TOPBI International (Taiwan) Probability of Future Stock Price Finishing Under 3.96
| 2929 Stock | TWD 15.40 0.25 1.60% |
TOPBI |
TOPBI International Target Price Odds to finish below 3.96
The tendency of TOPBI 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$ 3.96 or more in 90 days |
| 15.40 | 90 days | 3.96 | near 1 |
Based on a normal probability distribution, the odds of TOPBI International to drop to NT$ 3.96 or more in 90 days from now is near 1 (This TOPBI International Holdings probability density function shows the probability of TOPBI Stock to fall within a particular range of prices over 90 days) . Probability of TOPBI International price to stay between NT$ 3.96 and its current price of NT$15.4 at the end of the 90-day period is about 87.55 .
Assuming the 90 days trading horizon TOPBI International has a beta of 0.22. This suggests as returns on the market go up, TOPBI International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TOPBI International Holdings will be expected to be much smaller as well. Additionally TOPBI International Holdings has an alpha of 0.8594, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TOPBI International Price Density |
| Price |
Predictive Modules for TOPBI International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TOPBI International. 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.TOPBI International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TOPBI International is not an exception. The market had few large corrections towards the TOPBI International'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 TOPBI International Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TOPBI International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.56 | |
Ir | Information ratio | 0.21 |
TOPBI International 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 TOPBI International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TOPBI International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TOPBI International appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 2.96 B. Net Loss for the year was (700.82 M) with loss before overhead, payroll, taxes, and interest of (220.71 M). | |
| TOPBI International Holdings has accumulated about 6.15 B in cash with (1.3 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 74.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 22.0% of the company shares are owned by insiders or employees |
TOPBI International 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 TOPBI Stock often depends not only on the future outlook of the current and potential TOPBI International'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. TOPBI International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109 M |
TOPBI International Technical Analysis
TOPBI International's future price can be derived by breaking down and analyzing its technical indicators over time. TOPBI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TOPBI International Holdings. In general, you should focus on analyzing TOPBI Stock price patterns and their correlations with different microeconomic environments and drivers.
TOPBI International Predictive Forecast Models
TOPBI International's time-series forecasting models is one of many TOPBI International'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 TOPBI International'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 TOPBI International
Checking the ongoing alerts about TOPBI International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TOPBI International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TOPBI International appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 2.96 B. Net Loss for the year was (700.82 M) with loss before overhead, payroll, taxes, and interest of (220.71 M). | |
| TOPBI International Holdings has accumulated about 6.15 B in cash with (1.3 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 74.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 22.0% of the company shares are owned by insiders or employees |
Additional Tools for TOPBI Stock Analysis
When running TOPBI International's price analysis, check to measure TOPBI International'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 TOPBI International is operating at the current time. Most of TOPBI International's value examination focuses on studying past and present price action to predict the probability of TOPBI International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOPBI International's price. Additionally, you may evaluate how the addition of TOPBI International to your portfolios can decrease your overall portfolio volatility.