Fitipower Integrated (Taiwan) Probability of Future Stock Price Finishing Over 233.0
| 4961 Stock | 237.50 0.50 0.21% |
Fitipower |
Fitipower Integrated Target Price Odds to finish over 233.0
The tendency of Fitipower 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 above 233.00 in 90 days |
| 237.50 | 90 days | 233.00 | about 86.23 |
Based on a normal probability distribution, the odds of Fitipower Integrated to stay above 233.00 in 90 days from now is about 86.23 (This Fitipower Integrated Technology probability density function shows the probability of Fitipower Stock to fall within a particular range of prices over 90 days) . Probability of Fitipower Integrated price to stay between 233.00 and its current price of 237.5 at the end of the 90-day period is about 6.79 .
Assuming the 90 days trading horizon Fitipower Integrated has a beta of 0.19. This suggests as returns on the market go up, Fitipower Integrated average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fitipower Integrated Technology will be expected to be much smaller as well. Additionally Fitipower Integrated Technology 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. Fitipower Integrated Price Density |
| Price |
Predictive Modules for Fitipower Integrated
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fitipower Integrated. 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.Fitipower Integrated Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fitipower Integrated is not an exception. The market had few large corrections towards the Fitipower Integrated'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 Fitipower Integrated Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fitipower Integrated within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 16.74 | |
Ir | Information ratio | -0.11 |
Fitipower Integrated 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 Fitipower Integrated for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fitipower Integrated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fitipower Integrated generated a negative expected return over the last 90 days | |
| About 32.0% of the company shares are owned by insiders or employees |
Fitipower Integrated 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 Fitipower Stock often depends not only on the future outlook of the current and potential Fitipower Integrated'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. Fitipower Integrated's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 185.1 M |
Fitipower Integrated Technical Analysis
Fitipower Integrated's future price can be derived by breaking down and analyzing its technical indicators over time. Fitipower Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fitipower Integrated Technology. In general, you should focus on analyzing Fitipower Stock price patterns and their correlations with different microeconomic environments and drivers.
Fitipower Integrated Predictive Forecast Models
Fitipower Integrated's time-series forecasting models is one of many Fitipower Integrated'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 Fitipower Integrated'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 Fitipower Integrated
Checking the ongoing alerts about Fitipower Integrated for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fitipower Integrated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fitipower Integrated generated a negative expected return over the last 90 days | |
| About 32.0% of the company shares are owned by insiders or employees |
Additional Tools for Fitipower Stock Analysis
When running Fitipower Integrated's price analysis, check to measure Fitipower Integrated'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 Fitipower Integrated is operating at the current time. Most of Fitipower Integrated's value examination focuses on studying past and present price action to predict the probability of Fitipower Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fitipower Integrated's price. Additionally, you may evaluate how the addition of Fitipower Integrated to your portfolios can decrease your overall portfolio volatility.