Yung Zip (Taiwan) Odds of Future Stock Price Finishing Under 17.0
| 4102 Stock | TWD 35.40 0.45 1.26% |
Yung |
Yung Zip Target Price Odds to finish below 17.0
The tendency of Yung 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$ 17.00 or more in 90 days |
| 35.40 | 90 days | 17.00 | near 1 |
Based on a normal probability distribution, the odds of Yung Zip to drop to NT$ 17.00 or more in 90 days from now is near 1 (This Yung Zip Chemical probability density function shows the probability of Yung Stock to fall within a particular range of prices over 90 days) . Probability of Yung Zip Chemical price to stay between NT$ 17.00 and its current price of NT$35.4 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Yung Zip Chemical has a beta of -0.74. This suggests as returns on the benchmark increase, returns on holding Yung Zip are expected to decrease at a much lower rate. During a bear market, however, Yung Zip Chemical is likely to outperform the market. Additionally Yung Zip Chemical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Yung Zip Price Density |
| Price |
Predictive Modules for Yung Zip
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yung Zip Chemical. 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 Yung Zip'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.
Yung Zip Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yung Zip is not an exception. The market had few large corrections towards the Yung Zip'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 Yung Zip Chemical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yung Zip within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -0.74 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.1 |
Yung Zip 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 Yung Zip for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yung Zip Chemical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yung Zip Chemical generated a negative expected return over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
Yung Zip 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 Yung Stock often depends not only on the future outlook of the current and potential Yung Zip'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. Yung Zip's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.4 M |
Yung Zip Technical Analysis
Yung Zip's future price can be derived by breaking down and analyzing its technical indicators over time. Yung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yung Zip Chemical. In general, you should focus on analyzing Yung Stock price patterns and their correlations with different microeconomic environments and drivers.
Yung Zip Predictive Forecast Models
Yung Zip's time-series forecasting models is one of many Yung Zip'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 Yung Zip'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 Yung Zip Chemical
Checking the ongoing alerts about Yung Zip for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yung Zip Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yung Zip Chemical generated a negative expected return over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
Check out Yung Zip Backtesting, Yung Zip Valuation, Yung Zip Correlation, Yung Zip Hype Analysis, Yung Zip Volatility, Yung Zip History as well as Yung Zip Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Yung Stock analysis
When running Yung Zip's price analysis, check to measure Yung Zip'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 Yung Zip is operating at the current time. Most of Yung Zip's value examination focuses on studying past and present price action to predict the probability of Yung Zip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yung Zip's price. Additionally, you may evaluate how the addition of Yung Zip to your portfolios can decrease your overall portfolio volatility.
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