Chun Yuan (Taiwan) Probability of Future Stock Price Finishing Under 17.08
| 2010 Stock | TWD 18.55 0.30 1.59% |
Chun |
Chun Yuan Target Price Odds to finish below 17.08
The tendency of Chun 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$ 17.08 or more in 90 days |
| 18.55 | 90 days | 17.08 | near 1 |
Based on a normal probability distribution, the odds of Chun Yuan to drop to NT$ 17.08 or more in 90 days from now is near 1 (This Chun Yuan Steel probability density function shows the probability of Chun Stock to fall within a particular range of prices over 90 days) . Probability of Chun Yuan Steel price to stay between NT$ 17.08 and its current price of NT$18.55 at the end of the 90-day period is about 70.73 .
Assuming the 90 days trading horizon Chun Yuan Steel has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Chun Yuan are expected to decrease at a much lower rate. During a bear market, however, Chun Yuan Steel is likely to outperform the market. Additionally Chun Yuan Steel has an alpha of 0.1835, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chun Yuan Price Density |
| Price |
Predictive Modules for Chun Yuan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chun Yuan Steel. 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.Chun Yuan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chun Yuan is not an exception. The market had few large corrections towards the Chun Yuan'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 Chun Yuan Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chun Yuan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.04 |
Chun Yuan 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 Chun Yuan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chun Yuan Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chun Yuan Steel has accumulated about 1.08 B in cash with (2.37 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.67. | |
| Roughly 35.0% of the company shares are owned by insiders or employees |
Chun Yuan 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 Chun Stock often depends not only on the future outlook of the current and potential Chun Yuan'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. Chun Yuan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 647.7 M |
Chun Yuan Technical Analysis
Chun Yuan's future price can be derived by breaking down and analyzing its technical indicators over time. Chun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chun Yuan Steel. In general, you should focus on analyzing Chun Stock price patterns and their correlations with different microeconomic environments and drivers.
Chun Yuan Predictive Forecast Models
Chun Yuan's time-series forecasting models is one of many Chun Yuan'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 Chun Yuan'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 Chun Yuan Steel
Checking the ongoing alerts about Chun Yuan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chun Yuan Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chun Yuan Steel has accumulated about 1.08 B in cash with (2.37 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.67. | |
| Roughly 35.0% of the company shares are owned by insiders or employees |
Additional Tools for Chun Stock Analysis
When running Chun Yuan's price analysis, check to measure Chun Yuan'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 Chun Yuan is operating at the current time. Most of Chun Yuan's value examination focuses on studying past and present price action to predict the probability of Chun Yuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chun Yuan's price. Additionally, you may evaluate how the addition of Chun Yuan to your portfolios can decrease your overall portfolio volatility.