Hon Hai Precision Stock Odds of Future Pink Sheet Price Finishing Under 5.01
| HNHPF Stock | USD 8.86 0.22 2.55% |
Hon |
Hon Hai Target Price Odds to finish below 5.01
The tendency of Hon Pink Sheet 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 $ 5.01 or more in 90 days |
| 8.86 | 90 days | 5.01 | roughly 2.75 |
Based on a normal probability distribution, the odds of Hon Hai to drop to $ 5.01 or more in 90 days from now is roughly 2.75 (This Hon Hai Precision probability density function shows the probability of Hon Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Hon Hai Precision price to stay between $ 5.01 and its current price of $8.86 at the end of the 90-day period is about 81.36 .
Assuming the 90 days horizon Hon Hai has a beta of 0.58. This usually indicates as returns on the market go up, Hon Hai average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hon Hai Precision will be expected to be much smaller as well. Additionally Hon Hai Precision has an alpha of 0.4611, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Hon Hai Price Density |
| Price |
Predictive Modules for Hon Hai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hon Hai Precision. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Hon Hai'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.
Hon Hai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hon Hai is not an exception. The market had few large corrections towards the Hon Hai'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 Hon Hai Precision, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hon Hai within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.46 | |
β | Beta against NYSE Composite | 0.58 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.17 |
Hon Hai 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 Hon Hai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hon Hai Precision can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hon Hai Precision has accumulated about 1.27 T in cash with (98.21 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 182.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Hon Hai 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 Hon Pink Sheet often depends not only on the future outlook of the current and potential Hon Hai'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. Hon Hai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.9 B |
Hon Hai Technical Analysis
Hon Hai's future price can be derived by breaking down and analyzing its technical indicators over time. Hon Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hon Hai Precision. In general, you should focus on analyzing Hon Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Hon Hai Predictive Forecast Models
Hon Hai's time-series forecasting models is one of many Hon Hai's pink sheet 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 Hon Hai'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Hon Hai Precision
Checking the ongoing alerts about Hon Hai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hon Hai Precision help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hon Hai Precision has accumulated about 1.27 T in cash with (98.21 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 182.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Hon Hai Backtesting, Hon Hai Valuation, Hon Hai Correlation, Hon Hai Hype Analysis, Hon Hai Volatility, Hon Hai History as well as Hon Hai Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Hon Pink Sheet analysis
When running Hon Hai's price analysis, check to measure Hon Hai'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 Hon Hai is operating at the current time. Most of Hon Hai's value examination focuses on studying past and present price action to predict the probability of Hon Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hon Hai's price. Additionally, you may evaluate how the addition of Hon Hai to your portfolios can decrease your overall portfolio volatility.
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