Lelon Electronics (Taiwan) Probability of Future Stock Price Finishing Over 75.8
| 2472 Stock | TWD 80.80 1.90 2.30% |
Lelon |
Lelon Electronics Target Price Odds to finish over 75.8
The tendency of Lelon 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 above NT$ 75.80 in 90 days |
| 80.80 | 90 days | 75.80 | about 59.18 |
Based on a normal probability distribution, the odds of Lelon Electronics to stay above NT$ 75.80 in 90 days from now is about 59.18 (This Lelon Electronics Corp probability density function shows the probability of Lelon Stock to fall within a particular range of prices over 90 days) . Probability of Lelon Electronics Corp price to stay between NT$ 75.80 and its current price of NT$80.8 at the end of the 90-day period is about 44.34 .
Assuming the 90 days trading horizon Lelon Electronics has a beta of 0.47. This suggests as returns on the market go up, Lelon Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lelon Electronics Corp will be expected to be much smaller as well. Additionally Lelon Electronics Corp has an alpha of 0.1084, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lelon Electronics Price Density |
| Price |
Predictive Modules for Lelon Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lelon Electronics 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.Lelon Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lelon Electronics is not an exception. The market had few large corrections towards the Lelon Electronics' 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 Lelon Electronics Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lelon Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 3.92 | |
Ir | Information ratio | 0.03 |
Lelon Electronics 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 Lelon Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lelon Electronics 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.| The company has NT$819.08 Million in debt which may indicate that it relies heavily on debt financing | |
| About 45.0% of the company shares are owned by insiders or employees |
Lelon Electronics 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 Lelon Stock often depends not only on the future outlook of the current and potential Lelon Electronics' 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. Lelon Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 162.9 M |
Lelon Electronics Technical Analysis
Lelon Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Lelon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lelon Electronics Corp. In general, you should focus on analyzing Lelon Stock price patterns and their correlations with different microeconomic environments and drivers.
Lelon Electronics Predictive Forecast Models
Lelon Electronics' time-series forecasting models is one of many Lelon Electronics' 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 Lelon Electronics' 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 Lelon Electronics Corp
Checking the ongoing alerts about Lelon Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lelon Electronics Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has NT$819.08 Million in debt which may indicate that it relies heavily on debt financing | |
| About 45.0% of the company shares are owned by insiders or employees |
Additional Tools for Lelon Stock Analysis
When running Lelon Electronics' price analysis, check to measure Lelon Electronics' 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 Lelon Electronics is operating at the current time. Most of Lelon Electronics' value examination focuses on studying past and present price action to predict the probability of Lelon Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lelon Electronics' price. Additionally, you may evaluate how the addition of Lelon Electronics to your portfolios can decrease your overall portfolio volatility.