Pegatron Corp (Taiwan) Probability of Future Stock Price Finishing Under 94.1
| 4938 Stock | TWD 92.70 2.50 2.63% |
Pegatron |
Pegatron Corp Target Price Odds to finish below 94.1
The tendency of Pegatron 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 stay under NT$ 94.10 after 90 days |
| 92.70 | 90 days | 94.10 | about 5.28 |
Based on a normal probability distribution, the odds of Pegatron Corp to stay under NT$ 94.10 after 90 days from now is about 5.28 (This Pegatron Corp probability density function shows the probability of Pegatron Stock to fall within a particular range of prices over 90 days) . Probability of Pegatron Corp price to stay between its current price of NT$ 92.70 and NT$ 94.10 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Pegatron Corp has a beta of -0.0701. This suggests as returns on the benchmark increase, returns on holding Pegatron Corp are expected to decrease at a much lower rate. During a bear market, however, Pegatron Corp is likely to outperform the market. Additionally Pegatron Corp 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. Pegatron Corp Price Density |
| Price |
Predictive Modules for Pegatron Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pegatron Corp. 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.Pegatron Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pegatron Corp is not an exception. The market had few large corrections towards the Pegatron Corp'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 Pegatron Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pegatron Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 3.57 | |
Ir | Information ratio | -0.15 |
Pegatron Corp 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 Pegatron Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pegatron Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pegatron Corp generated a negative expected return over the last 90 days | |
| Pegatron Corp has accumulated NT$47.08 Billion in debt which can lead to volatile earnings | |
| About 28.0% of the company shares are owned by insiders or employees |
Pegatron Corp 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 Pegatron Stock often depends not only on the future outlook of the current and potential Pegatron Corp'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. Pegatron Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B |
Pegatron Corp Technical Analysis
Pegatron Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Pegatron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pegatron Corp. In general, you should focus on analyzing Pegatron Stock price patterns and their correlations with different microeconomic environments and drivers.
Pegatron Corp Predictive Forecast Models
Pegatron Corp's time-series forecasting models is one of many Pegatron Corp'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 Pegatron Corp'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 Pegatron Corp
Checking the ongoing alerts about Pegatron Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pegatron Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pegatron Corp generated a negative expected return over the last 90 days | |
| Pegatron Corp has accumulated NT$47.08 Billion in debt which can lead to volatile earnings | |
| About 28.0% of the company shares are owned by insiders or employees |
Additional Tools for Pegatron Stock Analysis
When running Pegatron Corp's price analysis, check to measure Pegatron Corp'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 Pegatron Corp is operating at the current time. Most of Pegatron Corp's value examination focuses on studying past and present price action to predict the probability of Pegatron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pegatron Corp's price. Additionally, you may evaluate how the addition of Pegatron Corp to your portfolios can decrease your overall portfolio volatility.