Ta Ya (Taiwan) Chance of Future Stock Price Finishing Under 40.54
| 1609 Stock | TWD 45.75 0.65 1.44% |
1609 |
Ta Ya Target Price Odds to finish below 40.54
The tendency of 1609 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$ 40.54 or more in 90 days |
| 45.75 | 90 days | 40.54 | near 1 |
Based on a normal probability distribution, the odds of Ta Ya to drop to NT$ 40.54 or more in 90 days from now is near 1 (This Ta Ya Electric probability density function shows the probability of 1609 Stock to fall within a particular range of prices over 90 days) . Probability of Ta Ya Electric price to stay between NT$ 40.54 and its current price of NT$45.75 at the end of the 90-day period is about 19.97 .
Assuming the 90 days trading horizon Ta Ya has a beta of 0.38. This suggests as returns on the market go up, Ta Ya average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ta Ya Electric will be expected to be much smaller as well. Additionally Ta Ya Electric has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Ta Ya Price Density |
| Price |
Predictive Modules for Ta Ya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ta Ya Electric. 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.Ta Ya Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ta Ya is not an exception. The market had few large corrections towards the Ta Ya'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 Ta Ya Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ta Ya within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 2.30 | |
Ir | Information ratio | -0.19 |
Ta Ya 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 Ta Ya for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ta Ya Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ta Ya Electric generated a negative expected return over the last 90 days | |
| Ta Ya Electric has accumulated about 6.34 B in cash with (1.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.37. | |
| Roughly 13.0% of the company shares are owned by insiders or employees |
Ta Ya 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 1609 Stock often depends not only on the future outlook of the current and potential Ta Ya'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. Ta Ya's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 638.3 M |
Ta Ya Technical Analysis
Ta Ya's future price can be derived by breaking down and analyzing its technical indicators over time. 1609 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ta Ya Electric. In general, you should focus on analyzing 1609 Stock price patterns and their correlations with different microeconomic environments and drivers.
Ta Ya Predictive Forecast Models
Ta Ya's time-series forecasting models is one of many Ta Ya'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 Ta Ya'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 Ta Ya Electric
Checking the ongoing alerts about Ta Ya for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ta Ya Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ta Ya Electric generated a negative expected return over the last 90 days | |
| Ta Ya Electric has accumulated about 6.34 B in cash with (1.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.37. | |
| Roughly 13.0% of the company shares are owned by insiders or employees |
Additional Tools for 1609 Stock Analysis
When running Ta Ya's price analysis, check to measure Ta Ya'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 Ta Ya is operating at the current time. Most of Ta Ya's value examination focuses on studying past and present price action to predict the probability of Ta Ya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ta Ya's price. Additionally, you may evaluate how the addition of Ta Ya to your portfolios can decrease your overall portfolio volatility.