LongDa Construction (Taiwan) Probability of Future Stock Price Finishing Over 39.55
| 5519 Stock | TWD 35.95 0.50 1.41% |
LongDa |
LongDa Construction Target Price Odds to finish over 39.55
The tendency of LongDa 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 move over NT$ 39.55 or more in 90 days |
| 35.95 | 90 days | 39.55 | about 36.1 |
Based on a normal probability distribution, the odds of LongDa Construction to move over NT$ 39.55 or more in 90 days from now is about 36.1 (This LongDa Construction Development probability density function shows the probability of LongDa Stock to fall within a particular range of prices over 90 days) . Probability of LongDa Construction price to stay between its current price of NT$ 35.95 and NT$ 39.55 at the end of the 90-day period is about 39.79 .
Assuming the 90 days trading horizon LongDa Construction has a beta of 0.38. This suggests as returns on the market go up, LongDa Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LongDa Construction Development will be expected to be much smaller as well. Additionally LongDa Construction Development 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. LongDa Construction Price Density |
| Price |
Predictive Modules for LongDa 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 LongDa 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.LongDa Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LongDa Construction is not an exception. The market had few large corrections towards the LongDa 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 LongDa Construction Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LongDa Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 3.40 | |
Ir | Information ratio | -0.18 |
LongDa 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 LongDa Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LongDa 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.| LongDa Construction generated a negative expected return over the last 90 days | |
| LongDa Construction has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| LongDa Construction Development has accumulated about 512.98 M in cash with (688.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.75. | |
| Roughly 44.0% of the company shares are owned by insiders or employees |
LongDa 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 LongDa Stock often depends not only on the future outlook of the current and potential LongDa 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. LongDa Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 219.2 M |
LongDa Construction Technical Analysis
LongDa Construction's future price can be derived by breaking down and analyzing its technical indicators over time. LongDa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LongDa Construction Development. In general, you should focus on analyzing LongDa Stock price patterns and their correlations with different microeconomic environments and drivers.
LongDa Construction Predictive Forecast Models
LongDa Construction's time-series forecasting models is one of many LongDa 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 LongDa 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 LongDa Construction
Checking the ongoing alerts about LongDa Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LongDa Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LongDa Construction generated a negative expected return over the last 90 days | |
| LongDa Construction has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| LongDa Construction Development has accumulated about 512.98 M in cash with (688.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.75. | |
| Roughly 44.0% of the company shares are owned by insiders or employees |
Additional Tools for LongDa Stock Analysis
When running LongDa Construction's price analysis, check to measure LongDa 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 LongDa Construction is operating at the current time. Most of LongDa Construction's value examination focuses on studying past and present price action to predict the probability of LongDa 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 LongDa Construction's price. Additionally, you may evaluate how the addition of LongDa Construction to your portfolios can decrease your overall portfolio volatility.