TTFB (Taiwan) Chance of Future Stock Price Finishing Under 201.49
| 2729 Stock | TWD 202.00 1.50 0.75% |
TTFB |
TTFB Target Price Odds to finish below 201.49
The tendency of TTFB 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$ 201.49 or more in 90 days |
| 202.00 | 90 days | 201.49 | about 34.1 |
Based on a normal probability distribution, the odds of TTFB to drop to NT$ 201.49 or more in 90 days from now is about 34.1 (This TTFB Co probability density function shows the probability of TTFB Stock to fall within a particular range of prices over 90 days) . Probability of TTFB price to stay between NT$ 201.49 and its current price of NT$202.0 at the end of the 90-day period is about 15.08 .
Assuming the 90 days trading horizon TTFB has a beta of 0.0151. This suggests as returns on the market go up, TTFB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TTFB Co will be expected to be much smaller as well. Additionally TTFB Co has an alpha of 0.0045, implying that it can generate a 0.004483 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TTFB Price Density |
| Price |
Predictive Modules for TTFB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TTFB. 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.TTFB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TTFB is not an exception. The market had few large corrections towards the TTFB'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 TTFB Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TTFB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | -0.22 |
TTFB 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 TTFB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TTFB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TTFB Co has accumulated 170.62 M in total debt with debt to equity ratio (D/E) of 1.29, which is about average as compared to similar companies. TTFB has a current ratio of 0.83, 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 TTFB until it has trouble settling it off, either with new capital or with free cash flow. So, TTFB'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 TTFB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TTFB to invest in growth at high rates of return. When we think about TTFB's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of TTFB shares are owned by insiders or employees |
TTFB 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 TTFB Stock often depends not only on the future outlook of the current and potential TTFB'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. TTFB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.9 M |
TTFB Technical Analysis
TTFB's future price can be derived by breaking down and analyzing its technical indicators over time. TTFB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TTFB Co. In general, you should focus on analyzing TTFB Stock price patterns and their correlations with different microeconomic environments and drivers.
TTFB Predictive Forecast Models
TTFB's time-series forecasting models is one of many TTFB'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 TTFB'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 TTFB
Checking the ongoing alerts about TTFB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TTFB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TTFB Co has accumulated 170.62 M in total debt with debt to equity ratio (D/E) of 1.29, which is about average as compared to similar companies. TTFB has a current ratio of 0.83, 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 TTFB until it has trouble settling it off, either with new capital or with free cash flow. So, TTFB'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 TTFB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TTFB to invest in growth at high rates of return. When we think about TTFB's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of TTFB shares are owned by insiders or employees |
Additional Tools for TTFB Stock Analysis
When running TTFB's price analysis, check to measure TTFB'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 TTFB is operating at the current time. Most of TTFB's value examination focuses on studying past and present price action to predict the probability of TTFB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTFB's price. Additionally, you may evaluate how the addition of TTFB to your portfolios can decrease your overall portfolio volatility.