Chia Chang (Taiwan) Probability of Future Stock Price Finishing Under 41.22
| 4942 Stock | TWD 40.65 0.95 2.28% |
Chia |
Chia Chang Target Price Odds to finish below 41.22
The tendency of Chia 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$ 41.22 after 90 days |
| 40.65 | 90 days | 41.22 | about 13.81 |
Based on a normal probability distribution, the odds of Chia Chang to stay under NT$ 41.22 after 90 days from now is about 13.81 (This Chia Chang Co probability density function shows the probability of Chia Stock to fall within a particular range of prices over 90 days) . Probability of Chia Chang price to stay between its current price of NT$ 40.65 and NT$ 41.22 at the end of the 90-day period is about 7.27 .
Assuming the 90 days trading horizon Chia Chang Co has a beta of -0.0253. This suggests as returns on the benchmark increase, returns on holding Chia Chang are expected to decrease at a much lower rate. During a bear market, however, Chia Chang Co is likely to outperform the market. Additionally Chia Chang 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. Chia Chang Price Density |
| Price |
Predictive Modules for Chia Chang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chia Chang. 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.Chia Chang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chia Chang is not an exception. The market had few large corrections towards the Chia Chang'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 Chia Chang Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chia Chang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | -0.13 |
Chia Chang 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 Chia Chang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chia Chang can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chia Chang generated a negative expected return over the last 90 days | |
| About 34.0% of the company shares are owned by insiders or employees |
Chia Chang 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 Chia Stock often depends not only on the future outlook of the current and potential Chia Chang'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. Chia Chang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 142.4 M |
Chia Chang Technical Analysis
Chia Chang's future price can be derived by breaking down and analyzing its technical indicators over time. Chia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chia Chang Co. In general, you should focus on analyzing Chia Stock price patterns and their correlations with different microeconomic environments and drivers.
Chia Chang Predictive Forecast Models
Chia Chang's time-series forecasting models is one of many Chia Chang'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 Chia Chang'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 Chia Chang
Checking the ongoing alerts about Chia Chang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chia Chang help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chia Chang generated a negative expected return over the last 90 days | |
| About 34.0% of the company shares are owned by insiders or employees |
Additional Tools for Chia Stock Analysis
When running Chia Chang's price analysis, check to measure Chia Chang'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 Chia Chang is operating at the current time. Most of Chia Chang's value examination focuses on studying past and present price action to predict the probability of Chia Chang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chia Chang's price. Additionally, you may evaluate how the addition of Chia Chang to your portfolios can decrease your overall portfolio volatility.