Basso Industry (Taiwan) Probability of Future Stock Price Finishing Under 43.79
| 1527 Stock | TWD 43.50 0.50 1.14% |
Basso |
Basso Industry Target Price Odds to finish below 43.79
The tendency of Basso 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 stay under NT$ 43.79 after 90 days |
| 43.50 | 90 days | 43.79 | about 34.58 |
Based on a normal probability distribution, the odds of Basso Industry to stay under NT$ 43.79 after 90 days from now is about 34.58 (This Basso Industry Corp probability density function shows the probability of Basso Stock to fall within a particular range of prices over 90 days) . Probability of Basso Industry Corp price to stay between its current price of NT$ 43.50 and NT$ 43.79 at the end of the 90-day period is about 6.56 .
Assuming the 90 days trading horizon Basso Industry has a beta of 0.0753. This suggests as returns on the market go up, Basso Industry average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Basso Industry Corp will be expected to be much smaller as well. Additionally Basso Industry Corp 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. Basso Industry Price Density |
| Price |
Predictive Modules for Basso Industry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basso Industry Corp. 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.Basso Industry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Basso Industry is not an exception. The market had few large corrections towards the Basso Industry'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 Basso Industry Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Basso Industry within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 1.57 | |
Ir | Information ratio | -0.1 |
Basso Industry 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 Basso Industry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Basso Industry Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Basso Industry Corp generated a negative expected return over the last 90 days | |
| Basso Industry Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 16.0% of the company shares are owned by insiders or employees |
Basso Industry 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 Basso Stock often depends not only on the future outlook of the current and potential Basso Industry'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. Basso Industry's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 138.6 M |
Basso Industry Technical Analysis
Basso Industry's future price can be derived by breaking down and analyzing its technical indicators over time. Basso Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Basso Industry Corp. In general, you should focus on analyzing Basso Stock price patterns and their correlations with different microeconomic environments and drivers.
Basso Industry Predictive Forecast Models
Basso Industry's time-series forecasting models is one of many Basso Industry'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 Basso Industry'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 Basso Industry Corp
Checking the ongoing alerts about Basso Industry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Basso Industry Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Basso Industry Corp generated a negative expected return over the last 90 days | |
| Basso Industry Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 16.0% of the company shares are owned by insiders or employees |
Additional Tools for Basso Stock Analysis
When running Basso Industry's price analysis, check to measure Basso Industry'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 Basso Industry is operating at the current time. Most of Basso Industry's value examination focuses on studying past and present price action to predict the probability of Basso Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basso Industry's price. Additionally, you may evaluate how the addition of Basso Industry to your portfolios can decrease your overall portfolio volatility.