Shih Kuen (Taiwan) Probability of Future Stock Price Finishing Under 42.4
| 4305 Stock | TWD 41.90 0.50 1.18% |
Shih |
Shih Kuen Target Price Odds to finish below 42.4
The tendency of Shih 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 under NT$ 42.40 after 90 days |
| 41.90 | 90 days | 42.40 | about 11.93 |
Based on a normal probability distribution, the odds of Shih Kuen to stay under NT$ 42.40 after 90 days from now is about 11.93 (This Shih Kuen Plastics probability density function shows the probability of Shih Stock to fall within a particular range of prices over 90 days) . Probability of Shih Kuen Plastics price to stay between its current price of NT$ 41.90 and NT$ 42.40 at the end of the 90-day period is nearly 4.35 .
Assuming the 90 days trading horizon Shih Kuen Plastics has a beta of -0.0609. This suggests as returns on the benchmark increase, returns on holding Shih Kuen are expected to decrease at a much lower rate. During a bear market, however, Shih Kuen Plastics is likely to outperform the market. Additionally Shih Kuen Plastics 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. Shih Kuen Price Density |
| Price |
Predictive Modules for Shih Kuen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shih Kuen Plastics. 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.Shih Kuen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shih Kuen is not an exception. The market had few large corrections towards the Shih Kuen'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 Shih Kuen Plastics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shih Kuen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.17 |
Shih Kuen 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 Shih Kuen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shih Kuen Plastics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shih Kuen Plastics generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees |
Shih Kuen 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 Shih Stock often depends not only on the future outlook of the current and potential Shih Kuen'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. Shih Kuen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55 M | |
| Dividends Paid | 99 M | |
| Short Long Term Debt | 10 M | |
| Forward Annual Dividend Rate | 1.8 |
Shih Kuen Technical Analysis
Shih Kuen's future price can be derived by breaking down and analyzing its technical indicators over time. Shih Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shih Kuen Plastics. In general, you should focus on analyzing Shih Stock price patterns and their correlations with different microeconomic environments and drivers.
Shih Kuen Predictive Forecast Models
Shih Kuen's time-series forecasting models is one of many Shih Kuen'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 Shih Kuen'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 Shih Kuen Plastics
Checking the ongoing alerts about Shih Kuen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shih Kuen Plastics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shih Kuen Plastics generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees |
Additional Tools for Shih Stock Analysis
When running Shih Kuen's price analysis, check to measure Shih Kuen'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 Shih Kuen is operating at the current time. Most of Shih Kuen's value examination focuses on studying past and present price action to predict the probability of Shih Kuen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Kuen's price. Additionally, you may evaluate how the addition of Shih Kuen to your portfolios can decrease your overall portfolio volatility.