Coremax Corp (Taiwan) Price Prediction

4739 Stock  TWD 61.10  2.40  3.78%   
At this time, The value of RSI of Coremax Corp's share price is at 52. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Coremax Corp, making its price go up or down.

Oversold Vs Overbought

52

 
Oversold
 
Overbought
The successful prediction of Coremax Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Coremax Corp and does not consider all of the tangible or intangible factors available from Coremax Corp's fundamental data. We analyze noise-free headlines and recent hype associated with Coremax Corp, which may create opportunities for some arbitrage if properly timed.
Using Coremax Corp hype-based prediction, you can estimate the value of Coremax Corp from the perspective of Coremax Corp 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 Coremax Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Coremax 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.

Coremax Corp after-hype prediction price

    
  TWD 61.1  
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.
  
Check out Coremax Corp Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
59.0460.7362.42
Details

Coremax Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of Coremax Corp 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 Coremax Corp 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 Coremax Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Coremax Corp Estimiated After-Hype Price Volatility

In the context of predicting Coremax Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Coremax Corp's historical news coverage. Coremax Corp's after-hype downside and upside margins for the prediction period are 59.41 and 62.79, respectively. We have considered Coremax Corp'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
61.10
61.10
After-hype Price
62.79
Upside
Coremax Corp is very steady at this time. Analysis and calculation of next after-hype price of Coremax Corp is based on 3 months time horizon.

Coremax Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Coremax Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Coremax Corp 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 Coremax Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
1.69
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
61.10
61.10
0.00 
0.00  
Notes

Coremax Corp Hype Timeline

Coremax Corp is presently traded for 61.10on Taiwan Stock Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Coremax 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 0.07%. %. The volatility of related hype on Coremax Corp is about 0.0%, with the expected price after the next announcement by competition of 61.10. About 29.0% of the company shares are owned by insiders or employees . The book value of Coremax Corp was presently reported as 47.34. The company recorded earning per share (EPS) of 5.4. Coremax Corp last dividend was issued on the 24th of June 2022. The entity had 1:1 split on the 17th of September 2013. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Coremax Corp Basic Forecasting Models to cross-verify your projections.

Coremax Corp Related Hype Analysis

Having access to credible news sources related to Coremax Corp's direct competition is more important than ever and may enhance your ability to predict Coremax Corp's future price movements. Getting to know how Coremax Corp'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 Coremax Corp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
2308Delta Electronics 0.00 0 per month 1.52  0.08  2.85 (2.38) 11.60 
9945Ruentex Development Co 0.00 0 per month 0.00 (0.1) 1.56 (2.24) 7.35 
5245WiseChip Semiconductor 0.00 0 per month 0.00 (0.08) 2.89 (3.44) 14.50 
3034Novatek Microelectronics Corp 0.00 0 per month 0.00 (0.16) 1.91 (2.55) 6.30 
3058Leader Electronics 0.00 0 per month 0.00 (0.16) 2.79 (2.89) 8.09 
3152Advanced Ceramic X 0.00 0 per month 1.86  0.04  4.76 (2.95) 12.61 
6697Information Technology Total 0.00 0 per month 1.60  0.03  3.46 (2.27) 15.29 
6209Kinko Optical Co 0.00 0 per month 1.13 (0.06) 1.98 (1.75) 5.38 
9921Giant Manufacturing Co 0.00 0 per month 0.00 (0.29) 2.38 (4.49) 14.43 
2882ACathay Financial Holding 0.00 0 per month 0.00 (0.52) 0.33 (0.16) 0.82 

Coremax Corp Additional Predictive Modules

Most predictive techniques to examine Coremax price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Coremax using various technical indicators. When you analyze Coremax 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.

About Coremax Corp Predictive Indicators

The successful prediction of Coremax Corp 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 Coremax Corp, 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 Coremax Corp based on analysis of Coremax Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Coremax Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Coremax Corp's related companies.

Story Coverage note for Coremax Corp

The number of cover stories for Coremax Corp depends on current market conditions and Coremax Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Coremax Corp 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 Coremax Corp'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

Coremax Corp Short Properties

Coremax Corp's future price predictability will typically decrease when Coremax Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Coremax Corp often depends not only on the future outlook of the potential Coremax Corp'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. Coremax Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding102.8 M
Short Long Term DebtB

Additional Tools for Coremax Stock Analysis

When running Coremax Corp's price analysis, check to measure Coremax Corp'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 Coremax Corp is operating at the current time. Most of Coremax Corp's value examination focuses on studying past and present price action to predict the probability of Coremax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coremax Corp's price. Additionally, you may evaluate how the addition of Coremax Corp to your portfolios can decrease your overall portfolio volatility.