Hua Jung (Taiwan) Odds of Future Stock Price Finishing Over 7.38
| 5328 Stock | TWD 13.75 0.15 1.10% |
Hua |
Hua Jung Target Price Odds to finish over 7.38
The tendency of Hua 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 stay above NT$ 7.38 in 90 days |
| 13.75 | 90 days | 7.38 | close to 99 |
Based on a normal probability distribution, the odds of Hua Jung to stay above NT$ 7.38 in 90 days from now is close to 99 (This Hua Jung Components probability density function shows the probability of Hua Stock to fall within a particular range of prices over 90 days) . Probability of Hua Jung Components price to stay between NT$ 7.38 and its current price of NT$13.75 at the end of the 90-day period is about 1.1 .
Assuming the 90 days trading horizon Hua Jung has a beta of 0.12. This suggests as returns on the market go up, Hua Jung average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hua Jung Components will be expected to be much smaller as well. Additionally Hua Jung Components has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Hua Jung Price Density |
| Price |
Predictive Modules for Hua Jung
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hua Jung Components. 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 Hua Jung'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.
Hua Jung Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hua Jung is not an exception. The market had few large corrections towards the Hua Jung'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 Hua Jung Components, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hua Jung within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | 0.12 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.11 |
Hua Jung 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 Hua Jung for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hua Jung Components can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hua Jung Components generated a negative expected return over the last 90 days | |
| Hua Jung Components has high likelihood to experience some financial distress in the next 2 years | |
| About 41.0% of the company shares are owned by insiders or employees |
Hua Jung 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 Hua Stock often depends not only on the future outlook of the current and potential Hua Jung'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. Hua Jung's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 172.7 M |
Hua Jung Technical Analysis
Hua Jung's future price can be derived by breaking down and analyzing its technical indicators over time. Hua Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hua Jung Components. In general, you should focus on analyzing Hua Stock price patterns and their correlations with different microeconomic environments and drivers.
Hua Jung Predictive Forecast Models
Hua Jung's time-series forecasting models is one of many Hua Jung'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 Hua Jung'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 Hua Jung Components
Checking the ongoing alerts about Hua Jung for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hua Jung Components help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hua Jung Components generated a negative expected return over the last 90 days | |
| Hua Jung Components has high likelihood to experience some financial distress in the next 2 years | |
| About 41.0% of the company shares are owned by insiders or employees |
Check out Hua Jung Backtesting, Hua Jung Valuation, Hua Jung Correlation, Hua Jung Hype Analysis, Hua Jung Volatility, Hua Jung History as well as Hua Jung Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Hua Stock analysis
When running Hua Jung's price analysis, check to measure Hua Jung'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 Hua Jung is operating at the current time. Most of Hua Jung's value examination focuses on studying past and present price action to predict the probability of Hua Jung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hua Jung's price. Additionally, you may evaluate how the addition of Hua Jung to your portfolios can decrease your overall portfolio volatility.
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