Awea Mechantronic (Taiwan) Probability of Future Stock Price Finishing Over 36.52
| 1530 Stock | TWD 29.90 0.35 1.16% |
Awea |
Awea Mechantronic Target Price Odds to finish over 36.52
The tendency of Awea 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 move over NT$ 36.52 or more in 90 days |
| 29.90 | 90 days | 36.52 | near 1 |
Based on a normal probability distribution, the odds of Awea Mechantronic to move over NT$ 36.52 or more in 90 days from now is near 1 (This Awea Mechantronic Co probability density function shows the probability of Awea Stock to fall within a particular range of prices over 90 days) . Probability of Awea Mechantronic price to stay between its current price of NT$ 29.90 and NT$ 36.52 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon Awea Mechantronic Co has a beta of -0.0062. This suggests as returns on the benchmark increase, returns on holding Awea Mechantronic are expected to decrease at a much lower rate. During a bear market, however, Awea Mechantronic Co is likely to outperform the market. Additionally Awea Mechantronic Co 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. Awea Mechantronic Price Density |
| Price |
Predictive Modules for Awea Mechantronic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Awea Mechantronic. 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.Awea Mechantronic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Awea Mechantronic is not an exception. The market had few large corrections towards the Awea Mechantronic'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 Awea Mechantronic Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Awea Mechantronic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.0062 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.15 |
Awea Mechantronic 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 Awea Mechantronic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Awea Mechantronic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Awea Mechantronic generated a negative expected return over the last 90 days | |
| Awea Mechantronic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 73.0% of the company shares are owned by insiders or employees |
Awea Mechantronic 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 Awea Stock often depends not only on the future outlook of the current and potential Awea Mechantronic'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. Awea Mechantronic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.6 M |
Awea Mechantronic Technical Analysis
Awea Mechantronic's future price can be derived by breaking down and analyzing its technical indicators over time. Awea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Awea Mechantronic Co. In general, you should focus on analyzing Awea Stock price patterns and their correlations with different microeconomic environments and drivers.
Awea Mechantronic Predictive Forecast Models
Awea Mechantronic's time-series forecasting models is one of many Awea Mechantronic'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 Awea Mechantronic'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 Awea Mechantronic
Checking the ongoing alerts about Awea Mechantronic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Awea Mechantronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Awea Mechantronic generated a negative expected return over the last 90 days | |
| Awea Mechantronic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 73.0% of the company shares are owned by insiders or employees |
Additional Tools for Awea Stock Analysis
When running Awea Mechantronic's price analysis, check to measure Awea Mechantronic'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 Awea Mechantronic is operating at the current time. Most of Awea Mechantronic's value examination focuses on studying past and present price action to predict the probability of Awea Mechantronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Awea Mechantronic's price. Additionally, you may evaluate how the addition of Awea Mechantronic to your portfolios can decrease your overall portfolio volatility.