Lung Hwa (Taiwan) Odds of Future Stock Price Finishing Under 70.54
| 2424 Stock | TWD 65.00 0.30 0.46% |
Lung |
Lung Hwa Target Price Odds to finish below 70.54
The tendency of Lung 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 stay under NT$ 70.54 after 90 days |
| 65.00 | 90 days | 70.54 | about 34.62 |
Based on a normal probability distribution, the odds of Lung Hwa to stay under NT$ 70.54 after 90 days from now is about 34.62 (This Lung Hwa Electronics probability density function shows the probability of Lung Stock to fall within a particular range of prices over 90 days) . Probability of Lung Hwa Electronics price to stay between its current price of NT$ 65.00 and NT$ 70.54 at the end of the 90-day period is about 21.27 .
Assuming the 90 days trading horizon Lung Hwa Electronics has a beta of -0.26. This suggests as returns on the benchmark increase, returns on holding Lung Hwa are expected to decrease at a much lower rate. During a bear market, however, Lung Hwa Electronics is likely to outperform the market. Additionally Lung Hwa Electronics has an alpha of 0.3832, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lung Hwa Price Density |
| Price |
Predictive Modules for Lung Hwa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lung Hwa Electronics. 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.Lung Hwa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lung Hwa is not an exception. The market had few large corrections towards the Lung Hwa'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 Lung Hwa Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lung Hwa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 7.78 | |
Ir | Information ratio | 0.07 |
Lung Hwa 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 Lung Hwa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lung Hwa Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lung Hwa Electronics had very high historical volatility over the last 90 days | |
| Lung Hwa Electronics has accumulated 14.82 M in total debt with debt to equity ratio (D/E) of 3.1, implying the company greatly relies on financing operations through barrowing. Lung Hwa Electronics has a current ratio of 0.34, 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 Lung Hwa until it has trouble settling it off, either with new capital or with free cash flow. So, Lung Hwa'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 Lung Hwa Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lung to invest in growth at high rates of return. When we think about Lung Hwa's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.11 M. Net Loss for the year was (223.39 M) with loss before overhead, payroll, taxes, and interest of (125.75 M). | |
| Lung Hwa Electronics has accumulated about 41.03 M in cash with (107.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91. | |
| Roughly 70.0% of Lung Hwa shares are owned by insiders or employees |
Lung Hwa 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 Lung Stock often depends not only on the future outlook of the current and potential Lung Hwa'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. Lung Hwa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34 M | |
| Short Long Term Debt | 31.4 M | |
| Shares Float | 15.7 M |
Lung Hwa Technical Analysis
Lung Hwa's future price can be derived by breaking down and analyzing its technical indicators over time. Lung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lung Hwa Electronics. In general, you should focus on analyzing Lung Stock price patterns and their correlations with different microeconomic environments and drivers.
Lung Hwa Predictive Forecast Models
Lung Hwa's time-series forecasting models is one of many Lung Hwa'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 Lung Hwa'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 Lung Hwa Electronics
Checking the ongoing alerts about Lung Hwa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lung Hwa Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lung Hwa Electronics had very high historical volatility over the last 90 days | |
| Lung Hwa Electronics has accumulated 14.82 M in total debt with debt to equity ratio (D/E) of 3.1, implying the company greatly relies on financing operations through barrowing. Lung Hwa Electronics has a current ratio of 0.34, 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 Lung Hwa until it has trouble settling it off, either with new capital or with free cash flow. So, Lung Hwa'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 Lung Hwa Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lung to invest in growth at high rates of return. When we think about Lung Hwa's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.11 M. Net Loss for the year was (223.39 M) with loss before overhead, payroll, taxes, and interest of (125.75 M). | |
| Lung Hwa Electronics has accumulated about 41.03 M in cash with (107.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91. | |
| Roughly 70.0% of Lung Hwa shares are owned by insiders or employees |
Additional Tools for Lung Stock Analysis
When running Lung Hwa's price analysis, check to measure Lung Hwa'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 Lung Hwa is operating at the current time. Most of Lung Hwa's value examination focuses on studying past and present price action to predict the probability of Lung Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lung Hwa's price. Additionally, you may evaluate how the addition of Lung Hwa to your portfolios can decrease your overall portfolio volatility.