Chipmos Technologies Stock Probability of Future Stock Price Finishing Over 22.25
| IMOS Stock | USD 25.74 2.29 8.17% |
Closest to current price ChipMOS long CALL Option Payoff at Expiration
ChipMOS |
ChipMOS Technologies Target Price Odds to finish over 22.25
The tendency of ChipMOS 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 $ 22.25 in 90 days |
| 25.74 | 90 days | 22.25 | close to 99 |
Based on a normal probability distribution, the odds of ChipMOS Technologies to stay above $ 22.25 in 90 days from now is close to 99 (This ChipMOS Technologies probability density function shows the probability of ChipMOS Stock to fall within a particular range of prices over 90 days) . Probability of ChipMOS Technologies price to stay between $ 22.25 and its current price of $25.74 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.26 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ChipMOS Technologies will likely underperform. Additionally ChipMOS Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. ChipMOS Technologies Price Density |
| Price |
Predictive Modules for ChipMOS Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ChipMOS Technologies. 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 ChipMOS Technologies' 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.
ChipMOS Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ChipMOS Technologies is not an exception. The market had few large corrections towards the ChipMOS Technologies' 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 ChipMOS Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ChipMOS Technologies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 1.26 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | -0.05 |
ChipMOS Technologies 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 ChipMOS Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ChipMOS Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ChipMOS Technologies generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: ChipMOS Reports Mixed Financial Performance - TipRanks.com - TipRanks |
ChipMOS Technologies 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 ChipMOS Stock often depends not only on the future outlook of the current and potential ChipMOS Technologies' 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. ChipMOS Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 734.9 M | |
| Cash And Short Term Investments | 12.4 B |
ChipMOS Technologies Technical Analysis
ChipMOS Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. ChipMOS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ChipMOS Technologies. In general, you should focus on analyzing ChipMOS Stock price patterns and their correlations with different microeconomic environments and drivers.
ChipMOS Technologies Predictive Forecast Models
ChipMOS Technologies' time-series forecasting models is one of many ChipMOS Technologies' 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 ChipMOS Technologies' 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 ChipMOS Technologies
Checking the ongoing alerts about ChipMOS Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ChipMOS Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ChipMOS Technologies generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: ChipMOS Reports Mixed Financial Performance - TipRanks.com - TipRanks |
Check out ChipMOS Technologies Backtesting, ChipMOS Technologies Valuation, ChipMOS Technologies Correlation, ChipMOS Technologies Hype Analysis, ChipMOS Technologies Volatility, ChipMOS Technologies History as well as ChipMOS Technologies Performance. For more information on how to buy ChipMOS Stock please use our How to Invest in ChipMOS Technologies guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for ChipMOS Stock analysis
When running ChipMOS Technologies' price analysis, check to measure ChipMOS Technologies' 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 ChipMOS Technologies is operating at the current time. Most of ChipMOS Technologies' value examination focuses on studying past and present price action to predict the probability of ChipMOS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipMOS Technologies' price. Additionally, you may evaluate how the addition of ChipMOS Technologies to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is ChipMOS Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ChipMOS Technologies. If investors know ChipMOS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ChipMOS Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.114 | Earnings Share 1.66 | Revenue Per Share 587.32 | Quarterly Revenue Growth 0.222 | Return On Assets 0.0261 |
The market value of ChipMOS Technologies is measured differently than its book value, which is the value of ChipMOS that is recorded on the company's balance sheet. Investors also form their own opinion of ChipMOS Technologies' value that differs from its market value or its book value, called intrinsic value, which is ChipMOS Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ChipMOS Technologies' market value can be influenced by many factors that don't directly affect ChipMOS Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ChipMOS Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ChipMOS Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChipMOS Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.