Cowealth Medical (Taiwan) Probability of Future Stock Price Finishing Under 14.38
| 4745 Stock | TWD 20.30 0.25 1.22% |
Cowealth |
Cowealth Medical Target Price Odds to finish below 14.38
The tendency of Cowealth 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$ 14.38 or more in 90 days |
| 20.30 | 90 days | 14.38 | near 1 |
Based on a normal probability distribution, the odds of Cowealth Medical to drop to NT$ 14.38 or more in 90 days from now is near 1 (This Cowealth Medical Holding probability density function shows the probability of Cowealth Stock to fall within a particular range of prices over 90 days) . Probability of Cowealth Medical Holding price to stay between NT$ 14.38 and its current price of NT$20.3 at the end of the 90-day period is about 11.23 .
Assuming the 90 days trading horizon Cowealth Medical has a beta of 0.31. This suggests as returns on the market go up, Cowealth Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cowealth Medical Holding will be expected to be much smaller as well. Additionally Cowealth Medical Holding 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. Cowealth Medical Price Density |
| Price |
Predictive Modules for Cowealth Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cowealth Medical Holding. 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.Cowealth Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cowealth Medical is not an exception. The market had few large corrections towards the Cowealth Medical'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 Cowealth Medical Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cowealth Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | -0.06 |
Cowealth Medical 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 Cowealth Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cowealth Medical Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cowealth Medical generated a negative expected return over the last 90 days | |
| Cowealth Medical has accumulated NT$52.07 Million in debt which can lead to volatile earnings | |
| Cowealth Medical Holding has accumulated about 327.85 M in cash with (118.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.45. | |
| Roughly 46.0% of the company shares are owned by insiders or employees |
Cowealth Medical 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 Cowealth Stock often depends not only on the future outlook of the current and potential Cowealth Medical'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. Cowealth Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 77.5 M |
Cowealth Medical Technical Analysis
Cowealth Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Cowealth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cowealth Medical Holding. In general, you should focus on analyzing Cowealth Stock price patterns and their correlations with different microeconomic environments and drivers.
Cowealth Medical Predictive Forecast Models
Cowealth Medical's time-series forecasting models is one of many Cowealth Medical'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 Cowealth Medical'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 Cowealth Medical Holding
Checking the ongoing alerts about Cowealth Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cowealth Medical Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cowealth Medical generated a negative expected return over the last 90 days | |
| Cowealth Medical has accumulated NT$52.07 Million in debt which can lead to volatile earnings | |
| Cowealth Medical Holding has accumulated about 327.85 M in cash with (118.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.45. | |
| Roughly 46.0% of the company shares are owned by insiders or employees |
Additional Tools for Cowealth Stock Analysis
When running Cowealth Medical's price analysis, check to measure Cowealth Medical'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 Cowealth Medical is operating at the current time. Most of Cowealth Medical's value examination focuses on studying past and present price action to predict the probability of Cowealth Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cowealth Medical's price. Additionally, you may evaluate how the addition of Cowealth Medical to your portfolios can decrease your overall portfolio volatility.