Cal Comp (Taiwan) Odds of Future Stock Price Finishing Over 7.38
| 9105 Stock | TWD 7.38 0.18 2.50% |
Cal |
Cal Comp Target Price Odds to finish over 7.38
The tendency of Cal 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 |
| 7.38 | 90 days | 7.38 | about 6.2 |
Based on a normal probability distribution, the odds of Cal Comp to move above the current price in 90 days from now is about 6.2 (This Cal Comp Electronics Public probability density function shows the probability of Cal Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cal Comp has a beta of 0.0572. This suggests as returns on the market go up, Cal Comp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cal Comp Electronics Public will be expected to be much smaller as well. Additionally Cal Comp Electronics Public has an alpha of 0.4245, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cal Comp Price Density |
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Predictive Modules for Cal Comp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cal Comp Electronics. 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.Cal Comp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cal Comp is not an exception. The market had few large corrections towards the Cal Comp'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 Cal Comp Electronics Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cal Comp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | 0.10 |
Cal Comp 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 Cal Comp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cal Comp Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cal Comp Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Cal Comp Electronics Public has accumulated about 119.44 M in cash with (2.32 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Cal Comp 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 Cal Stock often depends not only on the future outlook of the current and potential Cal Comp'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. Cal Comp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.4 B |
Cal Comp Technical Analysis
Cal Comp's future price can be derived by breaking down and analyzing its technical indicators over time. Cal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cal Comp Electronics Public. In general, you should focus on analyzing Cal Stock price patterns and their correlations with different microeconomic environments and drivers.
Cal Comp Predictive Forecast Models
Cal Comp's time-series forecasting models is one of many Cal Comp'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 Cal Comp'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 Cal Comp Electronics
Checking the ongoing alerts about Cal Comp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cal Comp Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cal Comp Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Cal Comp Electronics Public has accumulated about 119.44 M in cash with (2.32 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Additional Tools for Cal Stock Analysis
When running Cal Comp's price analysis, check to measure Cal Comp'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 Cal Comp is operating at the current time. Most of Cal Comp's value examination focuses on studying past and present price action to predict the probability of Cal Comp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Comp's price. Additionally, you may evaluate how the addition of Cal Comp to your portfolios can decrease your overall portfolio volatility.