Taihan Precision (Taiwan) Probability of Future Stock Price Finishing Under 16.8
| 1336 Stock | TWD 19.40 0.30 1.52% |
Taihan |
Taihan Precision Target Price Odds to finish below 16.8
The tendency of Taihan 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 drop to NT$ 16.80 or more in 90 days |
| 19.40 | 90 days | 16.80 | near 1 |
Based on a normal probability distribution, the odds of Taihan Precision to drop to NT$ 16.80 or more in 90 days from now is near 1 (This Taihan Precision Technology probability density function shows the probability of Taihan Stock to fall within a particular range of prices over 90 days) . Probability of Taihan Precision Tec price to stay between NT$ 16.80 and its current price of NT$19.4 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Taihan Precision has a beta of 0.14. This suggests as returns on the market go up, Taihan Precision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taihan Precision Technology will be expected to be much smaller as well. Additionally Taihan Precision Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Taihan Precision Price Density |
| Price |
Predictive Modules for Taihan Precision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taihan Precision Tec. 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 Taihan Precision'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.
Taihan Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taihan Precision is not an exception. The market had few large corrections towards the Taihan Precision'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 Taihan Precision Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taihan Precision within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 0.14 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.12 |
Taihan Precision 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 Taihan Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taihan Precision Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taihan Precision Tec generated a negative expected return over the last 90 days | |
| About 44.0% of the company shares are owned by insiders or employees |
Taihan Precision 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 Taihan Stock often depends not only on the future outlook of the current and potential Taihan Precision'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. Taihan Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 77.1 M |
Taihan Precision Technical Analysis
Taihan Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Taihan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taihan Precision Technology. In general, you should focus on analyzing Taihan Stock price patterns and their correlations with different microeconomic environments and drivers.
Taihan Precision Predictive Forecast Models
Taihan Precision's time-series forecasting models is one of many Taihan Precision'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 Taihan Precision'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 Taihan Precision Tec
Checking the ongoing alerts about Taihan Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taihan Precision Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taihan Precision Tec generated a negative expected return over the last 90 days | |
| About 44.0% of the company shares are owned by insiders or employees |
Check out Taihan Precision Backtesting, Taihan Precision Valuation, Taihan Precision Correlation, Taihan Precision Hype Analysis, Taihan Precision Volatility, Taihan Precision History as well as Taihan Precision Performance. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Taihan Stock analysis
When running Taihan Precision's price analysis, check to measure Taihan Precision'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 Taihan Precision is operating at the current time. Most of Taihan Precision's value examination focuses on studying past and present price action to predict the probability of Taihan Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taihan Precision's price. Additionally, you may evaluate how the addition of Taihan Precision to your portfolios can decrease your overall portfolio volatility.
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