General Plastic (Taiwan) Probability of Future Stock Price Finishing Under 34.03
| 6128 Stock | TWD 34.75 0.05 0.14% |
General |
General Plastic Target Price Odds to finish below 34.03
The tendency of General 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$ 34.03 or more in 90 days |
| 34.75 | 90 days | 34.03 | near 1 |
Based on a normal probability distribution, the odds of General Plastic to drop to NT$ 34.03 or more in 90 days from now is near 1 (This General Plastic Industrial probability density function shows the probability of General Stock to fall within a particular range of prices over 90 days) . Probability of General Plastic Indu price to stay between NT$ 34.03 and its current price of NT$34.75 at the end of the 90-day period is nearly 4.84 .
Assuming the 90 days trading horizon General Plastic has a beta of 0.15. This suggests as returns on the market go up, General Plastic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding General Plastic Industrial will be expected to be much smaller as well. Additionally General Plastic Industrial 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. General Plastic Price Density |
| Price |
Predictive Modules for General Plastic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as General Plastic Indu. 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.General Plastic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. General Plastic is not an exception. The market had few large corrections towards the General Plastic'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 General Plastic Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of General Plastic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.15 |
General Plastic 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 General Plastic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for General Plastic Indu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| General Plastic Indu generated a negative expected return over the last 90 days | |
| General Plastic Industrial has accumulated 305.43 M in total debt with debt to equity ratio (D/E) of 0.68, which is about average as compared to similar companies. General Plastic Indu has a current ratio of 0.93, 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 General Plastic until it has trouble settling it off, either with new capital or with free cash flow. So, General Plastic'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 General Plastic Indu sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Plastic's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of General Plastic shares are owned by insiders or employees |
General Plastic 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 General Stock often depends not only on the future outlook of the current and potential General Plastic'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. General Plastic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.6 M |
General Plastic Technical Analysis
General Plastic's future price can be derived by breaking down and analyzing its technical indicators over time. General Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of General Plastic Industrial. In general, you should focus on analyzing General Stock price patterns and their correlations with different microeconomic environments and drivers.
General Plastic Predictive Forecast Models
General Plastic's time-series forecasting models is one of many General Plastic'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 General Plastic'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 General Plastic Indu
Checking the ongoing alerts about General Plastic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for General Plastic Indu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| General Plastic Indu generated a negative expected return over the last 90 days | |
| General Plastic Industrial has accumulated 305.43 M in total debt with debt to equity ratio (D/E) of 0.68, which is about average as compared to similar companies. General Plastic Indu has a current ratio of 0.93, 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 General Plastic until it has trouble settling it off, either with new capital or with free cash flow. So, General Plastic'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 General Plastic Indu sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Plastic's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of General Plastic shares are owned by insiders or employees |
Additional Tools for General Stock Analysis
When running General Plastic's price analysis, check to measure General Plastic'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 General Plastic is operating at the current time. Most of General Plastic's value examination focuses on studying past and present price action to predict the probability of General Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Plastic's price. Additionally, you may evaluate how the addition of General Plastic to your portfolios can decrease your overall portfolio volatility.