Amita Technologies (Taiwan) Probability of Future Stock Price Finishing Over 27.58
| 5233 Stock | TWD 26.80 0.35 1.32% |
Amita |
Amita Technologies Target Price Odds to finish over 27.58
The tendency of Amita 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 move over NT$ 27.58 or more in 90 days |
| 26.80 | 90 days | 27.58 | about 90.9 |
Based on a normal probability distribution, the odds of Amita Technologies to move over NT$ 27.58 or more in 90 days from now is about 90.9 (This Amita Technologies probability density function shows the probability of Amita Stock to fall within a particular range of prices over 90 days) . Probability of Amita Technologies price to stay between its current price of NT$ 26.80 and NT$ 27.58 at the end of the 90-day period is nearly 4.35 .
Assuming the 90 days trading horizon Amita Technologies has a beta of -0.33. This suggests as returns on the benchmark increase, returns on holding Amita Technologies are expected to decrease at a much lower rate. During a bear market, however, Amita Technologies is likely to outperform the market. Additionally Amita Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Amita Technologies Price Density |
| Price |
Predictive Modules for Amita Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amita Technologies. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amita Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amita Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amita Technologies is not an exception. The market had few large corrections towards the Amita Technologies' 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 Amita Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amita Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.24 | |
β | Beta against NYSE Composite | -0.33 | |
σ | Overall volatility | 2.33 | |
Ir | Information ratio | -0.1 |
Amita Technologies 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 Amita Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amita Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amita Technologies generated a negative expected return over the last 90 days | |
| Amita Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 2.52 B in total debt with debt to equity ratio (D/E) of 0.89, which is about average as compared to similar companies. Amita Technologies has a current ratio of 0.49, 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 Amita Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Amita Technologies' 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 Amita Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amita to invest in growth at high rates of return. When we think about Amita Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 244.22 M. Net Loss for the year was (317.15 M) with loss before overhead, payroll, taxes, and interest of (143.77 M). | |
| Amita Technologies has accumulated about 586.94 M in cash with (220.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.99. |
Amita Technologies 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 Amita Stock often depends not only on the future outlook of the current and potential Amita Technologies' 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. Amita Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 70.28k | |
| Average Daily Volume In Three Month | 123.42k |
Amita Technologies Technical Analysis
Amita Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Amita Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amita Technologies. In general, you should focus on analyzing Amita Stock price patterns and their correlations with different microeconomic environments and drivers.
Amita Technologies Predictive Forecast Models
Amita Technologies' time-series forecasting models is one of many Amita Technologies' 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 Amita Technologies' 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 Amita Technologies
Checking the ongoing alerts about Amita Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amita Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amita Technologies generated a negative expected return over the last 90 days | |
| Amita Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 2.52 B in total debt with debt to equity ratio (D/E) of 0.89, which is about average as compared to similar companies. Amita Technologies has a current ratio of 0.49, 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 Amita Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Amita Technologies' 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 Amita Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amita to invest in growth at high rates of return. When we think about Amita Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 244.22 M. Net Loss for the year was (317.15 M) with loss before overhead, payroll, taxes, and interest of (143.77 M). | |
| Amita Technologies has accumulated about 586.94 M in cash with (220.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.99. |
Check out Amita Technologies Backtesting, Amita Technologies Valuation, Amita Technologies Correlation, Amita Technologies Hype Analysis, Amita Technologies Volatility, Amita Technologies History as well as Amita Technologies Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Amita Stock analysis
When running Amita Technologies' price analysis, check to measure Amita Technologies' 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 Amita Technologies is operating at the current time. Most of Amita Technologies' value examination focuses on studying past and present price action to predict the probability of Amita Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amita Technologies' price. Additionally, you may evaluate how the addition of Amita Technologies to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |