Hotel Royal (Taiwan) Probability of Future Stock Price Finishing Under 62.63
| 5704 Stock | TWD 34.70 0.15 0.43% |
Hotel |
Hotel Royal Target Price Odds to finish below 62.63
The tendency of Hotel 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$ 62.63 after 90 days |
| 34.70 | 90 days | 62.63 | close to 99 |
Based on a normal probability distribution, the odds of Hotel Royal to stay under NT$ 62.63 after 90 days from now is close to 99 (This Hotel Royal Chihpen probability density function shows the probability of Hotel Stock to fall within a particular range of prices over 90 days) . Probability of Hotel Royal Chihpen price to stay between its current price of NT$ 34.70 and NT$ 62.63 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon Hotel Royal Chihpen has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Hotel Royal are expected to decrease at a much lower rate. During a bear market, however, Hotel Royal Chihpen is likely to outperform the market. Additionally Hotel Royal Chihpen 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. Hotel Royal Price Density |
| Price |
Predictive Modules for Hotel Royal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hotel Royal Chihpen. 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.Hotel Royal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hotel Royal is not an exception. The market had few large corrections towards the Hotel Royal'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 Hotel Royal Chihpen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hotel Royal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.97 | |
Ir | Information ratio | -0.18 |
Hotel Royal 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 Hotel Royal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hotel Royal Chihpen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hotel Royal Chihpen generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are owned by insiders or employees |
Hotel Royal 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 Hotel Stock often depends not only on the future outlook of the current and potential Hotel Royal'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. Hotel Royal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.9 M |
Hotel Royal Technical Analysis
Hotel Royal's future price can be derived by breaking down and analyzing its technical indicators over time. Hotel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hotel Royal Chihpen. In general, you should focus on analyzing Hotel Stock price patterns and their correlations with different microeconomic environments and drivers.
Hotel Royal Predictive Forecast Models
Hotel Royal's time-series forecasting models is one of many Hotel Royal'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 Hotel Royal'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 Hotel Royal Chihpen
Checking the ongoing alerts about Hotel Royal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hotel Royal Chihpen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hotel Royal Chihpen generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are owned by insiders or employees |
Additional Tools for Hotel Stock Analysis
When running Hotel Royal's price analysis, check to measure Hotel Royal'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 Hotel Royal is operating at the current time. Most of Hotel Royal's value examination focuses on studying past and present price action to predict the probability of Hotel Royal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotel Royal's price. Additionally, you may evaluate how the addition of Hotel Royal to your portfolios can decrease your overall portfolio volatility.