New Palace (Taiwan) Probability of Future Stock Price Finishing Over 30.4
| 8940 Stock | TWD 23.10 0.15 0.65% |
New |
New Palace Target Price Odds to finish over 30.4
The tendency of New 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 over NT$ 30.40 or more in 90 days |
| 23.10 | 90 days | 30.40 | near 1 |
Based on a normal probability distribution, the odds of New Palace to move over NT$ 30.40 or more in 90 days from now is near 1 (This New Palace International probability density function shows the probability of New Stock to fall within a particular range of prices over 90 days) . Probability of New Palace International price to stay between its current price of NT$ 23.10 and NT$ 30.40 at the end of the 90-day period is about 37.59 .
Assuming the 90 days trading horizon New Palace has a beta of 0.0153. This suggests as returns on the market go up, New Palace average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New Palace International will be expected to be much smaller as well. Additionally New Palace International has an alpha of 0.0308, implying that it can generate a 0.0308 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). New Palace Price Density |
| Price |
Predictive Modules for New Palace
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Palace International. 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.New Palace Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Palace is not an exception. The market had few large corrections towards the New Palace'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 New Palace International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Palace within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.05 |
New Palace 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 New Palace for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Palace International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New Palace has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| New Palace International has accumulated 374.26 M in total debt with debt to equity ratio (D/E) of 86.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. New Palace International has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist New Palace until it has trouble settling it off, either with new capital or with free cash flow. So, New Palace's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Palace International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Palace's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 668.72 M. Net Loss for the year was (117.34 M) with profit before overhead, payroll, taxes, and interest of 280.18 M. | |
| About 50.0% of New Palace shares are owned by insiders or employees |
New Palace 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 New Stock often depends not only on the future outlook of the current and potential New Palace'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. New Palace's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.5 M |
New Palace Technical Analysis
New Palace's future price can be derived by breaking down and analyzing its technical indicators over time. New Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Palace International. In general, you should focus on analyzing New Stock price patterns and their correlations with different microeconomic environments and drivers.
New Palace Predictive Forecast Models
New Palace's time-series forecasting models is one of many New Palace'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 New Palace'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 New Palace International
Checking the ongoing alerts about New Palace for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New Palace International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New Palace has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| New Palace International has accumulated 374.26 M in total debt with debt to equity ratio (D/E) of 86.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. New Palace International has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist New Palace until it has trouble settling it off, either with new capital or with free cash flow. So, New Palace's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Palace International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Palace's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 668.72 M. Net Loss for the year was (117.34 M) with profit before overhead, payroll, taxes, and interest of 280.18 M. | |
| About 50.0% of New Palace shares are owned by insiders or employees |
Additional Tools for New Stock Analysis
When running New Palace's price analysis, check to measure New Palace'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 New Palace is operating at the current time. Most of New Palace's value examination focuses on studying past and present price action to predict the probability of New Palace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Palace's price. Additionally, you may evaluate how the addition of New Palace to your portfolios can decrease your overall portfolio volatility.