Taichung Commercial (Taiwan) Probability of Future Stock Price Finishing Over 18.70
| 2812 Stock | TWD 18.70 0.05 0.27% |
Taichung |
Taichung Commercial Target Price Odds to finish over 18.70
The tendency of Taichung 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 above the current price in 90 days |
| 18.70 | 90 days | 18.70 | about 1.01 |
Based on a normal probability distribution, the odds of Taichung Commercial to move above the current price in 90 days from now is about 1.01 (This Taichung Commercial Bank probability density function shows the probability of Taichung Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Taichung Commercial has a beta of 0.0233. This suggests as returns on the market go up, Taichung Commercial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taichung Commercial Bank will be expected to be much smaller as well. Additionally Taichung Commercial Bank has an alpha of 0.0568, implying that it can generate a 0.0568 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Taichung Commercial Price Density |
| Price |
Predictive Modules for Taichung Commercial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taichung Commercial Bank. 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.Taichung Commercial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taichung Commercial is not an exception. The market had few large corrections towards the Taichung Commercial'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 Taichung Commercial Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taichung Commercial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.07 |
Taichung Commercial 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 Taichung Commercial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taichung Commercial Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taichung Commercial has high likelihood to experience some financial distress in the next 2 years | |
| Taichung Commercial Bank has accumulated about 51.06 B in cash with (20.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.72. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Taichung Commercial 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 Taichung Stock often depends not only on the future outlook of the current and potential Taichung Commercial'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. Taichung Commercial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 B |
Taichung Commercial Technical Analysis
Taichung Commercial's future price can be derived by breaking down and analyzing its technical indicators over time. Taichung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taichung Commercial Bank. In general, you should focus on analyzing Taichung Stock price patterns and their correlations with different microeconomic environments and drivers.
Taichung Commercial Predictive Forecast Models
Taichung Commercial's time-series forecasting models is one of many Taichung Commercial'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 Taichung Commercial'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 Taichung Commercial Bank
Checking the ongoing alerts about Taichung Commercial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taichung Commercial Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taichung Commercial has high likelihood to experience some financial distress in the next 2 years | |
| Taichung Commercial Bank has accumulated about 51.06 B in cash with (20.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.72. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Additional Tools for Taichung Stock Analysis
When running Taichung Commercial's price analysis, check to measure Taichung Commercial'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 Taichung Commercial is operating at the current time. Most of Taichung Commercial's value examination focuses on studying past and present price action to predict the probability of Taichung Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taichung Commercial's price. Additionally, you may evaluate how the addition of Taichung Commercial to your portfolios can decrease your overall portfolio volatility.