned by insiders or employees |
Additional Tools for PChome Stock Analysis
When running PChome Online's price analysis, check to measure PChome Online'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 PChome Online is operating at the current time. Most of PChome Online's value examination focuses on studying past and present price action to predict the probability of PChome Online's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PChome Online's price. Additionally, you may evaluate how the addition of PChome Online to your portfolios can decrease your overall portfolio volatility.