Lien Chang (Taiwan) Probability of Future Stock Price Finishing Under 11.04
| 2431 Stock | TWD 15.40 0.30 1.91% |
Lien |
Lien Chang Target Price Odds to finish below 11.04
The tendency of Lien 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$ 11.04 or more in 90 days |
| 15.40 | 90 days | 11.04 | nearly 4.31 |
Based on a normal probability distribution, the odds of Lien Chang to drop to NT$ 11.04 or more in 90 days from now is nearly 4.31 (This Lien Chang Electronic probability density function shows the probability of Lien Stock to fall within a particular range of prices over 90 days) . Probability of Lien Chang Electronic price to stay between NT$ 11.04 and its current price of NT$15.4 at the end of the 90-day period is about 55.22 .
Assuming the 90 days trading horizon Lien Chang Electronic has a beta of -1.93. This suggests as returns on its benchmark rise, returns on holding Lien Chang Electronic are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Lien Chang is expected to outperform its benchmark. Additionally Lien Chang Electronic has an alpha of 0.603, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lien Chang Price Density |
| Price |
Predictive Modules for Lien Chang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lien Chang Electronic. 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.Lien Chang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lien Chang is not an exception. The market had few large corrections towards the Lien Chang'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 Lien Chang Electronic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lien Chang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | -1.93 | |
σ | Overall volatility | 2.23 | |
Ir | Information ratio | 0.06 |
Lien Chang 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 Lien Chang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lien Chang Electronic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lien Chang had very high historical volatility over the last 90 days | |
| Lien Chang Electronic has accumulated about 487.52 M in cash with (83.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.39. | |
| Roughly 41.0% of the company shares are owned by insiders or employees |
Lien Chang 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 Lien Stock often depends not only on the future outlook of the current and potential Lien Chang'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. Lien Chang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110.9 M |
Lien Chang Technical Analysis
Lien Chang's future price can be derived by breaking down and analyzing its technical indicators over time. Lien Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lien Chang Electronic. In general, you should focus on analyzing Lien Stock price patterns and their correlations with different microeconomic environments and drivers.
Lien Chang Predictive Forecast Models
Lien Chang's time-series forecasting models is one of many Lien Chang'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 Lien Chang'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 Lien Chang Electronic
Checking the ongoing alerts about Lien Chang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lien Chang Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lien Chang had very high historical volatility over the last 90 days | |
| Lien Chang Electronic has accumulated about 487.52 M in cash with (83.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.39. | |
| Roughly 41.0% of the company shares are owned by insiders or employees |
Additional Tools for Lien Stock Analysis
When running Lien Chang's price analysis, check to measure Lien Chang'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 Lien Chang is operating at the current time. Most of Lien Chang's value examination focuses on studying past and present price action to predict the probability of Lien Chang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lien Chang's price. Additionally, you may evaluate how the addition of Lien Chang to your portfolios can decrease your overall portfolio volatility.