Farglory Life (Taiwan) Probability of Future Stock Price Finishing Under 10.86
| 5859 Stock | TWD 17.10 0.50 3.01% |
Farglory |
Farglory Life Target Price Odds to finish below 10.86
The tendency of Farglory 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$ 10.86 or more in 90 days |
| 17.10 | 90 days | 10.86 | about 28.25 |
Based on a normal probability distribution, the odds of Farglory Life to drop to NT$ 10.86 or more in 90 days from now is about 28.25 (This Farglory Life Insurance probability density function shows the probability of Farglory Stock to fall within a particular range of prices over 90 days) . Probability of Farglory Life Insurance price to stay between NT$ 10.86 and its current price of NT$17.1 at the end of the 90-day period is about 13.83 .
Assuming the 90 days trading horizon Farglory Life Insurance has a beta of -0.49. This suggests as returns on the benchmark increase, returns on holding Farglory Life are expected to decrease at a much lower rate. During a bear market, however, Farglory Life Insurance is likely to outperform the market. In addition to that Farglory Life Insurance has an alpha of 8.9911, implying that it can generate a 8.99 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Farglory Life Price Density |
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Predictive Modules for Farglory Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Farglory Life Insurance. 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.Farglory Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Farglory Life is not an exception. The market had few large corrections towards the Farglory Life'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 Farglory Life Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Farglory Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 8.99 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 16.62 | |
Ir | Information ratio | 0.12 |
Farglory Life 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 Farglory Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Farglory Life Insurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Farglory Life is way too risky over 90 days horizon | |
| Farglory Life appears to be risky and price may revert if volatility continues |
Farglory Life Technical Analysis
Farglory Life's future price can be derived by breaking down and analyzing its technical indicators over time. Farglory Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Farglory Life Insurance. In general, you should focus on analyzing Farglory Stock price patterns and their correlations with different microeconomic environments and drivers.
Farglory Life Predictive Forecast Models
Farglory Life's time-series forecasting models is one of many Farglory Life'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 Farglory Life'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 Farglory Life Insurance
Checking the ongoing alerts about Farglory Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Farglory Life Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Farglory Life is way too risky over 90 days horizon | |
| Farglory Life appears to be risky and price may revert if volatility continues |
Additional Tools for Farglory Stock Analysis
When running Farglory Life's price analysis, check to measure Farglory Life'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 Farglory Life is operating at the current time. Most of Farglory Life's value examination focuses on studying past and present price action to predict the probability of Farglory Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farglory Life's price. Additionally, you may evaluate how the addition of Farglory Life to your portfolios can decrease your overall portfolio volatility.