Tacheng Real (Taiwan) Probability of Future Stock Price Finishing Under 17.44
| 6171 Stock | TWD 41.50 0.50 1.22% |
Tacheng |
Tacheng Real Target Price Odds to finish below 17.44
The tendency of Tacheng 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$ 17.44 or more in 90 days |
| 41.50 | 90 days | 17.44 | near 1 |
Based on a normal probability distribution, the odds of Tacheng Real to drop to NT$ 17.44 or more in 90 days from now is near 1 (This Tacheng Real Estate probability density function shows the probability of Tacheng Stock to fall within a particular range of prices over 90 days) . Probability of Tacheng Real Estate price to stay between NT$ 17.44 and its current price of NT$41.5 at the end of the 90-day period is about 81.58 .
Assuming the 90 days trading horizon Tacheng Real Estate has a beta of -0.0139. This suggests as returns on the benchmark increase, returns on holding Tacheng Real are expected to decrease at a much lower rate. During a bear market, however, Tacheng Real Estate is likely to outperform the market. Additionally Tacheng Real Estate 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. Tacheng Real Price Density |
| Price |
Predictive Modules for Tacheng Real
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tacheng Real Estate. 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.Tacheng Real Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tacheng Real is not an exception. The market had few large corrections towards the Tacheng Real'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 Tacheng Real Estate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tacheng Real within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 2.02 | |
Ir | Information ratio | -0.04 |
Tacheng Real 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 Tacheng Real for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tacheng Real Estate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tacheng Real Estate has accumulated about 143.28 M in cash with (174.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43. | |
| Roughly 78.0% of the company shares are owned by insiders or employees |
Tacheng Real 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 Tacheng Stock often depends not only on the future outlook of the current and potential Tacheng Real'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. Tacheng Real's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.7 M |
Tacheng Real Technical Analysis
Tacheng Real's future price can be derived by breaking down and analyzing its technical indicators over time. Tacheng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tacheng Real Estate. In general, you should focus on analyzing Tacheng Stock price patterns and their correlations with different microeconomic environments and drivers.
Tacheng Real Predictive Forecast Models
Tacheng Real's time-series forecasting models is one of many Tacheng Real'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 Tacheng Real'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 Tacheng Real Estate
Checking the ongoing alerts about Tacheng Real for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tacheng Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tacheng Real Estate has accumulated about 143.28 M in cash with (174.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43. | |
| Roughly 78.0% of the company shares are owned by insiders or employees |
Additional Tools for Tacheng Stock Analysis
When running Tacheng Real's price analysis, check to measure Tacheng Real'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 Tacheng Real is operating at the current time. Most of Tacheng Real's value examination focuses on studying past and present price action to predict the probability of Tacheng Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tacheng Real's price. Additionally, you may evaluate how the addition of Tacheng Real to your portfolios can decrease your overall portfolio volatility.