Grand Ocean (Taiwan) Probability of Future Stock Price Finishing Under 1.56
| 5907 Stock | TWD 10.40 0.63 6.45% |
Grand |
Grand Ocean Target Price Odds to finish below 1.56
The tendency of Grand 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$ 1.56 or more in 90 days |
| 10.40 | 90 days | 1.56 | near 1 |
Based on a normal probability distribution, the odds of Grand Ocean to drop to NT$ 1.56 or more in 90 days from now is near 1 (This Grand Ocean Retail probability density function shows the probability of Grand Stock to fall within a particular range of prices over 90 days) . Probability of Grand Ocean Retail price to stay between NT$ 1.56 and its current price of NT$10.4 at the end of the 90-day period is about 29.04 .
Assuming the 90 days trading horizon Grand Ocean Retail has a beta of -0.0318. This suggests as returns on the benchmark increase, returns on holding Grand Ocean are expected to decrease at a much lower rate. During a bear market, however, Grand Ocean Retail is likely to outperform the market. Additionally Grand Ocean Retail 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. Grand Ocean Price Density |
| Price |
Predictive Modules for Grand Ocean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grand Ocean Retail. 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.Grand Ocean Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grand Ocean is not an exception. The market had few large corrections towards the Grand Ocean'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 Grand Ocean Retail, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grand Ocean within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.08 |
Grand Ocean 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 Grand Ocean for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grand Ocean Retail can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grand Ocean Retail generated a negative expected return over the last 90 days | |
| Grand Ocean Retail has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Grand Ocean Retail has accumulated 523.55 M in total debt with debt to equity ratio (D/E) of 155.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Grand Ocean Retail has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Grand Ocean until it has trouble settling it off, either with new capital or with free cash flow. So, Grand Ocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grand Ocean Retail sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grand to invest in growth at high rates of return. When we think about Grand Ocean's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.16 B. Net Loss for the year was (232.13 M) with profit before overhead, payroll, taxes, and interest of 3.73 B. | |
| About 68.0% of Grand Ocean shares are owned by insiders or employees |
Grand Ocean 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 Grand Stock often depends not only on the future outlook of the current and potential Grand Ocean'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. Grand Ocean's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 195.5 M |
Grand Ocean Technical Analysis
Grand Ocean's future price can be derived by breaking down and analyzing its technical indicators over time. Grand Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grand Ocean Retail. In general, you should focus on analyzing Grand Stock price patterns and their correlations with different microeconomic environments and drivers.
Grand Ocean Predictive Forecast Models
Grand Ocean's time-series forecasting models is one of many Grand Ocean'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 Grand Ocean'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 Grand Ocean Retail
Checking the ongoing alerts about Grand Ocean for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grand Ocean Retail help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grand Ocean Retail generated a negative expected return over the last 90 days | |
| Grand Ocean Retail has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Grand Ocean Retail has accumulated 523.55 M in total debt with debt to equity ratio (D/E) of 155.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Grand Ocean Retail has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Grand Ocean until it has trouble settling it off, either with new capital or with free cash flow. So, Grand Ocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grand Ocean Retail sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grand to invest in growth at high rates of return. When we think about Grand Ocean's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.16 B. Net Loss for the year was (232.13 M) with profit before overhead, payroll, taxes, and interest of 3.73 B. | |
| About 68.0% of Grand Ocean shares are owned by insiders or employees |
Additional Tools for Grand Stock Analysis
When running Grand Ocean's price analysis, check to measure Grand Ocean'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 Grand Ocean is operating at the current time. Most of Grand Ocean's value examination focuses on studying past and present price action to predict the probability of Grand Ocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Ocean's price. Additionally, you may evaluate how the addition of Grand Ocean to your portfolios can decrease your overall portfolio volatility.