Victory New (Taiwan) Probability of Future Stock Price Finishing Under 5.06
| 1340 Stock | TWD 9.73 0.05 0.51% |
Victory |
Victory New Target Price Odds to finish below 5.06
The tendency of Victory 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$ 5.06 or more in 90 days |
| 9.73 | 90 days | 5.06 | near 1 |
Based on a normal probability distribution, the odds of Victory New to drop to NT$ 5.06 or more in 90 days from now is near 1 (This Victory New Materials probability density function shows the probability of Victory Stock to fall within a particular range of prices over 90 days) . Probability of Victory New Materials price to stay between NT$ 5.06 and its current price of NT$9.73 at the end of the 90-day period is about 11.05 .
Assuming the 90 days trading horizon Victory New Materials has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Victory New are expected to decrease at a much lower rate. During a bear market, however, Victory New Materials is likely to outperform the market. Additionally Victory New Materials has an alpha of 0.0154, implying that it can generate a 0.0154 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Victory New Price Density |
| Price |
Predictive Modules for Victory New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Victory New Materials. 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.Victory New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Victory New is not an exception. The market had few large corrections towards the Victory New'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 Victory New Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Victory New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.07 |
Victory New 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 Victory New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Victory New Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 650.63 M. Net Loss for the year was (512.49 M) with loss before overhead, payroll, taxes, and interest of (378.87 M). | |
| Victory New Materials has accumulated about 4.8 B in cash with (457.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.5, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company shares are owned by insiders or employees |
Victory New 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 Victory Stock often depends not only on the future outlook of the current and potential Victory New'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. Victory New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 152.9 M |
Victory New Technical Analysis
Victory New's future price can be derived by breaking down and analyzing its technical indicators over time. Victory Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Victory New Materials. In general, you should focus on analyzing Victory Stock price patterns and their correlations with different microeconomic environments and drivers.
Victory New Predictive Forecast Models
Victory New's time-series forecasting models is one of many Victory New'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 Victory New'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 Victory New Materials
Checking the ongoing alerts about Victory New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Victory New Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 650.63 M. Net Loss for the year was (512.49 M) with loss before overhead, payroll, taxes, and interest of (378.87 M). | |
| Victory New Materials has accumulated about 4.8 B in cash with (457.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.5, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company shares are owned by insiders or employees |
Additional Tools for Victory Stock Analysis
When running Victory New's price analysis, check to measure Victory New'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 Victory New is operating at the current time. Most of Victory New's value examination focuses on studying past and present price action to predict the probability of Victory New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victory New's price. Additionally, you may evaluate how the addition of Victory New to your portfolios can decrease your overall portfolio volatility.