Est Global (Taiwan) Probability of Future Stock Price Finishing Over 23.48
| 4413 Stock | TWD 17.30 0.45 2.67% |
Est |
Est Global Target Price Odds to finish over 23.48
The tendency of Est 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 over NT$ 23.48 or more in 90 days |
| 17.30 | 90 days | 23.48 | close to zero percent |
Based on a normal probability distribution, the odds of Est Global to move over NT$ 23.48 or more in 90 days from now is close to zero percent (This Est Global Apparel probability density function shows the probability of Est Stock to fall within a particular range of prices over 90 days) . Probability of Est Global Apparel price to stay between its current price of NT$ 17.30 and NT$ 23.48 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Est Global has a beta of 0.81. This suggests as returns on the market go up, Est Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Est Global Apparel will be expected to be much smaller as well. Additionally Est Global Apparel 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. Est Global Price Density |
| Price |
Predictive Modules for Est Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Est Global Apparel. 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.Est Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Est Global is not an exception. The market had few large corrections towards the Est Global'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 Est Global Apparel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Est Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.81 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.04 |
Est Global 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 Est Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Est Global Apparel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Est Global Apparel generated a negative expected return over the last 90 days | |
| Est Global Apparel has accumulated about 116.03 M in cash with (60.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.68. |
Est Global Technical Analysis
Est Global's future price can be derived by breaking down and analyzing its technical indicators over time. Est Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Est Global Apparel. In general, you should focus on analyzing Est Stock price patterns and their correlations with different microeconomic environments and drivers.
Est Global Predictive Forecast Models
Est Global's time-series forecasting models is one of many Est Global'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 Est Global'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 Est Global Apparel
Checking the ongoing alerts about Est Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Est Global Apparel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Est Global Apparel generated a negative expected return over the last 90 days | |
| Est Global Apparel has accumulated about 116.03 M in cash with (60.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.68. |
Additional Tools for Est Stock Analysis
When running Est Global's price analysis, check to measure Est Global'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 Est Global is operating at the current time. Most of Est Global's value examination focuses on studying past and present price action to predict the probability of Est Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Est Global's price. Additionally, you may evaluate how the addition of Est Global to your portfolios can decrease your overall portfolio volatility.