Hsin Ba (Taiwan) Odds of Future Stock Price Finishing Under 110.60
| 9906 Stock | TWD 118.00 9.50 7.45% |
Hsin |
Hsin Ba Target Price Odds to finish below 110.60
The tendency of Hsin 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$ 110.60 or more in 90 days |
| 118.00 | 90 days | 110.60 | about 9.0 |
Based on a normal probability distribution, the odds of Hsin Ba to drop to NT$ 110.60 or more in 90 days from now is about 9.0 (This Hsin Ba Ba probability density function shows the probability of Hsin Stock to fall within a particular range of prices over 90 days) . Probability of Hsin Ba Ba price to stay between NT$ 110.60 and its current price of NT$118.0 at the end of the 90-day period is about 9.02 .
Assuming the 90 days trading horizon Hsin Ba has a beta of 0.51. This suggests as returns on the market go up, Hsin Ba average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hsin Ba Ba will be expected to be much smaller as well. Additionally Hsin Ba Ba 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. Hsin Ba Price Density |
| Price |
Predictive Modules for Hsin Ba
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hsin Ba Ba. 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.Hsin Ba Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hsin Ba is not an exception. The market had few large corrections towards the Hsin Ba'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 Hsin Ba Ba, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hsin Ba within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 17.42 | |
Ir | Information ratio | -0.18 |
Hsin Ba 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 Hsin Ba for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hsin Ba Ba can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hsin Ba Ba generated a negative expected return over the last 90 days | |
| Hsin Ba Ba has high historical volatility and very poor performance | |
| Hsin Ba Ba has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Hsin Ba Ba has accumulated about 110.06 M in cash with (1.78 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32. | |
| Roughly 75.0% of the company shares are owned by insiders or employees |
Hsin Ba 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 Hsin Stock often depends not only on the future outlook of the current and potential Hsin Ba'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. Hsin Ba's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.3 M |
Hsin Ba Technical Analysis
Hsin Ba's future price can be derived by breaking down and analyzing its technical indicators over time. Hsin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hsin Ba Ba. In general, you should focus on analyzing Hsin Stock price patterns and their correlations with different microeconomic environments and drivers.
Hsin Ba Predictive Forecast Models
Hsin Ba's time-series forecasting models is one of many Hsin Ba'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 Hsin Ba'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 Hsin Ba Ba
Checking the ongoing alerts about Hsin Ba for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hsin Ba Ba help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hsin Ba Ba generated a negative expected return over the last 90 days | |
| Hsin Ba Ba has high historical volatility and very poor performance | |
| Hsin Ba Ba has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Hsin Ba Ba has accumulated about 110.06 M in cash with (1.78 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32. | |
| Roughly 75.0% of the company shares are owned by insiders or employees |
Additional Tools for Hsin Stock Analysis
When running Hsin Ba's price analysis, check to measure Hsin Ba'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 Hsin Ba is operating at the current time. Most of Hsin Ba's value examination focuses on studying past and present price action to predict the probability of Hsin Ba's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Ba's price. Additionally, you may evaluate how the addition of Hsin Ba to your portfolios can decrease your overall portfolio volatility.