Penpower Technology (Taiwan) Probability of Future Stock Price Finishing Under 17.61
| 5211 Stock | TWD 26.75 0.05 0.19% |
Penpower |
Penpower Technology Target Price Odds to finish below 17.61
The tendency of Penpower 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$ 17.61 or more in 90 days |
| 26.75 | 90 days | 17.61 | near 1 |
Based on a normal probability distribution, the odds of Penpower Technology to drop to NT$ 17.61 or more in 90 days from now is near 1 (This Penpower Technology probability density function shows the probability of Penpower Stock to fall within a particular range of prices over 90 days) . Probability of Penpower Technology price to stay between NT$ 17.61 and its current price of NT$26.75 at the end of the 90-day period is about 65.35 .
Assuming the 90 days trading horizon Penpower Technology has a beta of -0.0571. This suggests as returns on the benchmark increase, returns on holding Penpower Technology are expected to decrease at a much lower rate. During a bear market, however, Penpower Technology is likely to outperform the market. Additionally Penpower Technology has an alpha of 0.1558, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Penpower Technology Price Density |
| Price |
Predictive Modules for Penpower Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Penpower Technology. 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.Penpower Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Penpower Technology is not an exception. The market had few large corrections towards the Penpower Technology'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 Penpower Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Penpower Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | 0.03 |
Penpower Technology 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 Penpower Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Penpower Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Penpower Technology has high likelihood to experience some financial distress in the next 2 years | |
| Penpower Technology has accumulated about 277.08 M in cash with (53.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.65. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Penpower Technology 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 Penpower Stock often depends not only on the future outlook of the current and potential Penpower Technology'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. Penpower Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32 M | |
| Forward Annual Dividend Rate | 0.7 |
Penpower Technology Technical Analysis
Penpower Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Penpower Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Penpower Technology. In general, you should focus on analyzing Penpower Stock price patterns and their correlations with different microeconomic environments and drivers.
Penpower Technology Predictive Forecast Models
Penpower Technology's time-series forecasting models is one of many Penpower Technology'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 Penpower Technology'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 Penpower Technology
Checking the ongoing alerts about Penpower Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Penpower Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Penpower Technology has high likelihood to experience some financial distress in the next 2 years | |
| Penpower Technology has accumulated about 277.08 M in cash with (53.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.65. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Additional Tools for Penpower Stock Analysis
When running Penpower Technology's price analysis, check to measure Penpower Technology'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 Penpower Technology is operating at the current time. Most of Penpower Technology's value examination focuses on studying past and present price action to predict the probability of Penpower Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penpower Technology's price. Additionally, you may evaluate how the addition of Penpower Technology to your portfolios can decrease your overall portfolio volatility.