JSL Construction (Taiwan) Probability of Future Stock Price Finishing Under 70.24
| 2540 Stock | TWD 90.90 2.60 2.94% |
JSL |
JSL Construction Target Price Odds to finish below 70.24
The tendency of JSL 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$ 70.24 or more in 90 days |
| 90.90 | 90 days | 70.24 | near 1 |
Based on a normal probability distribution, the odds of JSL Construction to drop to NT$ 70.24 or more in 90 days from now is near 1 (This JSL Construction Development probability density function shows the probability of JSL Stock to fall within a particular range of prices over 90 days) . Probability of JSL Construction Dev price to stay between NT$ 70.24 and its current price of NT$90.9 at the end of the 90-day period is about 38.27 .
Assuming the 90 days trading horizon JSL Construction Development has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding JSL Construction are expected to decrease at a much lower rate. During a bear market, however, JSL Construction Development is likely to outperform the market. Additionally JSL Construction Development 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. JSL Construction Price Density |
| Price |
Predictive Modules for JSL Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JSL Construction Dev. 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.JSL Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JSL Construction is not an exception. The market had few large corrections towards the JSL Construction'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 JSL Construction Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JSL Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 7.99 | |
Ir | Information ratio | -0.2 |
JSL Construction 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 JSL Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JSL Construction Dev can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JSL Construction Dev generated a negative expected return over the last 90 days | |
| JSL Construction Development has accumulated about 2.41 B in cash with (1.53 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.04. | |
| Roughly 78.0% of the company shares are owned by insiders or employees |
JSL Construction 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 JSL Stock often depends not only on the future outlook of the current and potential JSL Construction'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. JSL Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 161.3 M |
JSL Construction Technical Analysis
JSL Construction's future price can be derived by breaking down and analyzing its technical indicators over time. JSL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JSL Construction Development. In general, you should focus on analyzing JSL Stock price patterns and their correlations with different microeconomic environments and drivers.
JSL Construction Predictive Forecast Models
JSL Construction's time-series forecasting models is one of many JSL Construction'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 JSL Construction'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 JSL Construction Dev
Checking the ongoing alerts about JSL Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JSL Construction Dev help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JSL Construction Dev generated a negative expected return over the last 90 days | |
| JSL Construction Development has accumulated about 2.41 B in cash with (1.53 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.04. | |
| Roughly 78.0% of the company shares are owned by insiders or employees |
Additional Tools for JSL Stock Analysis
When running JSL Construction's price analysis, check to measure JSL Construction'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 JSL Construction is operating at the current time. Most of JSL Construction's value examination focuses on studying past and present price action to predict the probability of JSL Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSL Construction's price. Additionally, you may evaluate how the addition of JSL Construction to your portfolios can decrease your overall portfolio volatility.