EnTie Commercial (Taiwan) Probability of Future Stock Price Finishing Over 16.43
| 2849 Stock | TWD 14.70 0.10 0.68% |
EnTie |
EnTie Commercial Target Price Odds to finish over 16.43
The tendency of EnTie 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$ 16.43 or more in 90 days |
| 14.70 | 90 days | 16.43 | near 1 |
Based on a normal probability distribution, the odds of EnTie Commercial to move over NT$ 16.43 or more in 90 days from now is near 1 (This EnTie Commercial Bank probability density function shows the probability of EnTie Stock to fall within a particular range of prices over 90 days) . Probability of EnTie Commercial Bank price to stay between its current price of NT$ 14.70 and NT$ 16.43 at the end of the 90-day period is about 40.8 .
Assuming the 90 days trading horizon EnTie Commercial has a beta of 0.19. This suggests as returns on the market go up, EnTie Commercial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EnTie Commercial Bank will be expected to be much smaller as well. Additionally EnTie Commercial Bank 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. EnTie Commercial Price Density |
| Price |
Predictive Modules for EnTie 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 EnTie 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.EnTie Commercial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EnTie Commercial is not an exception. The market had few large corrections towards the EnTie 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 EnTie Commercial Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EnTie Commercial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | -0.09 |
EnTie 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 EnTie Commercial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EnTie 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.| EnTie Commercial generated a negative expected return over the last 90 days | |
| EnTie Commercial has high likelihood to experience some financial distress in the next 2 years | |
| EnTie Commercial Bank has accumulated about 23.56 B in cash with (21.42 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.03. | |
| Roughly 70.0% of the company shares are owned by insiders or employees |
EnTie 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 EnTie Stock often depends not only on the future outlook of the current and potential EnTie 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. EnTie Commercial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B |
EnTie Commercial Technical Analysis
EnTie Commercial's future price can be derived by breaking down and analyzing its technical indicators over time. EnTie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EnTie Commercial Bank. In general, you should focus on analyzing EnTie Stock price patterns and their correlations with different microeconomic environments and drivers.
EnTie Commercial Predictive Forecast Models
EnTie Commercial's time-series forecasting models is one of many EnTie 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 EnTie 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 EnTie Commercial Bank
Checking the ongoing alerts about EnTie Commercial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EnTie Commercial Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EnTie Commercial generated a negative expected return over the last 90 days | |
| EnTie Commercial has high likelihood to experience some financial distress in the next 2 years | |
| EnTie Commercial Bank has accumulated about 23.56 B in cash with (21.42 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.03. | |
| Roughly 70.0% of the company shares are owned by insiders or employees |
Additional Tools for EnTie Stock Analysis
When running EnTie Commercial's price analysis, check to measure EnTie 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 EnTie Commercial is operating at the current time. Most of EnTie Commercial's value examination focuses on studying past and present price action to predict the probability of EnTie 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 EnTie Commercial's price. Additionally, you may evaluate how the addition of EnTie Commercial to your portfolios can decrease your overall portfolio volatility.