Furukawa Electric Co Stock Probability of Future Pink Sheet Price Finishing Under 35.06
| FUWAF Stock | USD 38.00 0.00 0.00% |
Furukawa |
Furukawa Electric Target Price Odds to finish below 35.06
The tendency of Furukawa Pink Sheet 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 $ 35.06 or more in 90 days |
| 38.00 | 90 days | 35.06 | more than 93.0 |
Based on a normal probability distribution, the odds of Furukawa Electric to drop to $ 35.06 or more in 90 days from now is more than 93.0 (This Furukawa Electric Co probability density function shows the probability of Furukawa Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Furukawa Electric price to stay between $ 35.06 and its current price of $38.0 at the end of the 90-day period is about 5.38 .
Assuming the 90 days horizon Furukawa Electric Co has a beta of -0.41. This usually indicates as returns on the benchmark increase, returns on holding Furukawa Electric are expected to decrease at a much lower rate. During a bear market, however, Furukawa Electric Co is likely to outperform the market. Additionally Furukawa Electric Co has an alpha of 0.6042, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Furukawa Electric Price Density |
| Price |
Predictive Modules for Furukawa Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Furukawa Electric. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Furukawa Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Furukawa Electric is not an exception. The market had few large corrections towards the Furukawa Electric'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 Furukawa Electric Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Furukawa Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 4.24 | |
Ir | Information ratio | 0.10 |
Furukawa Electric 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 Furukawa Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Furukawa Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Furukawa Electric appears to be risky and price may revert if volatility continues | |
| Furukawa Electric Co has accumulated about 67.51 B in cash with (13.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 959.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Furukawa Electric 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 Furukawa Pink Sheet often depends not only on the future outlook of the current and potential Furukawa Electric'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. Furukawa Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 70.4 M |
Furukawa Electric Technical Analysis
Furukawa Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Furukawa Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Furukawa Electric Co. In general, you should focus on analyzing Furukawa Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Furukawa Electric Predictive Forecast Models
Furukawa Electric's time-series forecasting models is one of many Furukawa Electric's pink sheet 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 Furukawa Electric'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Furukawa Electric
Checking the ongoing alerts about Furukawa Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Furukawa Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Furukawa Electric appears to be risky and price may revert if volatility continues | |
| Furukawa Electric Co has accumulated about 67.51 B in cash with (13.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 959.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Furukawa Pink Sheet
Furukawa Electric financial ratios help investors to determine whether Furukawa Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Furukawa with respect to the benefits of owning Furukawa Electric security.