SIM Technology (Taiwan) Probability of Future Stock Price Finishing Over 8.83
| 912000 Stock | TWD 3.03 0.01 0.33% |
SIM |
SIM Technology Target Price Odds to finish over 8.83
The tendency of SIM 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$ 8.83 or more in 90 days |
| 3.03 | 90 days | 8.83 | close to zero percent |
Based on a normal probability distribution, the odds of SIM Technology to move over NT$ 8.83 or more in 90 days from now is close to zero percent (This SIM Technology Group probability density function shows the probability of SIM Stock to fall within a particular range of prices over 90 days) . Probability of SIM Technology Group price to stay between its current price of NT$ 3.03 and NT$ 8.83 at the end of the 90-day period is about 77.89 .
Assuming the 90 days trading horizon SIM Technology has a beta of 0.21. This suggests as returns on the market go up, SIM Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SIM Technology Group will be expected to be much smaller as well. Additionally SIM Technology Group has an alpha of 0.0229, implying that it can generate a 0.0229 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SIM Technology Price Density |
| Price |
Predictive Modules for SIM Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SIM Technology Group. 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.SIM Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SIM Technology is not an exception. The market had few large corrections towards the SIM Technology'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 SIM Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SIM Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.006 |
SIM Technology 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 SIM Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SIM Technology Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SIM Technology Group generated a negative expected return over the last 90 days | |
| The company reported the revenue of 724.71 M. Net Loss for the year was (245.8 M) with profit before overhead, payroll, taxes, and interest of 40.5 M. | |
| SIM Technology Group has accumulated about 53.14 M in cash with (81.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
SIM Technology 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 SIM Stock often depends not only on the future outlook of the current and potential SIM Technology'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. SIM Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.3 B |
SIM Technology Technical Analysis
SIM Technology's future price can be derived by breaking down and analyzing its technical indicators over time. SIM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SIM Technology Group. In general, you should focus on analyzing SIM Stock price patterns and their correlations with different microeconomic environments and drivers.
SIM Technology Predictive Forecast Models
SIM Technology's time-series forecasting models is one of many SIM Technology'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 SIM Technology'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 SIM Technology Group
Checking the ongoing alerts about SIM Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SIM Technology Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SIM Technology Group generated a negative expected return over the last 90 days | |
| The company reported the revenue of 724.71 M. Net Loss for the year was (245.8 M) with profit before overhead, payroll, taxes, and interest of 40.5 M. | |
| SIM Technology Group has accumulated about 53.14 M in cash with (81.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in SIM Stock
SIM Technology financial ratios help investors to determine whether SIM 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 SIM with respect to the benefits of owning SIM Technology security.