BES Engineering (Taiwan) Probability of Future Stock Price Finishing Over 16.61
| 2515 Stock | TWD 11.25 0.05 0.44% |
BES |
BES Engineering Target Price Odds to finish over 16.61
The tendency of BES 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 move over NT$ 16.61 or more in 90 days |
| 11.25 | 90 days | 16.61 | near 1 |
Based on a normal probability distribution, the odds of BES Engineering to move over NT$ 16.61 or more in 90 days from now is near 1 (This BES Engineering Co probability density function shows the probability of BES Stock to fall within a particular range of prices over 90 days) . Probability of BES Engineering price to stay between its current price of NT$ 11.25 and NT$ 16.61 at the end of the 90-day period is about 63.45 .
Assuming the 90 days trading horizon BES Engineering has a beta of 0.31. This suggests as returns on the market go up, BES Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BES Engineering Co will be expected to be much smaller as well. Additionally BES Engineering Co 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. BES Engineering Price Density |
| Price |
Predictive Modules for BES Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BES Engineering. 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.BES Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BES Engineering is not an exception. The market had few large corrections towards the BES Engineering'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 BES Engineering Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BES Engineering within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.13 |
BES Engineering 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 BES Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BES Engineering can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BES Engineering generated a negative expected return over the last 90 days | |
| About 18.0% of the company shares are owned by insiders or employees |
BES Engineering 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 BES Stock often depends not only on the future outlook of the current and potential BES Engineering'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. BES Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
BES Engineering Technical Analysis
BES Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. BES Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BES Engineering Co. In general, you should focus on analyzing BES Stock price patterns and their correlations with different microeconomic environments and drivers.
BES Engineering Predictive Forecast Models
BES Engineering's time-series forecasting models is one of many BES Engineering'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 BES Engineering'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 BES Engineering
Checking the ongoing alerts about BES Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BES Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BES Engineering generated a negative expected return over the last 90 days | |
| About 18.0% of the company shares are owned by insiders or employees |
Additional Tools for BES Stock Analysis
When running BES Engineering's price analysis, check to measure BES Engineering'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 BES Engineering is operating at the current time. Most of BES Engineering's value examination focuses on studying past and present price action to predict the probability of BES Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BES Engineering's price. Additionally, you may evaluate how the addition of BES Engineering to your portfolios can decrease your overall portfolio volatility.