Hsin Kao (Taiwan) Odds of Future Stock Price Finishing Under 33.86
| 9931 Stock | TWD 34.25 0.25 0.72% |
Hsin |
Hsin Kao Target Price Odds to finish below 33.86
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$ 33.86 or more in 90 days |
| 34.25 | 90 days | 33.86 | about 6.54 |
Based on a normal probability distribution, the odds of Hsin Kao to drop to NT$ 33.86 or more in 90 days from now is about 6.54 (This Hsin Kao Gas probability density function shows the probability of Hsin Stock to fall within a particular range of prices over 90 days) . Probability of Hsin Kao Gas price to stay between NT$ 33.86 and its current price of NT$34.25 at the end of the 90-day period is about 28.64 .
Assuming the 90 days trading horizon Hsin Kao has a beta of 0.0072. This suggests as returns on the market go up, Hsin Kao average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hsin Kao Gas will be expected to be much smaller as well. Additionally Hsin Kao Gas 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 Kao Price Density |
| Price |
Predictive Modules for Hsin Kao
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 Kao Gas. 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 Kao Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hsin Kao is not an exception. The market had few large corrections towards the Hsin Kao'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 Kao Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hsin Kao within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | -0.2 |
Hsin Kao 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 Kao for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hsin Kao Gas 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 Kao Gas has accumulated 136 M in total debt with debt to equity ratio (D/E) of 2.2, implying the company greatly relies on financing operations through barrowing. Hsin Kao Gas has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hsin Kao until it has trouble settling it off, either with new capital or with free cash flow. So, Hsin Kao's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hsin Kao Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hsin to invest in growth at high rates of return. When we think about Hsin Kao's use of debt, we should always consider it together with cash and equity. | |
| About 67.0% of Hsin Kao shares are owned by insiders or employees |
Hsin Kao 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 Kao'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 Kao's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110.4 M |
Hsin Kao Technical Analysis
Hsin Kao'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 Kao Gas. In general, you should focus on analyzing Hsin Stock price patterns and their correlations with different microeconomic environments and drivers.
Hsin Kao Predictive Forecast Models
Hsin Kao's time-series forecasting models is one of many Hsin Kao'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 Kao'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 Kao Gas
Checking the ongoing alerts about Hsin Kao for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hsin Kao Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hsin Kao Gas has accumulated 136 M in total debt with debt to equity ratio (D/E) of 2.2, implying the company greatly relies on financing operations through barrowing. Hsin Kao Gas has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hsin Kao until it has trouble settling it off, either with new capital or with free cash flow. So, Hsin Kao's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hsin Kao Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hsin to invest in growth at high rates of return. When we think about Hsin Kao's use of debt, we should always consider it together with cash and equity. | |
| About 67.0% of Hsin Kao shares are owned by insiders or employees |
Additional Tools for Hsin Stock Analysis
When running Hsin Kao's price analysis, check to measure Hsin Kao'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 Kao is operating at the current time. Most of Hsin Kao's value examination focuses on studying past and present price action to predict the probability of Hsin Kao'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 Kao's price. Additionally, you may evaluate how the addition of Hsin Kao to your portfolios can decrease your overall portfolio volatility.