Jentech Precision (Taiwan) Probability of Future Stock Price Finishing Under 1,347
| 3653 Stock | TWD 1,130 25.00 2.16% |
Jentech |
Jentech Precision Target Price Odds to finish below 1,347
The tendency of Jentech 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 |
| 1,130 | 90 days | 1,130 | roughly 2.98 |
Based on a normal probability distribution, the odds of Jentech Precision to move below current price in 90 days from now is roughly 2.98 (This Jentech Precision Industrial probability density function shows the probability of Jentech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Jentech Precision has a beta of 0.26. This suggests as returns on the market go up, Jentech Precision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jentech Precision Industrial will be expected to be much smaller as well. Additionally Jentech Precision Industrial 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. Jentech Precision Price Density |
| Price |
Predictive Modules for Jentech Precision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jentech Precision. 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.Jentech Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jentech Precision is not an exception. The market had few large corrections towards the Jentech Precision'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 Jentech Precision Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jentech Precision within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 120.77 | |
Ir | Information ratio | -0.09 |
Jentech Precision 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 Jentech Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jentech Precision can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jentech Precision generated a negative expected return over the last 90 days | |
| Jentech Precision has high historical volatility and very poor performance | |
| About 44.0% of the company shares are owned by insiders or employees |
Jentech Precision 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 Jentech Stock often depends not only on the future outlook of the current and potential Jentech Precision'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. Jentech Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 122.2 M |
Jentech Precision Technical Analysis
Jentech Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Jentech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jentech Precision Industrial. In general, you should focus on analyzing Jentech Stock price patterns and their correlations with different microeconomic environments and drivers.
Jentech Precision Predictive Forecast Models
Jentech Precision's time-series forecasting models is one of many Jentech Precision'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 Jentech Precision'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 Jentech Precision
Checking the ongoing alerts about Jentech Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jentech Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jentech Precision generated a negative expected return over the last 90 days | |
| Jentech Precision has high historical volatility and very poor performance | |
| About 44.0% of the company shares are owned by insiders or employees |
Additional Tools for Jentech Stock Analysis
When running Jentech Precision's price analysis, check to measure Jentech Precision'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 Jentech Precision is operating at the current time. Most of Jentech Precision's value examination focuses on studying past and present price action to predict the probability of Jentech Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jentech Precision's price. Additionally, you may evaluate how the addition of Jentech Precision to your portfolios can decrease your overall portfolio volatility.