EMemory Technology (Taiwan) Probability of Future Stock Price Finishing Under 2184.96
| 3529 Stock | TWD 3,275 50.00 1.55% |
EMemory |
EMemory Technology Target Price Odds to finish below 2184.96
The tendency of EMemory 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$ 2,185 or more in 90 days |
| 3,275 | 90 days | 2,185 | about 1.27 |
Based on a normal probability distribution, the odds of EMemory Technology to drop to NT$ 2,185 or more in 90 days from now is about 1.27 (This eMemory Technology probability density function shows the probability of EMemory Stock to fall within a particular range of prices over 90 days) . Probability of eMemory Technology price to stay between NT$ 2,185 and its current price of NT$3275.0 at the end of the 90-day period is about 82.05 .
Assuming the 90 days trading horizon EMemory Technology has a beta of 0.25. This suggests as returns on the market go up, EMemory Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding eMemory Technology will be expected to be much smaller as well. Additionally EMemory Technology has an alpha of 0.6452, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EMemory Technology Price Density |
| Price |
Predictive Modules for EMemory Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eMemory Technology. 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.EMemory Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EMemory Technology is not an exception. The market had few large corrections towards the EMemory Technology'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 eMemory Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EMemory Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 340.57 | |
Ir | Information ratio | 0.16 |
EMemory Technology 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 EMemory Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for eMemory Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| eMemory Technology appears to be risky and price may revert if volatility continues | |
| About 61.0% of the company shares are owned by institutions such as pension funds |
EMemory Technology 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 EMemory Stock often depends not only on the future outlook of the current and potential EMemory Technology'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. EMemory Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 74.5 M |
EMemory Technology Technical Analysis
EMemory Technology's future price can be derived by breaking down and analyzing its technical indicators over time. EMemory Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of eMemory Technology. In general, you should focus on analyzing EMemory Stock price patterns and their correlations with different microeconomic environments and drivers.
EMemory Technology Predictive Forecast Models
EMemory Technology's time-series forecasting models is one of many EMemory Technology'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 EMemory Technology'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 eMemory Technology
Checking the ongoing alerts about EMemory Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for eMemory Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| eMemory Technology appears to be risky and price may revert if volatility continues | |
| About 61.0% of the company shares are owned by institutions such as pension funds |
Additional Tools for EMemory Stock Analysis
When running EMemory Technology's price analysis, check to measure EMemory Technology'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 EMemory Technology is operating at the current time. Most of EMemory Technology's value examination focuses on studying past and present price action to predict the probability of EMemory Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMemory Technology's price. Additionally, you may evaluate how the addition of EMemory Technology to your portfolios can decrease your overall portfolio volatility.