New Best (Taiwan) Price Prediction
| 5013 Stock | TWD 34.30 0.20 0.59% |
Oversold Vs Overbought
52
Oversold | Overbought |
New Best Wire stock price prediction is an act of determining the future value of New Best shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of New Best'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 New Best and does not consider all of the tangible or intangible factors available from New Best's fundamental data. We analyze noise-free headlines and recent hype associated with New Best Wire, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of New Best based on different types of headlines from major news networks to social media. The New stock price prediction module provides an analysis of price elasticity to changes in media outlook on New Best over a specific investment horizon. Using New Best hype-based prediction, you can estimate the value of New Best Wire from the perspective of New Best response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in New Best. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in New Best to buy its stock at a price that has no basis in reality. In that case, they are not buying New 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.
New Best after-hype prediction price | TWD 34.3 |
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.
New |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Best'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.
New Best After-Hype Price Prediction Density Analysis
As far as predicting the price of New Best 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 New Best 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 New Best, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
New Best Estimiated After-Hype Price Volatility
In the context of predicting New Best's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on New Best's historical news coverage. New Best's after-hype downside and upside margins for the prediction period are 33.48 and 35.12, respectively. We have considered New Best'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
New Best is very steady at this time. Analysis and calculation of next after-hype price of New Best Wire is based on 3 months time horizon.
New Best Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as New Best is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Best 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 New Best, 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 |
0.01 | 0.82 | 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 | ||
34.30 | 34.30 | 0.00 |
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New Best Hype Timeline
New Best Wire is presently traded for 34.30on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. New is estimated 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 estimated to be very small, whereas the daily expected return is presently at -0.01%. %. The volatility of related hype on New Best is about 0.0%, with the expected price after the next announcement by competition of 34.30. About 40.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.37. In the past many companies with similar price-to-book ratios have beat the market. New Best Wire last dividend was issued on the 29th of August 2022. The entity had 1200:1000 split on the 23rd of August 2017. Assuming the 90 days trading horizon the next estimated press release will be in 5 to 10 days. Check out New Best Basic Forecasting Models to cross-verify your projections.New Best Related Hype Analysis
Having access to credible news sources related to New Best's direct competition is more important than ever and may enhance your ability to predict New Best's future price movements. Getting to know how New Best'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 New Best may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 2458 | Elan Microelectronics Corp | 0.00 | 0 per month | 0.00 | (0.06) | 3.56 | (2.18) | 12.35 | |
| 5871 | Chailease Holding Co | 0.00 | 0 per month | 0.00 | (0.13) | 2.01 | (2.30) | 5.45 | |
| 3038 | Emerging Display Technologies | 0.00 | 0 per month | 1.67 | (0.03) | 4.59 | (3.15) | 9.83 | |
| 2630 | Air Asia Co | 0.00 | 0 per month | 1.65 | 0.09 | 6.76 | (2.64) | 15.77 | |
| 3268 | Higher Way Electronic | 0.00 | 0 per month | 0.00 | (0.03) | 8.71 | (4.92) | 19.90 | |
| 4905 | Tainet Communication System | 0.00 | 0 per month | 2.87 | 0.1 | 9.88 | (5.22) | 19.96 | |
| 3045 | Taiwan Mobile Co | 0.00 | 0 per month | 0.62 | (0.05) | 1.46 | (1.11) | 3.42 |
New Best Additional Predictive Modules
Most predictive techniques to examine New price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for New using various technical indicators. When you analyze New 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 New Best Predictive Indicators
The successful prediction of New Best 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 New Best Wire, 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 New Best based on analysis of New Best hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to New Best's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to New Best's related companies. Story Coverage note for New Best
The number of cover stories for New Best depends on current market conditions and New Best's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that New Best 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 New Best'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
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New Best Short Properties
New Best's future price predictability will typically decrease when New Best's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of New Best Wire often depends not only on the future outlook of the potential New Best'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. New Best's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 133.4 M |
Check out New Best Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for New Stock analysis
When running New Best's price analysis, check to measure New Best'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 New Best is operating at the current time. Most of New Best's value examination focuses on studying past and present price action to predict the probability of New Best's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Best's price. Additionally, you may evaluate how the addition of New Best to your portfolios can decrease your overall portfolio volatility.
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