Tah Tong (Taiwan) Odds of Future Stock Price Finishing Under 12.74
| 1441 Stock | TWD 14.00 0.10 0.71% |
Tah |
Tah Tong Target Price Odds to finish below 12.74
The tendency of Tah Stock 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$ 12.74 or more in 90 days |
| 14.00 | 90 days | 12.74 | near 1 |
Based on a normal probability distribution, the odds of Tah Tong to drop to NT$ 12.74 or more in 90 days from now is near 1 (This Tah Tong Textile probability density function shows the probability of Tah Stock to fall within a particular range of prices over 90 days) . Probability of Tah Tong Textile price to stay between NT$ 12.74 and its current price of NT$14.0 at the end of the 90-day period is about 5.9 .
Assuming the 90 days trading horizon Tah Tong has a beta of 0.39. This suggests as returns on the market go up, Tah Tong average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tah Tong Textile will be expected to be much smaller as well. Additionally Tah Tong Textile 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. Tah Tong Price Density |
| Price |
Predictive Modules for Tah Tong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tah Tong Textile. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Tah Tong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tah Tong is not an exception. The market had few large corrections towards the Tah Tong'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 Tah Tong Textile, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tah Tong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.24 |
Tah Tong 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 Tah Tong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tah Tong 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.| Tah Tong Textile generated a negative expected return over the last 90 days | |
| The company has NT$181.87 Million in debt which may indicate that it relies heavily on debt financing | |
| Tah Tong Textile has accumulated 181.87 M in total debt with debt to equity ratio (D/E) of 69.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tah Tong Textile has a current ratio of 0.82, 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 Tah Tong until it has trouble settling it off, either with new capital or with free cash flow. So, Tah Tong'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 Tah Tong Textile sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tah to invest in growth at high rates of return. When we think about Tah Tong's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.55 B. Net Loss for the year was (76.06 M) with profit before overhead, payroll, taxes, and interest of 72.62 M. | |
| About 61.0% of Tah Tong shares are owned by insiders or employees |
Tah Tong 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 Tah Stock often depends not only on the future outlook of the current and potential Tah Tong'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. Tah Tong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100.8 M |
Tah Tong Technical Analysis
Tah Tong's future price can be derived by breaking down and analyzing its technical indicators over time. Tah Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tah Tong Textile. In general, you should focus on analyzing Tah Stock price patterns and their correlations with different microeconomic environments and drivers.
Tah Tong Predictive Forecast Models
Tah Tong's time-series forecasting models is one of many Tah Tong'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 Tah Tong'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 Tah Tong Textile
Checking the ongoing alerts about Tah Tong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tah Tong Textile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tah Tong Textile generated a negative expected return over the last 90 days | |
| The company has NT$181.87 Million in debt which may indicate that it relies heavily on debt financing | |
| Tah Tong Textile has accumulated 181.87 M in total debt with debt to equity ratio (D/E) of 69.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tah Tong Textile has a current ratio of 0.82, 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 Tah Tong until it has trouble settling it off, either with new capital or with free cash flow. So, Tah Tong'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 Tah Tong Textile sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tah to invest in growth at high rates of return. When we think about Tah Tong's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.55 B. Net Loss for the year was (76.06 M) with profit before overhead, payroll, taxes, and interest of 72.62 M. | |
| About 61.0% of Tah Tong shares are owned by insiders or employees |
Additional Tools for Tah Stock Analysis
When running Tah Tong's price analysis, check to measure Tah Tong'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 Tah Tong is operating at the current time. Most of Tah Tong's value examination focuses on studying past and present price action to predict the probability of Tah Tong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tah Tong's price. Additionally, you may evaluate how the addition of Tah Tong to your portfolios can decrease your overall portfolio volatility.