BenQ Medical (Taiwan) Probability of Future Stock Price Finishing Under 57.39

4116 Stock  TWD 50.40  2.00  4.13%   
BenQ Medical's future price is the expected price of BenQ Medical 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 BenQ Medical Technology performance during a given time horizon utilizing its historical volatility. Check out BenQ Medical Backtesting, BenQ Medical Valuation, BenQ Medical Correlation, BenQ Medical Hype Analysis, BenQ Medical Volatility, BenQ Medical History as well as BenQ Medical Performance.
  
Please specify BenQ Medical's target price for which you would like BenQ Medical odds to be computed.

BenQ Medical Target Price Odds to finish below 57.39

The tendency of BenQ 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 stay under NT$ 57.39  after 90 days
 50.40 90 days 57.39 
close to 99
Based on a normal probability distribution, the odds of BenQ Medical to stay under NT$ 57.39  after 90 days from now is close to 99 (This BenQ Medical Technology probability density function shows the probability of BenQ Stock to fall within a particular range of prices over 90 days) . Probability of BenQ Medical Technology price to stay between its current price of NT$ 50.40  and NT$ 57.39  at the end of the 90-day period is about 57.59 .
Assuming the 90 days trading horizon BenQ Medical has a beta of 0.19. This suggests as returns on the market go up, BenQ Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BenQ Medical Technology will be expected to be much smaller as well. Additionally BenQ Medical Technology 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.
   BenQ Medical Price Density   
       Price  

Predictive Modules for BenQ Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BenQ Medical Technology. 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
47.4648.4049.34
Details
Intrinsic
Valuation
LowRealHigh
48.3749.3150.25
Details
Naive
Forecast
LowNextHigh
47.6448.5749.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
47.9748.3948.80
Details

BenQ Medical Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. BenQ Medical is not an exception. The market had few large corrections towards the BenQ Medical'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 BenQ Medical Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BenQ Medical within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.11
β
Beta against Dow Jones0.19
σ
Overall volatility
1.67
Ir
Information ratio -0.2

BenQ Medical 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 BenQ Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BenQ Medical Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BenQ Medical generated a negative expected return over the last 90 days
About 63.0% of the company shares are owned by insiders or employees

BenQ Medical 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 BenQ Stock often depends not only on the future outlook of the current and potential BenQ Medical'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. BenQ Medical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding44.6 M

BenQ Medical Technical Analysis

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

BenQ Medical Predictive Forecast Models

BenQ Medical's time-series forecasting models is one of many BenQ Medical'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 BenQ Medical'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 BenQ Medical Technology

Checking the ongoing alerts about BenQ Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BenQ Medical Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BenQ Medical generated a negative expected return over the last 90 days
About 63.0% of the company shares are owned by insiders or employees

Additional Tools for BenQ Stock Analysis

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