StShine Optical (Taiwan) Probability of Future Stock Price Finishing Under 194.06
| 1565 Stock | TWD 197.50 5.50 2.71% |
StShine |
StShine Optical Target Price Odds to finish below 194.06
The tendency of StShine 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$ 194.06 or more in 90 days |
| 197.50 | 90 days | 194.06 | about 17.66 |
Based on a normal probability distribution, the odds of StShine Optical to drop to NT$ 194.06 or more in 90 days from now is about 17.66 (This StShine Optical Co probability density function shows the probability of StShine Stock to fall within a particular range of prices over 90 days) . Probability of StShine Optical price to stay between NT$ 194.06 and its current price of NT$197.5 at the end of the 90-day period is about 5.01 .
Assuming the 90 days trading horizon StShine Optical has a beta of 0.17. This suggests as returns on the market go up, StShine Optical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding StShine Optical Co will be expected to be much smaller as well. Additionally StShine Optical Co has an alpha of 0.1958, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). StShine Optical Price Density |
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Predictive Modules for StShine Optical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as StShine Optical. 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.StShine Optical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. StShine Optical is not an exception. The market had few large corrections towards the StShine Optical'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 StShine Optical Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of StShine Optical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 19.32 | |
Ir | Information ratio | 0.05 |
StShine Optical 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 StShine Stock often depends not only on the future outlook of the current and potential StShine Optical'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. StShine Optical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.4 M |
StShine Optical Technical Analysis
StShine Optical's future price can be derived by breaking down and analyzing its technical indicators over time. StShine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of StShine Optical Co. In general, you should focus on analyzing StShine Stock price patterns and their correlations with different microeconomic environments and drivers.
StShine Optical Predictive Forecast Models
StShine Optical's time-series forecasting models is one of many StShine Optical'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 StShine Optical'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards StShine Optical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, StShine Optical's short interest history, or implied volatility extrapolated from StShine Optical options trading.
Additional Tools for StShine Stock Analysis
When running StShine Optical's price analysis, check to measure StShine Optical'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 StShine Optical is operating at the current time. Most of StShine Optical's value examination focuses on studying past and present price action to predict the probability of StShine Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StShine Optical's price. Additionally, you may evaluate how the addition of StShine Optical to your portfolios can decrease your overall portfolio volatility.