Tycoons Worldwide (Taiwan) Probability of Future Stock Price Finishing Under 0.20
| 911622 Stock | TWD 4.86 0.05 1.04% |
Tycoons |
Tycoons Worldwide Target Price Odds to finish below 0.20
The tendency of Tycoons 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$ 0.20 or more in 90 days |
| 4.86 | 90 days | 0.20 | near 1 |
Based on a normal probability distribution, the odds of Tycoons Worldwide to drop to NT$ 0.20 or more in 90 days from now is near 1 (This Tycoons Worldwide Group probability density function shows the probability of Tycoons Stock to fall within a particular range of prices over 90 days) . Probability of Tycoons Worldwide price to stay between NT$ 0.20 and its current price of NT$4.86 at the end of the 90-day period is about 18.88 .
Assuming the 90 days trading horizon Tycoons Worldwide Group has a beta of -0.38. This suggests as returns on the benchmark increase, returns on holding Tycoons Worldwide are expected to decrease at a much lower rate. During a bear market, however, Tycoons Worldwide Group is likely to outperform the market. Additionally Tycoons Worldwide Group 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. Tycoons Worldwide Price Density |
| Price |
Predictive Modules for Tycoons Worldwide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tycoons Worldwide. 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.Tycoons Worldwide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tycoons Worldwide is not an exception. The market had few large corrections towards the Tycoons Worldwide'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 Tycoons Worldwide Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tycoons Worldwide within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.08 |
Tycoons Worldwide 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 Tycoons Worldwide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tycoons Worldwide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tycoons Worldwide generated a negative expected return over the last 90 days | |
| Tycoons Worldwide Group has accumulated about 222.18 M in cash with (87.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37. |
Tycoons Worldwide 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 Tycoons Stock often depends not only on the future outlook of the current and potential Tycoons Worldwide'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. Tycoons Worldwide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 596.7 M |
Tycoons Worldwide Technical Analysis
Tycoons Worldwide's future price can be derived by breaking down and analyzing its technical indicators over time. Tycoons Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tycoons Worldwide Group. In general, you should focus on analyzing Tycoons Stock price patterns and their correlations with different microeconomic environments and drivers.
Tycoons Worldwide Predictive Forecast Models
Tycoons Worldwide's time-series forecasting models is one of many Tycoons Worldwide'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 Tycoons Worldwide'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 Tycoons Worldwide
Checking the ongoing alerts about Tycoons Worldwide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tycoons Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tycoons Worldwide generated a negative expected return over the last 90 days | |
| Tycoons Worldwide Group has accumulated about 222.18 M in cash with (87.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37. |
Other Information on Investing in Tycoons Stock
Tycoons Worldwide financial ratios help investors to determine whether Tycoons Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tycoons with respect to the benefits of owning Tycoons Worldwide security.