Kung Long (Taiwan) Probability of Future Stock Price Finishing Under 155.89
| 1537 Stock | TWD 159.00 1.00 0.62% |
Kung |
Kung Long Target Price Odds to finish below 155.89
The tendency of Kung 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$ 155.89 or more in 90 days |
| 159.00 | 90 days | 155.89 | about 77.18 |
Based on a normal probability distribution, the odds of Kung Long to drop to NT$ 155.89 or more in 90 days from now is about 77.18 (This Kung Long Batteries probability density function shows the probability of Kung Stock to fall within a particular range of prices over 90 days) . Probability of Kung Long Batteries price to stay between NT$ 155.89 and its current price of NT$159.0 at the end of the 90-day period is about 14.9 .
Assuming the 90 days trading horizon Kung Long Batteries has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Kung Long are expected to decrease at a much lower rate. During a bear market, however, Kung Long Batteries is likely to outperform the market. Additionally Kung Long Batteries has an alpha of 0.1116, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kung Long Price Density |
| Price |
Predictive Modules for Kung Long
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kung Long Batteries. 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.Kung Long Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kung Long is not an exception. The market had few large corrections towards the Kung Long'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 Kung Long Batteries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kung Long within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 4.60 | |
Ir | Information ratio | 0.01 |
Kung Long 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 Kung Long for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kung Long Batteries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 28.0% of the company shares are owned by insiders or employees |
Kung Long 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 Kung Stock often depends not only on the future outlook of the current and potential Kung Long'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. Kung Long's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 82.1 M | |
| Dividends Paid | 818.4 M | |
| Short Long Term Debt | 44.8 M |
Kung Long Technical Analysis
Kung Long's future price can be derived by breaking down and analyzing its technical indicators over time. Kung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kung Long Batteries. In general, you should focus on analyzing Kung Stock price patterns and their correlations with different microeconomic environments and drivers.
Kung Long Predictive Forecast Models
Kung Long's time-series forecasting models is one of many Kung Long'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 Kung Long'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 Kung Long Batteries
Checking the ongoing alerts about Kung Long for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kung Long Batteries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 28.0% of the company shares are owned by insiders or employees |
Additional Tools for Kung Stock Analysis
When running Kung Long's price analysis, check to measure Kung Long'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 Kung Long is operating at the current time. Most of Kung Long's value examination focuses on studying past and present price action to predict the probability of Kung Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kung Long's price. Additionally, you may evaluate how the addition of Kung Long to your portfolios can decrease your overall portfolio volatility.