Eastech Holding (Taiwan) Probability of Future Stock Price Finishing Over 122.21
| 5225 Stock | TWD 130.00 5.00 4.00% |
Eastech |
Eastech Holding Target Price Odds to finish over 122.21
The tendency of Eastech 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 NT$ 122.21 in 90 days |
| 130.00 | 90 days | 122.21 | about 86.99 |
Based on a normal probability distribution, the odds of Eastech Holding to stay above NT$ 122.21 in 90 days from now is about 86.99 (This Eastech Holding Limited probability density function shows the probability of Eastech Stock to fall within a particular range of prices over 90 days) . Probability of Eastech Holding price to stay between NT$ 122.21 and its current price of NT$130.0 at the end of the 90-day period is about 58.34 .
Assuming the 90 days trading horizon Eastech Holding has a beta of 0.68. This suggests as returns on the market go up, Eastech Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eastech Holding Limited will be expected to be much smaller as well. Additionally Eastech Holding Limited 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. Eastech Holding Price Density |
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Predictive Modules for Eastech Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastech Holding. 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.Eastech Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eastech Holding is not an exception. The market had few large corrections towards the Eastech Holding'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 Eastech Holding Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eastech Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 4.61 | |
Ir | Information ratio | -0.04 |
Eastech Holding 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 Eastech Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eastech Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eastech Holding Limited has accumulated about 933.69 M in cash with (898.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.27. | |
| Roughly 59.0% of the company shares are owned by insiders or employees |
Eastech Holding 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 Eastech Stock often depends not only on the future outlook of the current and potential Eastech Holding'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. Eastech Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61 M |
Eastech Holding Technical Analysis
Eastech Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Eastech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eastech Holding Limited. In general, you should focus on analyzing Eastech Stock price patterns and their correlations with different microeconomic environments and drivers.
Eastech Holding Predictive Forecast Models
Eastech Holding's time-series forecasting models is one of many Eastech Holding'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 Eastech Holding'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 Eastech Holding
Checking the ongoing alerts about Eastech Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eastech Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eastech Holding Limited has accumulated about 933.69 M in cash with (898.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.27. | |
| Roughly 59.0% of the company shares are owned by insiders or employees |
Additional Tools for Eastech Stock Analysis
When running Eastech Holding's price analysis, check to measure Eastech Holding'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 Eastech Holding is operating at the current time. Most of Eastech Holding's value examination focuses on studying past and present price action to predict the probability of Eastech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastech Holding's price. Additionally, you may evaluate how the addition of Eastech Holding to your portfolios can decrease your overall portfolio volatility.