Taiwan Optical (Taiwan) Probability of Future Stock Price Finishing Over 78.97
| 6464 Stock | TWD 78.40 0.10 0.13% |
Taiwan |
Taiwan Optical Target Price Odds to finish over 78.97
The tendency of Taiwan 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 move over NT$ 78.97 or more in 90 days |
| 78.40 | 90 days | 78.97 | under 95 |
Based on a normal probability distribution, the odds of Taiwan Optical to move over NT$ 78.97 or more in 90 days from now is under 95 (This Taiwan Optical Platform probability density function shows the probability of Taiwan Stock to fall within a particular range of prices over 90 days) . Probability of Taiwan Optical Platform price to stay between its current price of NT$ 78.40 and NT$ 78.97 at the end of the 90-day period is nearly 4.9 .
Assuming the 90 days trading horizon Taiwan Optical has a beta of 0.0348. This suggests as returns on the market go up, Taiwan Optical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taiwan Optical Platform will be expected to be much smaller as well. Additionally Taiwan Optical Platform 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. Taiwan Optical Price Density |
| Price |
Predictive Modules for Taiwan Optical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taiwan Optical Platform. 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.Taiwan Optical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taiwan Optical is not an exception. The market had few large corrections towards the Taiwan Optical'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 Taiwan Optical Platform, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taiwan Optical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | -0.2 |
Taiwan Optical 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 Taiwan Optical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taiwan Optical Platform can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taiwan Optical generated a negative expected return over the last 90 days | |
| Taiwan Optical Platform has accumulated 8.46 B in total debt with debt to equity ratio (D/E) of 1.07, which is about average as compared to similar companies. Taiwan Optical Platform 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 Taiwan Optical until it has trouble settling it off, either with new capital or with free cash flow. So, Taiwan Optical'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 Taiwan Optical Platform sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiwan to invest in growth at high rates of return. When we think about Taiwan Optical's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Taiwan Optical shares are owned by insiders or employees |
Taiwan Optical 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 Taiwan Stock often depends not only on the future outlook of the current and potential Taiwan Optical'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. Taiwan Optical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.3 M |
Taiwan Optical Technical Analysis
Taiwan Optical's future price can be derived by breaking down and analyzing its technical indicators over time. Taiwan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taiwan Optical Platform. In general, you should focus on analyzing Taiwan Stock price patterns and their correlations with different microeconomic environments and drivers.
Taiwan Optical Predictive Forecast Models
Taiwan Optical's time-series forecasting models is one of many Taiwan Optical'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 Taiwan Optical'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 Taiwan Optical Platform
Checking the ongoing alerts about Taiwan Optical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taiwan Optical Platform help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taiwan Optical generated a negative expected return over the last 90 days | |
| Taiwan Optical Platform has accumulated 8.46 B in total debt with debt to equity ratio (D/E) of 1.07, which is about average as compared to similar companies. Taiwan Optical Platform 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 Taiwan Optical until it has trouble settling it off, either with new capital or with free cash flow. So, Taiwan Optical'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 Taiwan Optical Platform sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiwan to invest in growth at high rates of return. When we think about Taiwan Optical's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Taiwan Optical shares are owned by insiders or employees |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Optical's price analysis, check to measure Taiwan Optical'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 Taiwan Optical is operating at the current time. Most of Taiwan Optical's value examination focuses on studying past and present price action to predict the probability of Taiwan Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Optical's price. Additionally, you may evaluate how the addition of Taiwan Optical to your portfolios can decrease your overall portfolio volatility.