Formosa Electronic (Taiwan) Probability of Future Stock Price Finishing Under 47.84
| 8171 Stock | TWD 43.15 1.55 3.73% |
Formosa |
Formosa Electronic Target Price Odds to finish below 47.84
The tendency of Formosa 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$ 47.84 after 90 days |
| 43.15 | 90 days | 47.84 | close to 99 |
Based on a normal probability distribution, the odds of Formosa Electronic to stay under NT$ 47.84 after 90 days from now is close to 99 (This Formosa Electronic Industries probability density function shows the probability of Formosa Stock to fall within a particular range of prices over 90 days) . Probability of Formosa Electronic price to stay between its current price of NT$ 43.15 and NT$ 47.84 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Formosa Electronic Industries has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding Formosa Electronic are expected to decrease at a much lower rate. During a bear market, however, Formosa Electronic Industries is likely to outperform the market. Additionally Formosa Electronic Industries has an alpha of 0.5545, implying that it can generate a 0.55 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Formosa Electronic Price Density |
| Price |
Predictive Modules for Formosa Electronic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Formosa Electronic. 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.Formosa Electronic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Formosa Electronic is not an exception. The market had few large corrections towards the Formosa Electronic'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 Formosa Electronic Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Formosa Electronic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.55 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 3.30 | |
Ir | Information ratio | 0.12 |
Formosa Electronic 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 Formosa Electronic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Formosa Electronic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Formosa Electronic appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 905.57 M. Net Loss for the year was (68.18 M) with profit before overhead, payroll, taxes, and interest of 51.36 M. | |
| Formosa Electronic Industries has accumulated about 204.02 M in cash with (232.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.02. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
Formosa Electronic 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 Formosa Stock often depends not only on the future outlook of the current and potential Formosa Electronic'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. Formosa Electronic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.7 M |
Formosa Electronic Technical Analysis
Formosa Electronic's future price can be derived by breaking down and analyzing its technical indicators over time. Formosa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Formosa Electronic Industries. In general, you should focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environments and drivers.
Formosa Electronic Predictive Forecast Models
Formosa Electronic's time-series forecasting models is one of many Formosa Electronic'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 Formosa Electronic'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 Formosa Electronic
Checking the ongoing alerts about Formosa Electronic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Formosa Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Formosa Electronic appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 905.57 M. Net Loss for the year was (68.18 M) with profit before overhead, payroll, taxes, and interest of 51.36 M. | |
| Formosa Electronic Industries has accumulated about 204.02 M in cash with (232.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.02. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
Additional Tools for Formosa Stock Analysis
When running Formosa Electronic's price analysis, check to measure Formosa Electronic'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 Formosa Electronic is operating at the current time. Most of Formosa Electronic's value examination focuses on studying past and present price action to predict the probability of Formosa Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Electronic's price. Additionally, you may evaluate how the addition of Formosa Electronic to your portfolios can decrease your overall portfolio volatility.