TTET Union (Taiwan) Probability of Future Stock Price Finishing Under 132.17
| 1232 Stock | TWD 146.50 1.00 0.69% |
TTET |
TTET Union Target Price Odds to finish below 132.17
The tendency of TTET 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 drop to NT$ 132.17 or more in 90 days |
| 146.50 | 90 days | 132.17 | near 1 |
Based on a normal probability distribution, the odds of TTET Union to drop to NT$ 132.17 or more in 90 days from now is near 1 (This TTET Union Corp probability density function shows the probability of TTET Stock to fall within a particular range of prices over 90 days) . Probability of TTET Union Corp price to stay between NT$ 132.17 and its current price of NT$146.5 at the end of the 90-day period is about 23.99 .
Assuming the 90 days trading horizon TTET Union Corp has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding TTET Union are expected to decrease at a much lower rate. During a bear market, however, TTET Union Corp is likely to outperform the market. Additionally TTET Union Corp has an alpha of 0.0105, implying that it can generate a 0.0105 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TTET Union Price Density |
| Price |
Predictive Modules for TTET Union
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TTET Union Corp. 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.TTET Union Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TTET Union is not an exception. The market had few large corrections towards the TTET Union'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 TTET Union Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TTET Union within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 3.37 | |
Ir | Information ratio | -0.11 |
TTET Union 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 TTET Union for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TTET Union Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TTET Union Corp generated a negative expected return over the last 90 days | |
| About 76.0% of the company shares are owned by insiders or employees |
TTET Union 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 TTET Stock often depends not only on the future outlook of the current and potential TTET Union'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. TTET Union's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160 M | |
| Dividends Paid | 959.9 M | |
| Short Long Term Debt | 140.3 M |
TTET Union Technical Analysis
TTET Union's future price can be derived by breaking down and analyzing its technical indicators over time. TTET Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TTET Union Corp. In general, you should focus on analyzing TTET Stock price patterns and their correlations with different microeconomic environments and drivers.
TTET Union Predictive Forecast Models
TTET Union's time-series forecasting models is one of many TTET Union'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 TTET Union'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 TTET Union Corp
Checking the ongoing alerts about TTET Union for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TTET Union Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TTET Union Corp generated a negative expected return over the last 90 days | |
| About 76.0% of the company shares are owned by insiders or employees |
Additional Tools for TTET Stock Analysis
When running TTET Union's price analysis, check to measure TTET Union'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 TTET Union is operating at the current time. Most of TTET Union's value examination focuses on studying past and present price action to predict the probability of TTET Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTET Union's price. Additionally, you may evaluate how the addition of TTET Union to your portfolios can decrease your overall portfolio volatility.