Yang Ming (Taiwan) Probability of Future Stock Price Finishing Under 73.26
| 2609 Stock | TWD 75.60 0.90 1.20% |
Yang |
Yang Ming Target Price Odds to finish below 73.26
The tendency of Yang 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$ 73.26 or more in 90 days |
| 75.60 | 90 days | 73.26 | about 82.74 |
Based on a normal probability distribution, the odds of Yang Ming to drop to NT$ 73.26 or more in 90 days from now is about 82.74 (This Yang Ming Marine probability density function shows the probability of Yang Stock to fall within a particular range of prices over 90 days) . Probability of Yang Ming Marine price to stay between NT$ 73.26 and its current price of NT$75.6 at the end of the 90-day period is about 9.26 .
Assuming the 90 days trading horizon Yang Ming Marine has a beta of -0.77. This suggests as returns on the benchmark increase, returns on holding Yang Ming are expected to decrease at a much lower rate. During a bear market, however, Yang Ming Marine is likely to outperform the market. Additionally Yang Ming Marine has an alpha of 0.4532, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yang Ming Price Density |
| Price |
Predictive Modules for Yang Ming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yang Ming Marine. 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.Yang Ming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yang Ming is not an exception. The market had few large corrections towards the Yang Ming'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 Yang Ming Marine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yang Ming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 5.04 | |
Ir | Information ratio | 0.09 |
Yang Ming 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 Yang Ming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yang Ming Marine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yang Ming Marine has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Yang Ming Marine has accumulated 15.89 B in total debt with debt to equity ratio (D/E) of 518.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yang Ming Marine has a current ratio of 0.59, 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 Yang Ming until it has trouble settling it off, either with new capital or with free cash flow. So, Yang Ming'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 Yang Ming Marine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yang to invest in growth at high rates of return. When we think about Yang Ming's use of debt, we should always consider it together with cash and equity. | |
| About 19.0% of Yang Ming shares are owned by insiders or employees |
Yang Ming 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 Yang Stock often depends not only on the future outlook of the current and potential Yang Ming'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. Yang Ming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 B |
Yang Ming Technical Analysis
Yang Ming's future price can be derived by breaking down and analyzing its technical indicators over time. Yang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yang Ming Marine. In general, you should focus on analyzing Yang Stock price patterns and their correlations with different microeconomic environments and drivers.
Yang Ming Predictive Forecast Models
Yang Ming's time-series forecasting models is one of many Yang Ming'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 Yang Ming'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 Yang Ming Marine
Checking the ongoing alerts about Yang Ming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yang Ming Marine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yang Ming Marine has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Yang Ming Marine has accumulated 15.89 B in total debt with debt to equity ratio (D/E) of 518.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Yang Ming Marine has a current ratio of 0.59, 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 Yang Ming until it has trouble settling it off, either with new capital or with free cash flow. So, Yang Ming'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 Yang Ming Marine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yang to invest in growth at high rates of return. When we think about Yang Ming's use of debt, we should always consider it together with cash and equity. | |
| About 19.0% of Yang Ming shares are owned by insiders or employees |
Additional Tools for Yang Stock Analysis
When running Yang Ming's price analysis, check to measure Yang Ming'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 Yang Ming is operating at the current time. Most of Yang Ming's value examination focuses on studying past and present price action to predict the probability of Yang Ming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yang Ming's price. Additionally, you may evaluate how the addition of Yang Ming to your portfolios can decrease your overall portfolio volatility.