Great China (Taiwan) Probability of Future Stock Price Finishing Under 22.49
| 9905 Stock | TWD 22.95 0.05 0.22% |
Great |
Great China Target Price Odds to finish below 22.49
The tendency of Great 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$ 22.49 or more in 90 days |
| 22.95 | 90 days | 22.49 | near 1 |
Based on a normal probability distribution, the odds of Great China to drop to NT$ 22.49 or more in 90 days from now is near 1 (This Great China Metal probability density function shows the probability of Great Stock to fall within a particular range of prices over 90 days) . Probability of Great China Metal price to stay between NT$ 22.49 and its current price of NT$22.95 at the end of the 90-day period is about 37.7 .
Assuming the 90 days trading horizon Great China has a beta of 0.0574. This suggests as returns on the market go up, Great China average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Great China Metal will be expected to be much smaller as well. Additionally Great China Metal 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. Great China Price Density |
| Price |
Predictive Modules for Great China
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great China Metal. 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.Great China Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Great China is not an exception. The market had few large corrections towards the Great China'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 Great China Metal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Great China within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0012 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.23 |
Great China 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 Great China for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Great China Metal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Great China Metal generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
Great China 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 Great Stock often depends not only on the future outlook of the current and potential Great China'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. Great China's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 305 M |
Great China Technical Analysis
Great China's future price can be derived by breaking down and analyzing its technical indicators over time. Great Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Great China Metal. In general, you should focus on analyzing Great Stock price patterns and their correlations with different microeconomic environments and drivers.
Great China Predictive Forecast Models
Great China's time-series forecasting models is one of many Great China'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 Great China'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 Great China Metal
Checking the ongoing alerts about Great China for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Great China Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Great China Metal generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
Additional Tools for Great Stock Analysis
When running Great China's price analysis, check to measure Great China'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 Great China is operating at the current time. Most of Great China's value examination focuses on studying past and present price action to predict the probability of Great China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great China's price. Additionally, you may evaluate how the addition of Great China to your portfolios can decrease your overall portfolio volatility.