Nien Made (Taiwan) Probability of Future Stock Price Finishing Under 335.75
| 8464 Stock | TWD 375.00 3.00 0.79% |
Nien |
Nien Made Target Price Odds to finish below 335.75
The tendency of Nien 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$ 335.75 or more in 90 days |
| 375.00 | 90 days | 335.75 | about 1.19 |
Based on a normal probability distribution, the odds of Nien Made to drop to NT$ 335.75 or more in 90 days from now is about 1.19 (This Nien Made Enterprise probability density function shows the probability of Nien Stock to fall within a particular range of prices over 90 days) . Probability of Nien Made Enterprise price to stay between NT$ 335.75 and its current price of NT$375.0 at the end of the 90-day period is about 5.98 .
Assuming the 90 days trading horizon Nien Made Enterprise has a beta of -0.8. This suggests as returns on the benchmark increase, returns on holding Nien Made are expected to decrease at a much lower rate. During a bear market, however, Nien Made Enterprise is likely to outperform the market. Additionally Nien Made Enterprise 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. Nien Made Price Density |
| Price |
Predictive Modules for Nien Made
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nien Made Enterprise. 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.Nien Made Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nien Made is not an exception. The market had few large corrections towards the Nien Made'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 Nien Made Enterprise, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nien Made within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | -0.8 | |
σ | Overall volatility | 49.32 | |
Ir | Information ratio | -0.24 |
Nien Made 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 Nien Made for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nien Made Enterprise can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nien Made Enterprise generated a negative expected return over the last 90 days | |
| About 44.0% of the company shares are owned by insiders or employees |
Nien Made 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 Nien Stock often depends not only on the future outlook of the current and potential Nien Made'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. Nien Made's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 293 M |
Nien Made Technical Analysis
Nien Made's future price can be derived by breaking down and analyzing its technical indicators over time. Nien Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nien Made Enterprise. In general, you should focus on analyzing Nien Stock price patterns and their correlations with different microeconomic environments and drivers.
Nien Made Predictive Forecast Models
Nien Made's time-series forecasting models is one of many Nien Made'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 Nien Made'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 Nien Made Enterprise
Checking the ongoing alerts about Nien Made for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nien Made Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nien Made Enterprise generated a negative expected return over the last 90 days | |
| About 44.0% of the company shares are owned by insiders or employees |
Additional Tools for Nien Stock Analysis
When running Nien Made's price analysis, check to measure Nien Made'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 Nien Made is operating at the current time. Most of Nien Made's value examination focuses on studying past and present price action to predict the probability of Nien Made's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nien Made's price. Additionally, you may evaluate how the addition of Nien Made to your portfolios can decrease your overall portfolio volatility.