Gordon Auto (Taiwan) Probability of Future Stock Price Finishing Under 36.80
| 1524 Stock | TWD 39.15 0.55 1.42% |
Gordon |
Gordon Auto Target Price Odds to finish below 36.80
The tendency of Gordon 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$ 36.80 or more in 90 days |
| 39.15 | 90 days | 36.80 | about 76.75 |
Based on a normal probability distribution, the odds of Gordon Auto to drop to NT$ 36.80 or more in 90 days from now is about 76.75 (This Gordon Auto Body probability density function shows the probability of Gordon Stock to fall within a particular range of prices over 90 days) . Probability of Gordon Auto Body price to stay between NT$ 36.80 and its current price of NT$39.15 at the end of the 90-day period is about 18.7 .
Assuming the 90 days trading horizon Gordon Auto has a beta of 0.3. This suggests as returns on the market go up, Gordon Auto average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gordon Auto Body will be expected to be much smaller as well. Additionally Gordon Auto Body has an alpha of 0.3492, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Gordon Auto Price Density |
| Price |
Predictive Modules for Gordon Auto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gordon Auto Body. 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.Gordon Auto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gordon Auto is not an exception. The market had few large corrections towards the Gordon Auto'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 Gordon Auto Body, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gordon Auto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 2.42 | |
Ir | Information ratio | 0.11 |
Gordon Auto 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 Gordon Auto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gordon Auto Body can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gordon Auto Body has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 37.0% of the company shares are owned by insiders or employees |
Gordon Auto 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 Gordon Stock often depends not only on the future outlook of the current and potential Gordon Auto'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. Gordon Auto's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 165.3 M |
Gordon Auto Technical Analysis
Gordon Auto's future price can be derived by breaking down and analyzing its technical indicators over time. Gordon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gordon Auto Body. In general, you should focus on analyzing Gordon Stock price patterns and their correlations with different microeconomic environments and drivers.
Gordon Auto Predictive Forecast Models
Gordon Auto's time-series forecasting models is one of many Gordon Auto'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 Gordon Auto'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 Gordon Auto Body
Checking the ongoing alerts about Gordon Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gordon Auto Body help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gordon Auto Body has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 37.0% of the company shares are owned by insiders or employees |
Additional Tools for Gordon Stock Analysis
When running Gordon Auto's price analysis, check to measure Gordon Auto'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 Gordon Auto is operating at the current time. Most of Gordon Auto's value examination focuses on studying past and present price action to predict the probability of Gordon Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gordon Auto's price. Additionally, you may evaluate how the addition of Gordon Auto to your portfolios can decrease your overall portfolio volatility.