GAME HOURS (Taiwan) Probability of Future Stock Price Finishing Over 8.10
| 6626 Stock | 8.10 0.10 1.25% |
GAME |
GAME HOURS Target Price Odds to finish over 8.10
The tendency of GAME 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 |
| 8.10 | 90 days | 8.10 | about 85.44 |
Based on a normal probability distribution, the odds of GAME HOURS to move above the current price in 90 days from now is about 85.44 (This GAME HOURS probability density function shows the probability of GAME Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon GAME HOURS has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding GAME HOURS are expected to decrease at a much lower rate. During a bear market, however, GAME HOURS is likely to outperform the market. Additionally GAME HOURS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. GAME HOURS Price Density |
| Price |
Predictive Modules for GAME HOURS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GAME HOURS. 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 GAME HOURS'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.
GAME HOURS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GAME HOURS is not an exception. The market had few large corrections towards the GAME HOURS'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 GAME HOURS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GAME HOURS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | -0.09 |
GAME HOURS 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 GAME HOURS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GAME HOURS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GAME HOURS generated a negative expected return over the last 90 days | |
| GAME HOURS has high historical volatility and very poor performance |
GAME HOURS Technical Analysis
GAME HOURS's future price can be derived by breaking down and analyzing its technical indicators over time. GAME Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GAME HOURS. In general, you should focus on analyzing GAME Stock price patterns and their correlations with different microeconomic environments and drivers.
GAME HOURS Predictive Forecast Models
GAME HOURS's time-series forecasting models is one of many GAME HOURS'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 GAME HOURS'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 GAME HOURS
Checking the ongoing alerts about GAME HOURS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GAME HOURS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GAME HOURS generated a negative expected return over the last 90 days | |
| GAME HOURS has high historical volatility and very poor performance |
Additional Tools for GAME Stock Analysis
When running GAME HOURS's price analysis, check to measure GAME HOURS'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 GAME HOURS is operating at the current time. Most of GAME HOURS's value examination focuses on studying past and present price action to predict the probability of GAME HOURS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GAME HOURS's price. Additionally, you may evaluate how the addition of GAME HOURS to your portfolios can decrease your overall portfolio volatility.