Kuang Hong (Taiwan) Probability of Future Stock Price Finishing Under 61.27
| 6596 Stock | 75.20 0.40 0.53% |
Kuang |
Kuang Hong Target Price Odds to finish below 61.27
The tendency of Kuang 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 61.27 or more in 90 days |
| 75.20 | 90 days | 61.27 | near 1 |
Based on a normal probability distribution, the odds of Kuang Hong to drop to 61.27 or more in 90 days from now is near 1 (This Kuang Hong Arts probability density function shows the probability of Kuang Stock to fall within a particular range of prices over 90 days) . Probability of Kuang Hong Arts price to stay between 61.27 and its current price of 75.2 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days trading horizon Kuang Hong Arts has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding Kuang Hong are expected to decrease at a much lower rate. During a bear market, however, Kuang Hong Arts is likely to outperform the market. Additionally Kuang Hong Arts has an alpha of 0.0788, implying that it can generate a 0.0788 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kuang Hong Price Density |
| Price |
Predictive Modules for Kuang Hong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kuang Hong Arts. 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.Kuang Hong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kuang Hong is not an exception. The market had few large corrections towards the Kuang Hong'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 Kuang Hong Arts, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kuang Hong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.03 |
Kuang Hong 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 Kuang Hong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kuang Hong Arts can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 302.1 M. Net Loss for the year was (85.67 M) with profit before overhead, payroll, taxes, and interest of 20.74 M. | |
| Kuang Hong generates negative cash flow from operations | |
| About 53.0% of the company shares are owned by insiders or employees |
Kuang Hong 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 Kuang Stock often depends not only on the future outlook of the current and potential Kuang Hong'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. Kuang Hong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30 M |
Kuang Hong Technical Analysis
Kuang Hong's future price can be derived by breaking down and analyzing its technical indicators over time. Kuang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kuang Hong Arts. In general, you should focus on analyzing Kuang Stock price patterns and their correlations with different microeconomic environments and drivers.
Kuang Hong Predictive Forecast Models
Kuang Hong's time-series forecasting models is one of many Kuang Hong'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 Kuang Hong'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 Kuang Hong Arts
Checking the ongoing alerts about Kuang Hong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kuang Hong Arts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 302.1 M. Net Loss for the year was (85.67 M) with profit before overhead, payroll, taxes, and interest of 20.74 M. | |
| Kuang Hong generates negative cash flow from operations | |
| About 53.0% of the company shares are owned by insiders or employees |
Additional Tools for Kuang Stock Analysis
When running Kuang Hong's price analysis, check to measure Kuang Hong'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 Kuang Hong is operating at the current time. Most of Kuang Hong's value examination focuses on studying past and present price action to predict the probability of Kuang Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kuang Hong's price. Additionally, you may evaluate how the addition of Kuang Hong to your portfolios can decrease your overall portfolio volatility.