TPK Holding (Taiwan) Probability of Future Stock Price Finishing Under 38.60
| 3673 Stock | TWD 40.35 0.10 0.25% |
TPK |
TPK Holding Target Price Odds to finish below 38.60
The tendency of TPK 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$ 38.60 or more in 90 days |
| 40.35 | 90 days | 38.60 | about 1.9 |
Based on a normal probability distribution, the odds of TPK Holding to drop to NT$ 38.60 or more in 90 days from now is about 1.9 (This TPK Holding Co probability density function shows the probability of TPK Stock to fall within a particular range of prices over 90 days) . Probability of TPK Holding price to stay between NT$ 38.60 and its current price of NT$40.35 at the end of the 90-day period is about 10.44 .
Assuming the 90 days trading horizon TPK Holding has a beta of 0.77. This suggests as returns on the market go up, TPK Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TPK Holding Co will be expected to be much smaller as well. Additionally TPK Holding 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. TPK Holding Price Density |
| Price |
Predictive Modules for TPK Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TPK Holding. 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.TPK Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TPK Holding is not an exception. The market had few large corrections towards the TPK Holding'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 TPK Holding Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TPK Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 1.92 | |
Ir | Information ratio | -0.11 |
TPK Holding 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 TPK Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TPK Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TPK Holding generated a negative expected return over the last 90 days | |
| The company has NT$10.18 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 21.0% of the company shares are owned by insiders or employees |
TPK Holding 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 TPK Stock often depends not only on the future outlook of the current and potential TPK Holding'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. TPK Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 406.7 M |
TPK Holding Technical Analysis
TPK Holding's future price can be derived by breaking down and analyzing its technical indicators over time. TPK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TPK Holding Co. In general, you should focus on analyzing TPK Stock price patterns and their correlations with different microeconomic environments and drivers.
TPK Holding Predictive Forecast Models
TPK Holding's time-series forecasting models is one of many TPK Holding'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 TPK Holding'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 TPK Holding
Checking the ongoing alerts about TPK Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TPK Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TPK Holding generated a negative expected return over the last 90 days | |
| The company has NT$10.18 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 21.0% of the company shares are owned by insiders or employees |
Additional Tools for TPK Stock Analysis
When running TPK Holding's price analysis, check to measure TPK Holding'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 TPK Holding is operating at the current time. Most of TPK Holding's value examination focuses on studying past and present price action to predict the probability of TPK Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TPK Holding's price. Additionally, you may evaluate how the addition of TPK Holding to your portfolios can decrease your overall portfolio volatility.