Gudeng Precision (Taiwan) Probability of Future Stock Price Finishing Under 431.95
| 3680 Stock | TWD 507.00 4.00 0.80% |
Gudeng |
Gudeng Precision Target Price Odds to finish below 431.95
The tendency of Gudeng 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$ 431.95 or more in 90 days |
| 507.00 | 90 days | 431.95 | near 1 |
Based on a normal probability distribution, the odds of Gudeng Precision to drop to NT$ 431.95 or more in 90 days from now is near 1 (This Gudeng Precision Industrial probability density function shows the probability of Gudeng Stock to fall within a particular range of prices over 90 days) . Probability of Gudeng Precision Ind price to stay between NT$ 431.95 and its current price of NT$507.0 at the end of the 90-day period is about 16.84 .
Assuming the 90 days trading horizon Gudeng Precision has a beta of 0.45. This suggests as returns on the market go up, Gudeng Precision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gudeng Precision Industrial will be expected to be much smaller as well. Additionally Gudeng 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. Gudeng Precision Price Density |
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Predictive Modules for Gudeng 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 Gudeng Precision Ind. 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.Gudeng Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gudeng Precision is not an exception. The market had few large corrections towards the Gudeng 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 Gudeng Precision Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gudeng Precision within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 35.15 | |
Ir | Information ratio | -0.11 |
Gudeng 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 Gudeng Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gudeng Precision Ind can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gudeng Precision Ind generated a negative expected return over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
Gudeng 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 Gudeng Stock often depends not only on the future outlook of the current and potential Gudeng 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. Gudeng Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.6 M |
Gudeng Precision Technical Analysis
Gudeng Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Gudeng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gudeng Precision Industrial. In general, you should focus on analyzing Gudeng Stock price patterns and their correlations with different microeconomic environments and drivers.
Gudeng Precision Predictive Forecast Models
Gudeng Precision's time-series forecasting models is one of many Gudeng 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 Gudeng 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 Gudeng Precision Ind
Checking the ongoing alerts about Gudeng Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gudeng Precision Ind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gudeng Precision Ind generated a negative expected return over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees |
Additional Tools for Gudeng Stock Analysis
When running Gudeng Precision's price analysis, check to measure Gudeng 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 Gudeng Precision is operating at the current time. Most of Gudeng Precision's value examination focuses on studying past and present price action to predict the probability of Gudeng 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 Gudeng Precision's price. Additionally, you may evaluate how the addition of Gudeng Precision to your portfolios can decrease your overall portfolio volatility.