CGS International (Taiwan) Probability of Future Stock Price Finishing Over 39.90
| 5310 Stock | TWD 39.90 0.40 1.01% |
CGS |
CGS International Target Price Odds to finish over 39.90
The tendency of CGS 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 above the current price in 90 days |
| 39.90 | 90 days | 39.90 | about 49.89 |
Based on a normal probability distribution, the odds of CGS International to move above the current price in 90 days from now is about 49.89 (This CGS International probability density function shows the probability of CGS Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CGS International has a beta of 1.0. This suggests CGS International market returns are correlated to returns on the market. As the market goes up or down, CGS International is expected to follow. Additionally CGS International has an alpha of 0.7006, implying that it can generate a 0.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). CGS International Price Density |
| Price |
Predictive Modules for CGS International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CGS International. 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 CGS International's 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.
CGS International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CGS International is not an exception. The market had few large corrections towards the CGS International'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 CGS International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CGS International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.70 | |
β | Beta against NYSE Composite | 1.00 | |
σ | Overall volatility | 7.26 | |
Ir | Information ratio | 0.14 |
CGS International 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 CGS International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CGS International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CGS International is way too risky over 90 days horizon | |
| CGS International appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (167.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CGS International has accumulated about 91.85 M in cash with (97.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89. |
CGS International Technical Analysis
CGS International's future price can be derived by breaking down and analyzing its technical indicators over time. CGS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CGS International. In general, you should focus on analyzing CGS Stock price patterns and their correlations with different microeconomic environments and drivers.
CGS International Predictive Forecast Models
CGS International's time-series forecasting models is one of many CGS International'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 CGS International'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 CGS International
Checking the ongoing alerts about CGS International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CGS International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CGS International is way too risky over 90 days horizon | |
| CGS International appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (167.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CGS International has accumulated about 91.85 M in cash with (97.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89. |
Check out CGS International Backtesting, CGS International Valuation, CGS International Correlation, CGS International Hype Analysis, CGS International Volatility, CGS International History as well as CGS International Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for CGS Stock analysis
When running CGS International's price analysis, check to measure CGS International'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 CGS International is operating at the current time. Most of CGS International's value examination focuses on studying past and present price action to predict the probability of CGS International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGS International's price. Additionally, you may evaluate how the addition of CGS International to your portfolios can decrease your overall portfolio volatility.
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