Taiwan Fire (Taiwan) Probability of Future Stock Price Finishing Under 27.95
| 2832 Stock | TWD 29.45 0.10 0.34% |
Taiwan |
Taiwan Fire Target Price Odds to finish below 27.95
The tendency of Taiwan 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$ 27.95 or more in 90 days |
| 29.45 | 90 days | 27.95 | about 17.56 |
Based on a normal probability distribution, the odds of Taiwan Fire to drop to NT$ 27.95 or more in 90 days from now is about 17.56 (This Taiwan Fire Marine probability density function shows the probability of Taiwan Stock to fall within a particular range of prices over 90 days) . Probability of Taiwan Fire Marine price to stay between NT$ 27.95 and its current price of NT$29.45 at the end of the 90-day period is about 80.67 .
Assuming the 90 days trading horizon Taiwan Fire has a beta of 0.072. This suggests as returns on the market go up, Taiwan Fire average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taiwan Fire Marine will be expected to be much smaller as well. Additionally Taiwan Fire Marine has an alpha of 0.0611, implying that it can generate a 0.0611 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Taiwan Fire Price Density |
| Price |
Predictive Modules for Taiwan Fire
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taiwan Fire Marine. 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.Taiwan Fire Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taiwan Fire is not an exception. The market had few large corrections towards the Taiwan Fire'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 Taiwan Fire Marine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taiwan Fire within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | -0.05 |
Taiwan Fire 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 Taiwan Fire for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taiwan Fire Marine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taiwan Fire Marine has accumulated 85 M in total debt with debt to equity ratio (D/E) of 0.9, which is about average as compared to similar companies. Taiwan Fire Marine has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Taiwan Fire until it has trouble settling it off, either with new capital or with free cash flow. So, Taiwan Fire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Taiwan Fire Marine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiwan to invest in growth at high rates of return. When we think about Taiwan Fire's use of debt, we should always consider it together with cash and equity. | |
| About 35.0% of Taiwan Fire shares are owned by insiders or employees |
Taiwan Fire 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 Taiwan Stock often depends not only on the future outlook of the current and potential Taiwan Fire'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. Taiwan Fire's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 362.2 M |
Taiwan Fire Technical Analysis
Taiwan Fire's future price can be derived by breaking down and analyzing its technical indicators over time. Taiwan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taiwan Fire Marine. In general, you should focus on analyzing Taiwan Stock price patterns and their correlations with different microeconomic environments and drivers.
Taiwan Fire Predictive Forecast Models
Taiwan Fire's time-series forecasting models is one of many Taiwan Fire'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 Taiwan Fire'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 Taiwan Fire Marine
Checking the ongoing alerts about Taiwan Fire for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taiwan Fire Marine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taiwan Fire Marine has accumulated 85 M in total debt with debt to equity ratio (D/E) of 0.9, which is about average as compared to similar companies. Taiwan Fire Marine has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Taiwan Fire until it has trouble settling it off, either with new capital or with free cash flow. So, Taiwan Fire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Taiwan Fire Marine sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiwan to invest in growth at high rates of return. When we think about Taiwan Fire's use of debt, we should always consider it together with cash and equity. | |
| About 35.0% of Taiwan Fire shares are owned by insiders or employees |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Fire's price analysis, check to measure Taiwan Fire'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 Taiwan Fire is operating at the current time. Most of Taiwan Fire's value examination focuses on studying past and present price action to predict the probability of Taiwan Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Fire's price. Additionally, you may evaluate how the addition of Taiwan Fire to your portfolios can decrease your overall portfolio volatility.