Wholetech System (Taiwan) Probability of Future Stock Price Finishing Over 101.91
| 3402 Stock | TWD 102.00 2.00 2.00% |
Wholetech |
Wholetech System Target Price Odds to finish over 101.91
The tendency of Wholetech 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 stay above NT$ 101.91 in 90 days |
| 102.00 | 90 days | 101.91 | about 79.86 |
Based on a normal probability distribution, the odds of Wholetech System to stay above NT$ 101.91 in 90 days from now is about 79.86 (This Wholetech System Hitech probability density function shows the probability of Wholetech Stock to fall within a particular range of prices over 90 days) . Probability of Wholetech System Hitech price to stay between NT$ 101.91 and its current price of NT$102.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Wholetech System has a beta of 0.37. This suggests as returns on the market go up, Wholetech System average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wholetech System Hitech will be expected to be much smaller as well. Additionally Wholetech System Hitech 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. Wholetech System Price Density |
| Price |
Predictive Modules for Wholetech System
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wholetech System Hitech. 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.Wholetech System Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wholetech System is not an exception. The market had few large corrections towards the Wholetech System'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 Wholetech System Hitech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wholetech System within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 3.49 | |
Ir | Information ratio | -0.12 |
Wholetech System 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 Wholetech System for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wholetech System Hitech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wholetech System generated a negative expected return over the last 90 days | |
| About 29.0% of the company shares are owned by insiders or employees |
Wholetech System 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 Wholetech Stock often depends not only on the future outlook of the current and potential Wholetech System'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. Wholetech System's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 73 M |
Wholetech System Technical Analysis
Wholetech System's future price can be derived by breaking down and analyzing its technical indicators over time. Wholetech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wholetech System Hitech. In general, you should focus on analyzing Wholetech Stock price patterns and their correlations with different microeconomic environments and drivers.
Wholetech System Predictive Forecast Models
Wholetech System's time-series forecasting models is one of many Wholetech System'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 Wholetech System'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 Wholetech System Hitech
Checking the ongoing alerts about Wholetech System for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wholetech System Hitech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wholetech System generated a negative expected return over the last 90 days | |
| About 29.0% of the company shares are owned by insiders or employees |
Additional Tools for Wholetech Stock Analysis
When running Wholetech System's price analysis, check to measure Wholetech System'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 Wholetech System is operating at the current time. Most of Wholetech System's value examination focuses on studying past and present price action to predict the probability of Wholetech System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wholetech System's price. Additionally, you may evaluate how the addition of Wholetech System to your portfolios can decrease your overall portfolio volatility.