Shinkong Textile (Taiwan) Probability of Future Stock Price Finishing Over 47.06
Shinkong Textile's future price is the expected price of Shinkong Textile instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Shinkong Textile Co performance during a given time horizon utilizing its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Shinkong Textile 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 Shinkong Textile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinkong Textile can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shinkong Textile is not yet fully synchronised with the market data | |
| Shinkong Textile generated a negative expected return over the last 90 days | |
| Shinkong Textile has some characteristics of a very speculative penny stock | |
| Shinkong Textile Co has accumulated 2.62 B in total debt with debt to equity ratio (D/E) of 29.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shinkong Textile has a current ratio of 0.74, 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 Shinkong Textile until it has trouble settling it off, either with new capital or with free cash flow. So, Shinkong Textile'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 Shinkong Textile sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinkong to invest in growth at high rates of return. When we think about Shinkong Textile's use of debt, we should always consider it together with cash and equity. | |
| Shinkong Textile Co has accumulated about 1.44 B in cash with (62.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.81. | |
| Roughly 50.0% of Shinkong Textile shares are owned by insiders or employees |
Shinkong Textile 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 Shinkong Stock often depends not only on the future outlook of the current and 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 Outstanding | 299.2 M |
Shinkong Textile Technical Analysis
Shinkong Textile's future price can be derived by breaking down and analyzing its technical indicators over time. Shinkong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinkong Textile Co. In general, you should focus on analyzing Shinkong Stock price patterns and their correlations with different microeconomic environments and drivers.
Shinkong Textile Predictive Forecast Models
Shinkong Textile's time-series forecasting models is one of many Shinkong Textile'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 Shinkong Textile'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 Shinkong Textile
Checking the ongoing alerts about Shinkong Textile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinkong Textile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinkong Textile is not yet fully synchronised with the market data | |
| Shinkong Textile generated a negative expected return over the last 90 days | |
| Shinkong Textile Co has accumulated 2.62 B in total debt with debt to equity ratio (D/E) of 29.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shinkong Textile has a current ratio of 0.74, 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 Shinkong Textile until it has trouble settling it off, either with new capital or with free cash flow. So, Shinkong Textile'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 Shinkong Textile sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinkong to invest in growth at high rates of return. When we think about Shinkong Textile's use of debt, we should always consider it together with cash and equity. | |
| Shinkong Textile Co has accumulated about 1.44 B in cash with (62.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.81. | |
| Roughly 50.0% of Shinkong Textile shares are owned by insiders or employees |
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.