Fubon Hang (Taiwan) Probability of Future Etf Price Finishing Under 5.43
| 00666R Etf | TWD 12.35 0.07 0.57% |
Fubon |
Fubon Hang Target Price Odds to finish below 5.43
The tendency of Fubon Etf 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$ 5.43 or more in 90 days |
| 12.35 | 90 days | 5.43 | near 1 |
Based on a normal probability distribution, the odds of Fubon Hang to drop to NT$ 5.43 or more in 90 days from now is near 1 (This Fubon Hang Seng probability density function shows the probability of Fubon Etf to fall within a particular range of prices over 90 days) . Probability of Fubon Hang Seng price to stay between NT$ 5.43 and its current price of NT$12.35 at the end of the 90-day period is about 41.95 .
Assuming the 90 days trading horizon Fubon Hang Seng has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding Fubon Hang are expected to decrease at a much lower rate. During a bear market, however, Fubon Hang Seng is likely to outperform the market. Additionally Fubon Hang Seng 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. Fubon Hang Price Density |
| Price |
Predictive Modules for Fubon Hang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fubon Hang Seng. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Fubon Hang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fubon Hang is not an exception. The market had few large corrections towards the Fubon Hang'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 Fubon Hang Seng, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fubon Hang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | -0.16 |
Fubon Hang 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 Fubon Hang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fubon Hang Seng can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fubon Hang Seng generated a negative expected return over the last 90 days | |
| The fund generated three year return of -5.0% |
Fubon Hang 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 Fubon Etf often depends not only on the future outlook of the current and potential Fubon Hang'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. Fubon Hang's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 163.17k | |
| Average Daily Volume In Three Month | 94.42k |
Fubon Hang Technical Analysis
Fubon Hang's future price can be derived by breaking down and analyzing its technical indicators over time. Fubon Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fubon Hang Seng. In general, you should focus on analyzing Fubon Etf price patterns and their correlations with different microeconomic environments and drivers.
Fubon Hang Predictive Forecast Models
Fubon Hang's time-series forecasting models is one of many Fubon Hang's etf 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 Fubon Hang'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 etf market movement and maximize returns from investment trading.
Things to note about Fubon Hang Seng
Checking the ongoing alerts about Fubon Hang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fubon Hang Seng help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fubon Hang Seng generated a negative expected return over the last 90 days | |
| The fund generated three year return of -5.0% |
Other Information on Investing in Fubon Etf
Fubon Hang financial ratios help investors to determine whether Fubon Etf 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 Fubon with respect to the benefits of owning Fubon Hang security.