ESUN Financial (Taiwan) Probability of Future Stock Price Finishing Under 27.35
| 2884 Stock | TWD 27.35 0.20 0.73% |
ESUN |
ESUN Financial Target Price Odds to finish below 27.35
The tendency of ESUN 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 move below current price in 90 days |
| 27.35 | 90 days | 27.35 | about 22.82 |
Based on a normal probability distribution, the odds of ESUN Financial to move below current price in 90 days from now is about 22.82 (This ESUN Financial Holding probability density function shows the probability of ESUN Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ESUN Financial has a beta of 0.11. This suggests as returns on the market go up, ESUN Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ESUN Financial Holding will be expected to be much smaller as well. Additionally ESUN Financial Holding 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. ESUN Financial Price Density |
| Price |
Predictive Modules for ESUN Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ESUN Financial Holding. 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.ESUN Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ESUN Financial is not an exception. The market had few large corrections towards the ESUN Financial'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 ESUN Financial Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ESUN Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.12 |
ESUN Financial 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 ESUN Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ESUN Financial Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ESUN Financial generated a negative expected return over the last 90 days | |
| ESUN Financial has high likelihood to experience some financial distress in the next 2 years | |
| ESUN Financial Holding has accumulated about 545.95 B in cash with (193.15 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 38.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
ESUN Financial 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 ESUN Stock often depends not only on the future outlook of the current and potential ESUN Financial'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. ESUN Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.4 B |
ESUN Financial Technical Analysis
ESUN Financial's future price can be derived by breaking down and analyzing its technical indicators over time. ESUN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ESUN Financial Holding. In general, you should focus on analyzing ESUN Stock price patterns and their correlations with different microeconomic environments and drivers.
ESUN Financial Predictive Forecast Models
ESUN Financial's time-series forecasting models is one of many ESUN Financial'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 ESUN Financial'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 ESUN Financial Holding
Checking the ongoing alerts about ESUN Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ESUN Financial Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ESUN Financial generated a negative expected return over the last 90 days | |
| ESUN Financial has high likelihood to experience some financial distress in the next 2 years | |
| ESUN Financial Holding has accumulated about 545.95 B in cash with (193.15 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 38.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for ESUN Stock Analysis
When running ESUN Financial's price analysis, check to measure ESUN Financial'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 ESUN Financial is operating at the current time. Most of ESUN Financial's value examination focuses on studying past and present price action to predict the probability of ESUN Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESUN Financial's price. Additionally, you may evaluate how the addition of ESUN Financial to your portfolios can decrease your overall portfolio volatility.