Highlight Tech (Taiwan) Price Prediction
| 6208 Stock | TWD 43.25 0.50 1.14% |
Momentum 50
Impartial
Oversold | Overbought |
Using Highlight Tech hype-based prediction, you can estimate the value of Highlight Tech from the perspective of Highlight Tech 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 Highlight Tech to buy its stock at a price that has no basis in reality. In that case, they are not buying Highlight 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.
Highlight Tech after-hype prediction price | TWD 43.25 |
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.
Highlight |
Highlight Tech After-Hype Price Density Analysis
As far as predicting the price of Highlight Tech 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 Highlight Tech 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 Highlight Tech, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Highlight Tech Estimiated After-Hype Price Volatility
In the context of predicting Highlight Tech's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Highlight Tech's historical news coverage. Highlight Tech's after-hype downside and upside margins for the prediction period are 41.14 and 45.36, respectively. We have considered Highlight Tech'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
Highlight Tech is very steady at this time. Analysis and calculation of next after-hype price of Highlight Tech is based on 3 months time horizon.
Highlight Tech Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Highlight Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Highlight Tech 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 Highlight Tech, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 2.11 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
43.25 | 43.25 | 0.00 |
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Highlight Tech Hype Timeline
Highlight Tech is presently traded for 43.25on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Highlight 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 -0.01%. %. The volatility of related hype on Highlight Tech is about 0.0%, with the expected price after the next announcement by competition of 43.25. About 26.0% of the company shares are owned by insiders or employees . The book value of Highlight Tech was presently reported as 23.28. The company last dividend was issued on the 15th of March 2022. Highlight Tech had 1000:800 split on the 30th of September 2024. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Highlight Tech Basic Forecasting Models to cross-verify your projections.Highlight Tech Related Hype Analysis
Having access to credible news sources related to Highlight Tech's direct competition is more important than ever and may enhance your ability to predict Highlight Tech's future price movements. Getting to know how Highlight Tech'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 Highlight Tech may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 4580 | Value Valves Co | 0.00 | 0 per month | 0.00 | (0.16) | 1.22 | (1.17) | 3.30 | |
| 8383 | Chen Full International | 0.00 | 0 per month | 0.71 | (0.02) | 1.40 | (1.21) | 5.96 | |
| 8098 | 8098 | 0.00 | 0 per month | 0.00 | (0.14) | 3.94 | (4.30) | 14.14 | |
| 2236 | Patec Precision Industry | 0.00 | 0 per month | 1.77 | 0.11 | 4.71 | (3.00) | 11.33 | |
| 3219 | Service Quality Technology | 0.00 | 0 per month | 2.85 | 0.03 | 9.87 | (4.59) | 16.87 | |
| 5604 | Chung Lien Transportation | 0.00 | 0 per month | 0.60 | (0.11) | 1.23 | (1.19) | 2.91 | |
| 4510 | Kao Fong Machinery | 0.00 | 0 per month | 2.05 | 0.07 | 5.82 | (3.18) | 13.09 | |
| 8367 | Chien Shing Harbour | 0.00 | 0 per month | 0.54 | (0.12) | 0.93 | (0.79) | 3.82 | |
| 3485 | Eclat Forever Machinery | 0.00 | 0 per month | 1.25 | 0.28 | 6.74 | (3.81) | 23.01 |
Highlight Tech Additional Predictive Modules
Most predictive techniques to examine Highlight price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Highlight using various technical indicators. When you analyze Highlight 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Highlight Tech Predictive Indicators
The successful prediction of Highlight Tech 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 Highlight Tech, 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 Highlight Tech based on analysis of Highlight Tech hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Highlight Tech's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Highlight Tech's related companies.
Pair Trading with Highlight Tech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Highlight Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Highlight Tech will appreciate offsetting losses from the drop in the long position's value.Moving together with Highlight Stock
Moving against Highlight Stock
| 0.54 | 6620 | Handa Pharmaceuticals | PairCorr |
| 0.46 | 2421 | Sunonwealth Electric | PairCorr |
| 0.36 | 1435 | Chung Fu Tex | PairCorr |
| 0.36 | 6186 | Shin Ruenn Development | PairCorr |
The ability to find closely correlated positions to Highlight Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Highlight Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Highlight Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Highlight Tech to buy it.
The correlation of Highlight Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Highlight Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Highlight Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Highlight Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Highlight Stock Analysis
When running Highlight Tech's price analysis, check to measure Highlight Tech'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 Highlight Tech is operating at the current time. Most of Highlight Tech's value examination focuses on studying past and present price action to predict the probability of Highlight Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highlight Tech's price. Additionally, you may evaluate how the addition of Highlight Tech to your portfolios can decrease your overall portfolio volatility.