Topkey Corp (Taiwan) Probability of Future Stock Price Finishing Under 193.28
| 4536 Stock | TWD 200.00 1.50 0.76% |
Topkey |
Topkey Corp Target Price Odds to finish below 193.28
The tendency of Topkey 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$ 193.28 or more in 90 days |
| 200.00 | 90 days | 193.28 | under 4 |
Based on a normal probability distribution, the odds of Topkey Corp to drop to NT$ 193.28 or more in 90 days from now is under 4 (This Topkey Corp probability density function shows the probability of Topkey Stock to fall within a particular range of prices over 90 days) . Probability of Topkey Corp price to stay between NT$ 193.28 and its current price of NT$200.0 at the end of the 90-day period is about 7.27 .
Assuming the 90 days trading horizon Topkey Corp has a beta of 0.037. This suggests as returns on the market go up, Topkey Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Topkey Corp will be expected to be much smaller as well. Additionally Topkey Corp 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. Topkey Corp Price Density |
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Predictive Modules for Topkey Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Topkey Corp. 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.Topkey Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Topkey Corp is not an exception. The market had few large corrections towards the Topkey Corp'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 Topkey Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Topkey Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 11.31 | |
Ir | Information ratio | -0.15 |
Topkey Corp 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 Topkey Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Topkey Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Topkey Corp generated a negative expected return over the last 90 days | |
| The company has NT$40.61 Million in debt which may indicate that it relies heavily on debt financing | |
| About 30.0% of the company shares are owned by insiders or employees |
Topkey Corp 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 Topkey Stock often depends not only on the future outlook of the current and potential Topkey Corp'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. Topkey Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.8 M |
Topkey Corp Technical Analysis
Topkey Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Topkey Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Topkey Corp. In general, you should focus on analyzing Topkey Stock price patterns and their correlations with different microeconomic environments and drivers.
Topkey Corp Predictive Forecast Models
Topkey Corp's time-series forecasting models is one of many Topkey Corp'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 Topkey Corp'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 Topkey Corp
Checking the ongoing alerts about Topkey Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Topkey Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Topkey Corp generated a negative expected return over the last 90 days | |
| The company has NT$40.61 Million in debt which may indicate that it relies heavily on debt financing | |
| About 30.0% of the company shares are owned by insiders or employees |
Additional Tools for Topkey Stock Analysis
When running Topkey Corp's price analysis, check to measure Topkey Corp'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 Topkey Corp is operating at the current time. Most of Topkey Corp's value examination focuses on studying past and present price action to predict the probability of Topkey Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topkey Corp's price. Additionally, you may evaluate how the addition of Topkey Corp to your portfolios can decrease your overall portfolio volatility.