Mayer Steel (Taiwan) Probability of Future Stock Price Finishing Under 27.38
| 2020 Stock | TWD 28.15 0.15 0.53% |
Mayer |
Mayer Steel Target Price Odds to finish below 27.38
The tendency of Mayer 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$ 27.38 or more in 90 days |
| 28.15 | 90 days | 27.38 | about 5.22 |
Based on a normal probability distribution, the odds of Mayer Steel to drop to NT$ 27.38 or more in 90 days from now is about 5.22 (This Mayer Steel Pipe probability density function shows the probability of Mayer Stock to fall within a particular range of prices over 90 days) . Probability of Mayer Steel Pipe price to stay between NT$ 27.38 and its current price of NT$28.15 at the end of the 90-day period is about 22.53 .
Assuming the 90 days trading horizon Mayer Steel Pipe has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Mayer Steel are expected to decrease at a much lower rate. During a bear market, however, Mayer Steel Pipe is likely to outperform the market. Additionally Mayer Steel Pipe has an alpha of 0.0448, implying that it can generate a 0.0448 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mayer Steel Price Density |
| Price |
Predictive Modules for Mayer Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mayer Steel Pipe. 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.Mayer Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mayer Steel is not an exception. The market had few large corrections towards the Mayer Steel'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 Mayer Steel Pipe, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mayer Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.75 | |
Ir | Information ratio | -0.04 |
Mayer Steel 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 Mayer Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mayer Steel Pipe can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mayer Steel Pipe generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
Mayer Steel 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 Mayer Stock often depends not only on the future outlook of the current and potential Mayer Steel'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. Mayer Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 222.5 M |
Mayer Steel Technical Analysis
Mayer Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Mayer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mayer Steel Pipe. In general, you should focus on analyzing Mayer Stock price patterns and their correlations with different microeconomic environments and drivers.
Mayer Steel Predictive Forecast Models
Mayer Steel's time-series forecasting models is one of many Mayer Steel'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 Mayer Steel'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 Mayer Steel Pipe
Checking the ongoing alerts about Mayer Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mayer Steel Pipe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mayer Steel Pipe generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
Additional Tools for Mayer Stock Analysis
When running Mayer Steel's price analysis, check to measure Mayer Steel'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 Mayer Steel is operating at the current time. Most of Mayer Steel's value examination focuses on studying past and present price action to predict the probability of Mayer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayer Steel's price. Additionally, you may evaluate how the addition of Mayer Steel to your portfolios can decrease your overall portfolio volatility.