Shinkong Textile (Taiwan) Price Prediction

1419 Stock  TWD 47.40  0.85  1.83%   
At this time, the value of RSI of Shinkong Textile's share price is approaching 44. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Shinkong Textile, making its price go up or down.

Oversold Vs Overbought

44

 
Oversold
 
Overbought
The successful prediction of Shinkong Textile's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Shinkong Textile and does not consider all of the tangible or intangible factors available from Shinkong Textile's fundamental data. We analyze noise-free headlines and recent hype associated with Shinkong Textile Co, which may create opportunities for some arbitrage if properly timed.
Using Shinkong Textile hype-based prediction, you can estimate the value of Shinkong Textile Co from the perspective of Shinkong Textile response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Shinkong Textile to buy its stock at a price that has no basis in reality. In that case, they are not buying Shinkong because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Shinkong Textile after-hype prediction price

    
  TWD 47.4  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Shinkong Textile Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
45.8847.1848.48
Details
Naive
Forecast
LowNextHigh
44.9646.2647.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
44.5745.9647.34
Details

Shinkong Textile After-Hype Price Prediction Density Analysis

As far as predicting the price of Shinkong Textile at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Shinkong Textile or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Shinkong Textile, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Shinkong Textile Estimiated After-Hype Price Volatility

In the context of predicting Shinkong Textile's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shinkong Textile's historical news coverage. Shinkong Textile's after-hype downside and upside margins for the prediction period are 46.10 and 48.70, respectively. We have considered Shinkong Textile's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
47.40
47.40
After-hype Price
48.70
Upside
Shinkong Textile is very steady at this time. Analysis and calculation of next after-hype price of Shinkong Textile is based on 3 months time horizon.

Shinkong Textile Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Shinkong Textile is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shinkong Textile backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Shinkong Textile, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
1.31
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
47.40
47.40
0.00 
0.00  
Notes

Shinkong Textile Hype Timeline

Shinkong Textile is presently traded for 47.40on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Shinkong is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is presently at -0.02%. %. The volatility of related hype on Shinkong Textile is about 0.0%, with the expected price after the next announcement by competition of 47.40. About 50.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.04. In the past many companies with similar price-to-book ratios have beat the market. Shinkong Textile recorded earning per share (EPS) of 6.76. The entity last dividend was issued on the 11th of August 2022. The firm had 100:100 split on the 6th of September 2007. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Shinkong Textile Basic Forecasting Models to cross-verify your projections.

Shinkong Textile Related Hype Analysis

Having access to credible news sources related to Shinkong Textile's direct competition is more important than ever and may enhance your ability to predict Shinkong Textile's future price movements. Getting to know how Shinkong Textile's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Shinkong Textile may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
2330Taiwan Semiconductor Manufacturing 0.00 0 per month 1.56  0.01  2.87 (2.34) 9.09 
2317Hon Hai Precision 0.00 0 per month 1.65  0.02  3.01 (2.56) 8.59 
2454MediaTek 0.00 0 per month 2.13  0  4.05 (2.62) 11.13 
2412Chunghwa Telecom Co 0.00 0 per month 0.00 (0.24) 0.82 (1.19) 2.43 
5871Chailease Holding Co 0.00 0 per month 0.00 (0.17) 2.96 (3.37) 17.57 
2308Delta Electronics 0.00 0 per month 0.00 (0.07) 2.84 (3.46) 11.60 
6505Formosa Petrochemical Corp 0.00 0 per month 0.00 (0.29) 2.89 (3.51) 9.39 
2887ETaishin Financial Holding 0.00 0 per month 0.00 (0.66) 0.39 (0.39) 1.17 
2886Mega Financial Holding 0.00 0 per month 0.95 (0.12) 1.15 (1.27) 3.85 

Shinkong Textile Additional Predictive Modules

Most predictive techniques to examine Shinkong price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shinkong using various technical indicators. When you analyze Shinkong charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Shinkong Textile Predictive Indicators

The successful prediction of Shinkong Textile stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Shinkong Textile Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Shinkong Textile based on analysis of Shinkong Textile hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Shinkong Textile's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Shinkong Textile's related companies.

Story Coverage note for Shinkong Textile

The number of cover stories for Shinkong Textile depends on current market conditions and Shinkong Textile's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Shinkong Textile is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Shinkong Textile's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Shinkong Textile Short Properties

Shinkong Textile's future price predictability will typically decrease when Shinkong Textile's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Shinkong Textile Co often depends not only on the future outlook of the potential Shinkong Textile'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. Shinkong Textile's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding299.2 M

Additional Tools for Shinkong Stock Analysis

When running Shinkong Textile's price analysis, check to measure Shinkong Textile'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 Shinkong Textile is operating at the current time. Most of Shinkong Textile's value examination focuses on studying past and present price action to predict the probability of Shinkong Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Textile's price. Additionally, you may evaluate how the addition of Shinkong Textile to your portfolios can decrease your overall portfolio volatility.