Promise Technology (Taiwan) Price Prediction
| 3057 Stock | TWD 11.80 0.05 0.42% |
Oversold Vs Overbought
33
Oversold | Overbought |
Using Promise Technology hype-based prediction, you can estimate the value of Promise Technology from the perspective of Promise Technology response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Promise Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Promise because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Promise Technology after-hype prediction price | TWD 11.85 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Promise |
Promise Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Promise Technology at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Promise Technology or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Promise Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Promise Technology Estimiated After-Hype Price Volatility
In the context of predicting Promise Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Promise Technology's historical news coverage. Promise Technology's after-hype downside and upside margins for the prediction period are 10.62 and 13.08, respectively. We have considered Promise Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Promise Technology is not too volatile at this time. Analysis and calculation of next after-hype price of Promise Technology is based on 3 months time horizon.
Promise Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Promise Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Promise Technology backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Promise Technology, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 1.22 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
11.80 | 11.85 | 0.00 |
|
Promise Technology Hype Timeline
Promise Technology is presently traded for 11.80on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Promise is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is presently at -0.06%. %. The volatility of related hype on Promise Technology is about 0.0%, with the expected price after the next announcement by competition of 11.80. About 23.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.06. In the past many companies with similar price-to-book ratios have beat the market. Promise Technology last dividend was issued on the 2nd of September 2016. The entity had 521:1000 split on the 17th of September 2020. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Promise Technology Basic Forecasting Models to cross-verify your projections.Promise Technology Related Hype Analysis
Having access to credible news sources related to Promise Technology's direct competition is more important than ever and may enhance your ability to predict Promise Technology's future price movements. Getting to know how Promise Technology's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Promise Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 2409 | AU Optronics | 0.00 | 0 per month | 1.30 | (0.06) | 2.52 | (1.89) | 8.17 | |
| 3481 | Innolux Corp | 0.00 | 0 per month | 1.41 | 0.02 | 2.94 | (2.54) | 12.56 | |
| 9945 | Ruentex Development Co | 0.00 | 0 per month | 0.00 | (0.1) | 1.56 | (2.24) | 7.35 | |
| 5245 | WiseChip Semiconductor | 0.00 | 0 per month | 0.00 | (0.08) | 2.89 | (3.44) | 14.50 | |
| 3034 | Novatek Microelectronics Corp | 0.00 | 0 per month | 0.00 | (0.17) | 1.91 | (2.55) | 6.11 | |
| 3058 | Leader Electronics | 0.00 | 0 per month | 0.00 | (0.16) | 2.79 | (2.89) | 8.09 | |
| 6697 | Information Technology Total | 0.00 | 0 per month | 1.60 | 0.03 | 3.46 | (2.27) | 15.29 | |
| 9921 | Giant Manufacturing Co | 0.00 | 0 per month | 0.00 | (0.29) | 2.00 | (4.49) | 14.43 | |
| 2882A | Cathay Financial Holding | 0.00 | 0 per month | 0.00 | (0.52) | 0.33 | (0.16) | 0.82 | |
| 9908 | Great Taipei Gas | 0.00 | 0 per month | 0.00 | (0.47) | 0.33 | (0.33) | 1.16 |
Promise Technology Additional Predictive Modules
Most predictive techniques to examine Promise price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Promise using various technical indicators. When you analyze Promise charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Promise Technology Predictive Indicators
The successful prediction of Promise Technology stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Promise Technology, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Promise Technology based on analysis of Promise Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Promise Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Promise Technology's related companies.
Story Coverage note for Promise Technology
The number of cover stories for Promise Technology depends on current market conditions and Promise Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Promise Technology is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Promise Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Promise Technology Short Properties
Promise Technology's future price predictability will typically decrease when Promise Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Promise Technology often depends not only on the future outlook of the potential Promise 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. Promise Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.3 M |
Additional Tools for Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise Technology'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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.