Hunt Electronic (Taiwan) Probability of Future Stock Price Finishing Over 22.20
| 3297 Stock | TWD 22.20 0.05 0.23% |
Hunt |
Hunt Electronic Target Price Odds to finish over 22.20
The tendency of Hunt 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 above the current price in 90 days |
| 22.20 | 90 days | 22.20 | about 90.28 |
Based on a normal probability distribution, the odds of Hunt Electronic to move above the current price in 90 days from now is about 90.28 (This Hunt Electronic Co probability density function shows the probability of Hunt Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hunt Electronic Co has a beta of -0.0169. This suggests as returns on the benchmark increase, returns on holding Hunt Electronic are expected to decrease at a much lower rate. During a bear market, however, Hunt Electronic Co is likely to outperform the market. Additionally Hunt Electronic Co 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. Hunt Electronic Price Density |
| Price |
Predictive Modules for Hunt Electronic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hunt Electronic. 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.Hunt Electronic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hunt Electronic is not an exception. The market had few large corrections towards the Hunt Electronic'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 Hunt Electronic Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hunt Electronic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 1.78 | |
Ir | Information ratio | -0.1 |
Hunt Electronic 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 Hunt Electronic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hunt Electronic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hunt Electronic generated a negative expected return over the last 90 days | |
| Hunt Electronic has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 243.93 M. Net Loss for the year was (15.12 M) with profit before overhead, payroll, taxes, and interest of 87.93 M. | |
| Hunt Electronic generates negative cash flow from operations | |
| About 46.0% of the company shares are owned by insiders or employees |
Hunt Electronic 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 Hunt Stock often depends not only on the future outlook of the current and potential Hunt Electronic'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. Hunt Electronic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36 M | |
| Short Long Term Debt | 232.7 M | |
| Forward Annual Dividend Rate | 0.5 |
Hunt Electronic Technical Analysis
Hunt Electronic's future price can be derived by breaking down and analyzing its technical indicators over time. Hunt Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hunt Electronic Co. In general, you should focus on analyzing Hunt Stock price patterns and their correlations with different microeconomic environments and drivers.
Hunt Electronic Predictive Forecast Models
Hunt Electronic's time-series forecasting models is one of many Hunt Electronic'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 Hunt Electronic'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 Hunt Electronic
Checking the ongoing alerts about Hunt Electronic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hunt Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hunt Electronic generated a negative expected return over the last 90 days | |
| Hunt Electronic has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 243.93 M. Net Loss for the year was (15.12 M) with profit before overhead, payroll, taxes, and interest of 87.93 M. | |
| Hunt Electronic generates negative cash flow from operations | |
| About 46.0% of the company shares are owned by insiders or employees |
Additional Tools for Hunt Stock Analysis
When running Hunt Electronic's price analysis, check to measure Hunt Electronic'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 Hunt Electronic is operating at the current time. Most of Hunt Electronic's value examination focuses on studying past and present price action to predict the probability of Hunt Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hunt Electronic's price. Additionally, you may evaluate how the addition of Hunt Electronic to your portfolios can decrease your overall portfolio volatility.