China Glaze (Taiwan) Probability of Future Stock Price Finishing Under 11.84
| 1809 Stock | 19.40 0.40 2.02% |
China |
China Glaze Target Price Odds to finish below 11.84
The tendency of China 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 11.84 or more in 90 days |
| 19.40 | 90 days | 11.84 | near 1 |
Based on a normal probability distribution, the odds of China Glaze to drop to 11.84 or more in 90 days from now is near 1 (This China Glaze Co probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Glaze price to stay between 11.84 and its current price of 19.4 at the end of the 90-day period is about 5.75 .
Assuming the 90 days trading horizon China Glaze Co has a beta of -0.0912. This suggests as returns on the benchmark increase, returns on holding China Glaze are expected to decrease at a much lower rate. During a bear market, however, China Glaze Co is likely to outperform the market. Additionally China Glaze 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. China Glaze Price Density |
| Price |
Predictive Modules for China Glaze
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Glaze. 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.China Glaze Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Glaze is not an exception. The market had few large corrections towards the China Glaze'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 China Glaze Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Glaze within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.03 |
China Glaze 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 China Glaze for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Glaze can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Glaze generated a negative expected return over the last 90 days | |
| China Glaze Co has accumulated about 1.49 B in cash with (55.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.9. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
China Glaze 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 China Stock often depends not only on the future outlook of the current and potential China Glaze'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. China Glaze's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 167 M |
China Glaze Technical Analysis
China Glaze's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Glaze Co. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Glaze Predictive Forecast Models
China Glaze's time-series forecasting models is one of many China Glaze'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 China Glaze'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 China Glaze
Checking the ongoing alerts about China Glaze for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Glaze help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Glaze generated a negative expected return over the last 90 days | |
| China Glaze Co has accumulated about 1.49 B in cash with (55.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.9. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
Additional Tools for China Stock Analysis
When running China Glaze's price analysis, check to measure China Glaze'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 China Glaze is operating at the current time. Most of China Glaze's value examination focuses on studying past and present price action to predict the probability of China Glaze's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Glaze's price. Additionally, you may evaluate how the addition of China Glaze to your portfolios can decrease your overall portfolio volatility.