Tainergy Tech (Taiwan) Probability of Future Stock Price Finishing Under 12.35
| 4934 Stock | TWD 13.95 0.65 4.89% |
Tainergy |
Tainergy Tech Target Price Odds to finish below 12.35
The tendency of Tainergy 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$ 12.35 or more in 90 days |
| 13.95 | 90 days | 12.35 | roughly 2.57 |
Based on a normal probability distribution, the odds of Tainergy Tech to drop to NT$ 12.35 or more in 90 days from now is roughly 2.57 (This Tainergy Tech Co probability density function shows the probability of Tainergy Stock to fall within a particular range of prices over 90 days) . Probability of Tainergy Tech price to stay between NT$ 12.35 and its current price of NT$13.95 at the end of the 90-day period is about 11.51 .
Assuming the 90 days trading horizon Tainergy Tech has a beta of 0.43. This suggests as returns on the market go up, Tainergy Tech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tainergy Tech Co will be expected to be much smaller as well. Additionally Tainergy Tech 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. Tainergy Tech Price Density |
| Price |
Predictive Modules for Tainergy Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tainergy Tech. 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.Tainergy Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tainergy Tech is not an exception. The market had few large corrections towards the Tainergy Tech'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 Tainergy Tech Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tainergy Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | -0.21 |
Tainergy Tech 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 Tainergy Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tainergy Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tainergy Tech generated a negative expected return over the last 90 days | |
| Tainergy Tech has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.58 B. Net Loss for the year was (861.44 M) with loss before overhead, payroll, taxes, and interest of (235.08 M). | |
| Tainergy Tech Co has accumulated about 645.48 M in cash with (837.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.81. | |
| Roughly 30.0% of the company shares are owned by insiders or employees |
Tainergy Tech 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 Tainergy Stock often depends not only on the future outlook of the current and potential Tainergy Tech'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. Tainergy Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 225 M |
Tainergy Tech Technical Analysis
Tainergy Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Tainergy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tainergy Tech Co. In general, you should focus on analyzing Tainergy Stock price patterns and their correlations with different microeconomic environments and drivers.
Tainergy Tech Predictive Forecast Models
Tainergy Tech's time-series forecasting models is one of many Tainergy Tech'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 Tainergy Tech'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 Tainergy Tech
Checking the ongoing alerts about Tainergy Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tainergy Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tainergy Tech generated a negative expected return over the last 90 days | |
| Tainergy Tech has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.58 B. Net Loss for the year was (861.44 M) with loss before overhead, payroll, taxes, and interest of (235.08 M). | |
| Tainergy Tech Co has accumulated about 645.48 M in cash with (837.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.81. | |
| Roughly 30.0% of the company shares are owned by insiders or employees |
Additional Tools for Tainergy Stock Analysis
When running Tainergy Tech's price analysis, check to measure Tainergy Tech'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 Tainergy Tech is operating at the current time. Most of Tainergy Tech's value examination focuses on studying past and present price action to predict the probability of Tainergy Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainergy Tech's price. Additionally, you may evaluate how the addition of Tainergy Tech to your portfolios can decrease your overall portfolio volatility.