Tradetool Auto (Taiwan) Probability of Future Stock Price Finishing Over 22.24

3685 Stock  TWD 16.90  0.10  0.59%   
Tradetool Auto's future price is the expected price of Tradetool Auto instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Tradetool Auto Co performance during a given time horizon utilizing its historical volatility. Check out Tradetool Auto Backtesting, Tradetool Auto Valuation, Tradetool Auto Correlation, Tradetool Auto Hype Analysis, Tradetool Auto Volatility, Tradetool Auto History as well as Tradetool Auto Performance.
  
Please specify Tradetool Auto's target price for which you would like Tradetool Auto odds to be computed.

Tradetool Auto Target Price Odds to finish over 22.24

The tendency of Tradetool 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 PriceHorizonTarget PriceOdds to move over NT$ 22.24  or more in 90 days
 16.90 90 days 22.24 
near 1
Based on a normal probability distribution, the odds of Tradetool Auto to move over NT$ 22.24  or more in 90 days from now is near 1 (This Tradetool Auto Co probability density function shows the probability of Tradetool Stock to fall within a particular range of prices over 90 days) . Probability of Tradetool Auto price to stay between its current price of NT$ 16.90  and NT$ 22.24  at the end of the 90-day period is about 90.29 .
Assuming the 90 days trading horizon Tradetool Auto has a beta of 0.26. This suggests as returns on the market go up, Tradetool Auto average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tradetool Auto Co will be expected to be much smaller as well. Additionally Tradetool Auto 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.
   Tradetool Auto Price Density   
       Price  

Predictive Modules for Tradetool Auto

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tradetool Auto. 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.
Hype
Prediction
LowEstimatedHigh
15.1516.9018.65
Details
Intrinsic
Valuation
LowRealHigh
15.9417.6919.44
Details
Naive
Forecast
LowNextHigh
15.2416.9918.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.8016.9817.15
Details

Tradetool Auto Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Tradetool Auto is not an exception. The market had few large corrections towards the Tradetool Auto'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 Tradetool Auto Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tradetool Auto within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.12
β
Beta against Dow Jones0.26
σ
Overall volatility
0.67
Ir
Information ratio -0.11

Tradetool Auto 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 Tradetool Auto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tradetool Auto can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Tradetool Auto generated a negative expected return over the last 90 days
Tradetool Auto Co has accumulated about 519.58 M in cash with (57.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.53.
Roughly 60.0% of the company shares are owned by insiders or employees

Tradetool Auto 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 Tradetool Stock often depends not only on the future outlook of the current and potential Tradetool Auto'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. Tradetool Auto's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding79.6 M

Tradetool Auto Technical Analysis

Tradetool Auto's future price can be derived by breaking down and analyzing its technical indicators over time. Tradetool Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tradetool Auto Co. In general, you should focus on analyzing Tradetool Stock price patterns and their correlations with different microeconomic environments and drivers.

Tradetool Auto Predictive Forecast Models

Tradetool Auto's time-series forecasting models is one of many Tradetool Auto'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 Tradetool Auto'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 Tradetool Auto

Checking the ongoing alerts about Tradetool Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tradetool Auto help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Tradetool Auto generated a negative expected return over the last 90 days
Tradetool Auto Co has accumulated about 519.58 M in cash with (57.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.53.
Roughly 60.0% of the company shares are owned by insiders or employees

Additional Tools for Tradetool Stock Analysis

When running Tradetool Auto's price analysis, check to measure Tradetool Auto'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 Tradetool Auto is operating at the current time. Most of Tradetool Auto's value examination focuses on studying past and present price action to predict the probability of Tradetool Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tradetool Auto's price. Additionally, you may evaluate how the addition of Tradetool Auto to your portfolios can decrease your overall portfolio volatility.