Yeou Yih (Taiwan) Odds of Future Stock Price Finishing Under 15.0
| 9962 Stock | TWD 14.95 0.05 0.33% |
Yeou |
Yeou Yih Target Price Odds to finish below 15.0
The tendency of Yeou 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 stay under NT$ 15.00 after 90 days |
| 14.95 | 90 days | 15.00 | about 7.56 |
Based on a normal probability distribution, the odds of Yeou Yih to stay under NT$ 15.00 after 90 days from now is about 7.56 (This Yeou Yih Steel probability density function shows the probability of Yeou Stock to fall within a particular range of prices over 90 days) . Probability of Yeou Yih Steel price to stay between its current price of NT$ 14.95 and NT$ 15.00 at the end of the 90-day period is about 1.65 .
Assuming the 90 days trading horizon Yeou Yih has a beta of 0.0346. This suggests as returns on the market go up, Yeou Yih average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Yeou Yih Steel will be expected to be much smaller as well. Additionally Yeou Yih Steel 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. Yeou Yih Price Density |
| Price |
Predictive Modules for Yeou Yih
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yeou Yih Steel. 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.Yeou Yih Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yeou Yih is not an exception. The market had few large corrections towards the Yeou Yih'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 Yeou Yih Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yeou Yih within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | -0.08 |
Yeou Yih 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 Yeou Yih for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yeou Yih Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yeou Yih Steel generated a negative expected return over the last 90 days | |
| Yeou Yih generates negative cash flow from operations | |
| About 29.0% of the company shares are owned by insiders or employees |
Yeou Yih 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 Yeou Stock often depends not only on the future outlook of the current and potential Yeou Yih'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. Yeou Yih's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.2 M |
Yeou Yih Technical Analysis
Yeou Yih's future price can be derived by breaking down and analyzing its technical indicators over time. Yeou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yeou Yih Steel. In general, you should focus on analyzing Yeou Stock price patterns and their correlations with different microeconomic environments and drivers.
Yeou Yih Predictive Forecast Models
Yeou Yih's time-series forecasting models is one of many Yeou Yih'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 Yeou Yih'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 Yeou Yih Steel
Checking the ongoing alerts about Yeou Yih for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yeou Yih Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yeou Yih Steel generated a negative expected return over the last 90 days | |
| Yeou Yih generates negative cash flow from operations | |
| About 29.0% of the company shares are owned by insiders or employees |
Additional Tools for Yeou Stock Analysis
When running Yeou Yih's price analysis, check to measure Yeou Yih'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 Yeou Yih is operating at the current time. Most of Yeou Yih's value examination focuses on studying past and present price action to predict the probability of Yeou Yih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yeou Yih's price. Additionally, you may evaluate how the addition of Yeou Yih to your portfolios can decrease your overall portfolio volatility.