Hocheng Corp (Taiwan) Probability of Future Stock Price Finishing Over 17.13
| 1810 Stock | TWD 17.25 0.05 0.29% |
Hocheng |
Hocheng Corp Target Price Odds to finish over 17.13
The tendency of Hocheng 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 stay above NT$ 17.13 in 90 days |
| 17.25 | 90 days | 17.13 | about 85.65 |
Based on a normal probability distribution, the odds of Hocheng Corp to stay above NT$ 17.13 in 90 days from now is about 85.65 (This Hocheng Corp probability density function shows the probability of Hocheng Stock to fall within a particular range of prices over 90 days) . Probability of Hocheng Corp price to stay between NT$ 17.13 and its current price of NT$17.25 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Hocheng Corp has a beta of 0.19. This suggests as returns on the market go up, Hocheng Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hocheng Corp will be expected to be much smaller as well. Additionally Hocheng Corp 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. Hocheng Corp Price Density |
| Price |
Predictive Modules for Hocheng Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hocheng 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.Hocheng Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hocheng Corp is not an exception. The market had few large corrections towards the Hocheng Corp'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 Hocheng Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hocheng Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | -0.11 |
Hocheng Corp 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 Hocheng Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hocheng 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.| Hocheng Corp generated a negative expected return over the last 90 days | |
| About 29.0% of the company shares are owned by insiders or employees |
Hocheng Corp 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 Hocheng Stock often depends not only on the future outlook of the current and potential Hocheng Corp'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. Hocheng Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 368.1 M |
Hocheng Corp Technical Analysis
Hocheng Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Hocheng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hocheng Corp. In general, you should focus on analyzing Hocheng Stock price patterns and their correlations with different microeconomic environments and drivers.
Hocheng Corp Predictive Forecast Models
Hocheng Corp's time-series forecasting models is one of many Hocheng Corp'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 Hocheng Corp'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 Hocheng Corp
Checking the ongoing alerts about Hocheng Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hocheng Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hocheng Corp generated a negative expected return over the last 90 days | |
| About 29.0% of the company shares are owned by insiders or employees |
Additional Tools for Hocheng Stock Analysis
When running Hocheng Corp's price analysis, check to measure Hocheng Corp'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 Hocheng Corp is operating at the current time. Most of Hocheng Corp's value examination focuses on studying past and present price action to predict the probability of Hocheng Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hocheng Corp's price. Additionally, you may evaluate how the addition of Hocheng Corp to your portfolios can decrease your overall portfolio volatility.