Eminent Luggage (Taiwan) Probability of Future Stock Price Finishing Under 12.20
| 9950 Stock | TWD 12.80 0.15 1.16% |
Eminent |
Eminent Luggage Target Price Odds to finish below 12.20
The tendency of Eminent 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 drop to NT$ 12.20 or more in 90 days |
| 12.80 | 90 days | 12.20 | near 1 |
Based on a normal probability distribution, the odds of Eminent Luggage to drop to NT$ 12.20 or more in 90 days from now is near 1 (This Eminent Luggage probability density function shows the probability of Eminent Stock to fall within a particular range of prices over 90 days) . Probability of Eminent Luggage price to stay between NT$ 12.20 and its current price of NT$12.8 at the end of the 90-day period is roughly 2.49 .
Assuming the 90 days trading horizon Eminent Luggage has a beta of 0.13. This suggests as returns on the market go up, Eminent Luggage average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eminent Luggage will be expected to be much smaller as well. Additionally Eminent Luggage 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. Eminent Luggage Price Density |
| Price |
Predictive Modules for Eminent Luggage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eminent Luggage. 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.Eminent Luggage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eminent Luggage is not an exception. The market had few large corrections towards the Eminent Luggage'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 Eminent Luggage, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eminent Luggage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.33 |
Eminent Luggage 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 Eminent Luggage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eminent Luggage can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eminent Luggage generated a negative expected return over the last 90 days | |
| Eminent Luggage has high likelihood to experience some financial distress in the next 2 years | |
| Eminent Luggage has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Eminent Luggage has accumulated 2.41 B in total debt with debt to equity ratio (D/E) of 172.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eminent Luggage has a current ratio of 0.83, 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 Eminent Luggage until it has trouble settling it off, either with new capital or with free cash flow. So, Eminent Luggage'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 Eminent Luggage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eminent to invest in growth at high rates of return. When we think about Eminent Luggage's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (262.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eminent Luggage has accumulated about 141.48 M in cash with (25.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42. |
Eminent Luggage Technical Analysis
Eminent Luggage's future price can be derived by breaking down and analyzing its technical indicators over time. Eminent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eminent Luggage. In general, you should focus on analyzing Eminent Stock price patterns and their correlations with different microeconomic environments and drivers.
Eminent Luggage Predictive Forecast Models
Eminent Luggage's time-series forecasting models is one of many Eminent Luggage'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 Eminent Luggage'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 Eminent Luggage
Checking the ongoing alerts about Eminent Luggage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eminent Luggage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eminent Luggage generated a negative expected return over the last 90 days | |
| Eminent Luggage has high likelihood to experience some financial distress in the next 2 years | |
| Eminent Luggage has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Eminent Luggage has accumulated 2.41 B in total debt with debt to equity ratio (D/E) of 172.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eminent Luggage has a current ratio of 0.83, 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 Eminent Luggage until it has trouble settling it off, either with new capital or with free cash flow. So, Eminent Luggage'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 Eminent Luggage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eminent to invest in growth at high rates of return. When we think about Eminent Luggage's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (262.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eminent Luggage has accumulated about 141.48 M in cash with (25.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42. |
Additional Tools for Eminent Stock Analysis
When running Eminent Luggage's price analysis, check to measure Eminent Luggage'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 Eminent Luggage is operating at the current time. Most of Eminent Luggage's value examination focuses on studying past and present price action to predict the probability of Eminent Luggage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Luggage's price. Additionally, you may evaluate how the addition of Eminent Luggage to your portfolios can decrease your overall portfolio volatility.