Sunfon Construction (Taiwan) Probability of Future Stock Price Finishing Under 18.89
| 5514 Stock | TWD 20.10 0.20 0.99% |
Sunfon |
Sunfon Construction Target Price Odds to finish below 18.89
The tendency of Sunfon 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$ 18.89 or more in 90 days |
| 20.10 | 90 days | 18.89 | near 1 |
Based on a normal probability distribution, the odds of Sunfon Construction to drop to NT$ 18.89 or more in 90 days from now is near 1 (This Sunfon Construction Co probability density function shows the probability of Sunfon Stock to fall within a particular range of prices over 90 days) . Probability of Sunfon Construction price to stay between NT$ 18.89 and its current price of NT$20.1 at the end of the 90-day period is nearly 4.68 .
Assuming the 90 days trading horizon Sunfon Construction has a beta of 0.0637. This suggests as returns on the market go up, Sunfon Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sunfon Construction Co will be expected to be much smaller as well. Additionally Sunfon Construction 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. Sunfon Construction Price Density |
| Price |
Predictive Modules for Sunfon Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunfon Construction. 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.Sunfon Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunfon Construction is not an exception. The market had few large corrections towards the Sunfon Construction'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 Sunfon Construction Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunfon Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | -0.21 |
Sunfon Construction 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 Sunfon Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunfon Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunfon Construction generated a negative expected return over the last 90 days | |
| Sunfon Construction has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 5.65 M. Net Loss for the year was (7.36 M) with profit before overhead, payroll, taxes, and interest of 3.81 M. | |
| Sunfon Construction Co has accumulated about 395.52 M in cash with (179.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91. | |
| Roughly 69.0% of the company shares are owned by insiders or employees |
Sunfon Construction 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 Sunfon Stock often depends not only on the future outlook of the current and potential Sunfon Construction'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. Sunfon Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.6 M |
Sunfon Construction Technical Analysis
Sunfon Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Sunfon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunfon Construction Co. In general, you should focus on analyzing Sunfon Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunfon Construction Predictive Forecast Models
Sunfon Construction's time-series forecasting models is one of many Sunfon Construction'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 Sunfon Construction'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 Sunfon Construction
Checking the ongoing alerts about Sunfon Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunfon Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunfon Construction generated a negative expected return over the last 90 days | |
| Sunfon Construction has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 5.65 M. Net Loss for the year was (7.36 M) with profit before overhead, payroll, taxes, and interest of 3.81 M. | |
| Sunfon Construction Co has accumulated about 395.52 M in cash with (179.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91. | |
| Roughly 69.0% of the company shares are owned by insiders or employees |
Additional Tools for Sunfon Stock Analysis
When running Sunfon Construction's price analysis, check to measure Sunfon Construction'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 Sunfon Construction is operating at the current time. Most of Sunfon Construction's value examination focuses on studying past and present price action to predict the probability of Sunfon Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunfon Construction's price. Additionally, you may evaluate how the addition of Sunfon Construction to your portfolios can decrease your overall portfolio volatility.