S Tech (Taiwan) Chance of Future Stock Price Finishing Over 30.79
| 1584 Stock | TWD 28.85 0.45 1.54% |
1584 |
S Tech Target Price Odds to finish over 30.79
The tendency of 1584 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$ 30.79 or more in 90 days |
| 28.85 | 90 days | 30.79 | about 86.65 |
Based on a normal probability distribution, the odds of S Tech to move over NT$ 30.79 or more in 90 days from now is about 86.65 (This S Tech Corp probability density function shows the probability of 1584 Stock to fall within a particular range of prices over 90 days) . Probability of S Tech Corp price to stay between its current price of NT$ 28.85 and NT$ 30.79 at the end of the 90-day period is about 9.4 .
Assuming the 90 days trading horizon S Tech has a beta of 0.15. This suggests as returns on the market go up, S Tech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding S Tech Corp will be expected to be much smaller as well. Additionally S Tech 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. S Tech Price Density |
| Price |
Predictive Modules for S Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as S Tech 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.S Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. S Tech is not an exception. The market had few large corrections towards the S Tech'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 S Tech Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of S Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 3.00 | |
Ir | Information ratio | -0.29 |
S Tech 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 S Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for S Tech 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.| S Tech Corp generated a negative expected return over the last 90 days | |
| S Tech Corp has high likelihood to experience some financial distress in the next 2 years | |
| S Tech Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| S Tech Corp has accumulated 1.03 B in total debt with debt to equity ratio (D/E) of 108.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. S Tech Corp has a current ratio of 0.84, 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 S Tech until it has trouble settling it off, either with new capital or with free cash flow. So, S Tech'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 S Tech Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 1584 to invest in growth at high rates of return. When we think about S Tech's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (49.59 M) with profit before overhead, payroll, taxes, and interest of 0. |
S Tech Technical Analysis
S Tech's future price can be derived by breaking down and analyzing its technical indicators over time. 1584 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of S Tech Corp. In general, you should focus on analyzing 1584 Stock price patterns and their correlations with different microeconomic environments and drivers.
S Tech Predictive Forecast Models
S Tech's time-series forecasting models is one of many S Tech'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 S Tech'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 S Tech Corp
Checking the ongoing alerts about S Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for S Tech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| S Tech Corp generated a negative expected return over the last 90 days | |
| S Tech Corp has high likelihood to experience some financial distress in the next 2 years | |
| S Tech Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| S Tech Corp has accumulated 1.03 B in total debt with debt to equity ratio (D/E) of 108.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. S Tech Corp has a current ratio of 0.84, 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 S Tech until it has trouble settling it off, either with new capital or with free cash flow. So, S Tech'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 S Tech Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 1584 to invest in growth at high rates of return. When we think about S Tech's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (49.59 M) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for 1584 Stock Analysis
When running S Tech's price analysis, check to measure S Tech'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 S Tech is operating at the current time. Most of S Tech's value examination focuses on studying past and present price action to predict the probability of S Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S Tech's price. Additionally, you may evaluate how the addition of S Tech to your portfolios can decrease your overall portfolio volatility.