CATHAY SECURITIES (Taiwan) Today

CATHAY SECURITIES is trading at 0.07 as of the 26th of September 2021, a No Change since the beginning of the trading day. The stock's open price was 0.07. Equity ratings for CATHAY SECURITIES CORPORATION are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of October 2019 and ending today, the 26th of September 2021. Click here to learn more.

CATHAY SECURITIES Stock Profile

CATHAY SECURITIES is not yet fully synchronised with the market data
CATHAY SECURITIES generates negative expected return over the last 90 days
CATHAY SECURITIES has high historical volatility and very poor performance
CATHAY SECURITIES has some characteristics of a very speculative penny stock
Legal NameCATHAY SECURITIES CORPORATION
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of CATHAY SECURITIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
CATHAY SECURITIES CORPORATION (084582) is traded on Taiwan Stock Exchange in Taiwan .
Check CATHAY SECURITIES Probability Of Bankruptcy

CATHAY Stock Price Odds Analysis

What are CATHAY SECURITIES's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of CATHAY SECURITIES jumping above the current price in 90 days from now is about 86.33%. The CATHAY SECURITIES CORPORATION probability density function shows the probability of CATHAY SECURITIES stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CATHAY SECURITIES CORPORATION has a beta of -0.0141. This suggests as returns on benchmark increase, returns on holding CATHAY SECURITIES are expected to decrease at a much lower rate. During the bear market, however, CATHAY SECURITIES CORPORATION is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. CATHAY SECURITIES is significantly underperforming DOW.
 Odds Down 0.07HorizonTargetOdds Up 0.07 
13.64%90 days
 0.07 
86.33%
Based on a normal probability distribution, the odds of CATHAY SECURITIES to move above the current price in 90 days from now is about 86.33 (This CATHAY SECURITIES CORPORATION probability density function shows the probability of CATHAY Stock to fall within a particular range of prices over 90 days) .

CATHAY SECURITIES Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CATHAY SECURITIES market risk premium is the additional return an investor will receive from holding CATHAY SECURITIES long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CATHAY SECURITIES. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CATHAY SECURITIES's alpha and beta are two of the key measurements used to evaluate CATHAY SECURITIES's performance over the market, the standard measures of volatility play an important role as well.

CATHAY Stock Against Markets

Picking the right benchmark for CATHAY SECURITIES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CATHAY SECURITIES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CATHAY SECURITIES is critical whether you are bullish or bearish towards CATHAY SECURITIES CORPORATION at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CATHAY SECURITIES stock to make a market-neutral strategy. Peer analysis of CATHAY SECURITIES could also be used in its relative valuation, which is a method of valuing CATHAY SECURITIES by comparing valuation metrics with similar companies.
Please continue to Trending Equities. Note that the CATHAY SECURITIES information on this page should be used as a complementary analysis to other CATHAY SECURITIES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Other Tools for CATHAY Stock

When running CATHAY SECURITIES price analysis, check to measure CATHAY SECURITIES'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 CATHAY SECURITIES is operating at the current time. Most of CATHAY SECURITIES's value examination focuses on studying past and present price action to predict the probability of CATHAY SECURITIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CATHAY SECURITIES's price. Additionally, you may evaluate how the addition of CATHAY SECURITIES to your portfolios can decrease your overall portfolio volatility.
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