Chaheng Precision (Taiwan) Probability of Future Stock Price Finishing Under 84.17
| 4546 Stock | TWD 89.90 1.00 1.10% |
Chaheng |
Chaheng Precision Target Price Odds to finish below 84.17
The tendency of Chaheng 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$ 84.17 or more in 90 days |
| 89.90 | 90 days | 84.17 | near 1 |
Based on a normal probability distribution, the odds of Chaheng Precision to drop to NT$ 84.17 or more in 90 days from now is near 1 (This Chaheng Precision Co probability density function shows the probability of Chaheng Stock to fall within a particular range of prices over 90 days) . Probability of Chaheng Precision price to stay between NT$ 84.17 and its current price of NT$89.9 at the end of the 90-day period is about 21.03 .
Assuming the 90 days trading horizon Chaheng Precision has a beta of 0.2. This suggests as returns on the market go up, Chaheng Precision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chaheng Precision Co will be expected to be much smaller as well. Additionally Chaheng Precision 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. Chaheng Precision Price Density |
| Price |
Predictive Modules for Chaheng 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 Chaheng 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.Chaheng Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chaheng Precision is not an exception. The market had few large corrections towards the Chaheng 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 Chaheng Precision Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chaheng Precision within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 2.73 | |
Ir | Information ratio | -0.05 |
Chaheng 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 Chaheng Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chaheng 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.| Chaheng Precision generated a negative expected return over the last 90 days | |
| Chaheng Precision has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Chaheng 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 Chaheng Stock often depends not only on the future outlook of the current and potential Chaheng 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. Chaheng Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 7.00 | |
| Average Daily Volume Last 10 Day | 37.06k | |
| Average Daily Volume In Three Month | 61.39k | |
| Trailing Annual Dividend Yield | 4.14% |
Chaheng Precision Technical Analysis
Chaheng Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Chaheng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chaheng Precision Co. In general, you should focus on analyzing Chaheng Stock price patterns and their correlations with different microeconomic environments and drivers.
Chaheng Precision Predictive Forecast Models
Chaheng Precision's time-series forecasting models is one of many Chaheng 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 Chaheng 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 Chaheng Precision
Checking the ongoing alerts about Chaheng Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chaheng Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chaheng Precision generated a negative expected return over the last 90 days | |
| Chaheng Precision has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Additional Tools for Chaheng Stock Analysis
When running Chaheng Precision's price analysis, check to measure Chaheng 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 Chaheng Precision is operating at the current time. Most of Chaheng Precision's value examination focuses on studying past and present price action to predict the probability of Chaheng 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 Chaheng Precision's price. Additionally, you may evaluate how the addition of Chaheng Precision to your portfolios can decrease your overall portfolio volatility.