Sunny Friend (Taiwan) Probability of Future Stock Price Finishing Over 90.40
| 8341 Stock | TWD 90.40 0.90 1.01% |
Sunny |
Sunny Friend Target Price Odds to finish over 90.40
The tendency of Sunny 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 move above the current price in 90 days |
| 90.40 | 90 days | 90.40 | about 74.38 |
Based on a normal probability distribution, the odds of Sunny Friend to move above the current price in 90 days from now is about 74.38 (This Sunny Friend Environmental probability density function shows the probability of Sunny Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sunny Friend has a beta of 0.64. This suggests as returns on the market go up, Sunny Friend average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sunny Friend Environmental will be expected to be much smaller as well. Additionally Sunny Friend Environmental 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. Sunny Friend Price Density |
| Price |
Predictive Modules for Sunny Friend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunny Friend Environ. 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.Sunny Friend Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunny Friend is not an exception. The market had few large corrections towards the Sunny Friend'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 Sunny Friend Environmental, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunny Friend within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 4.06 | |
Ir | Information ratio | -0.09 |
Sunny Friend 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 Sunny Friend for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunny Friend Environ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunny Friend Environ generated a negative expected return over the last 90 days | |
| About 44.0% of the company shares are owned by insiders or employees |
Sunny Friend 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 Sunny Stock often depends not only on the future outlook of the current and potential Sunny Friend'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. Sunny Friend's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.5 M |
Sunny Friend Technical Analysis
Sunny Friend's future price can be derived by breaking down and analyzing its technical indicators over time. Sunny Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunny Friend Environmental. In general, you should focus on analyzing Sunny Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunny Friend Predictive Forecast Models
Sunny Friend's time-series forecasting models is one of many Sunny Friend'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 Sunny Friend'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 Sunny Friend Environ
Checking the ongoing alerts about Sunny Friend for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunny Friend Environ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunny Friend Environ generated a negative expected return over the last 90 days | |
| About 44.0% of the company shares are owned by insiders or employees |
Additional Tools for Sunny Stock Analysis
When running Sunny Friend's price analysis, check to measure Sunny Friend'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 Sunny Friend is operating at the current time. Most of Sunny Friend's value examination focuses on studying past and present price action to predict the probability of Sunny Friend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Friend's price. Additionally, you may evaluate how the addition of Sunny Friend to your portfolios can decrease your overall portfolio volatility.