Foxconn Industrial (China) Probability of Future Stock Price Finishing Under 11.61
| 601138 Stock | 23.33 0.61 2.68% |
Foxconn |
Foxconn Industrial Target Price Odds to finish below 11.61
The tendency of Foxconn 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 11.61 or more in 90 days |
| 23.33 | 90 days | 11.61 | near 1 |
Based on a normal probability distribution, the odds of Foxconn Industrial to drop to 11.61 or more in 90 days from now is near 1 (This Foxconn Industrial Internet probability density function shows the probability of Foxconn Stock to fall within a particular range of prices over 90 days) . Probability of Foxconn Industrial price to stay between 11.61 and its current price of 23.33 at the end of the 90-day period is about 48.8 .
Assuming the 90 days trading horizon Foxconn Industrial Internet has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Foxconn Industrial are expected to decrease at a much lower rate. During a bear market, however, Foxconn Industrial Internet is likely to outperform the market. Additionally Foxconn Industrial Internet has an alpha of 0.3627, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Foxconn Industrial Price Density |
| Price |
Predictive Modules for Foxconn Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foxconn Industrial. 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.Foxconn Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Foxconn Industrial is not an exception. The market had few large corrections towards the Foxconn Industrial'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 Foxconn Industrial Internet, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Foxconn Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 2.05 | |
Ir | Information ratio | 0.08 |
Foxconn Industrial 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 Foxconn Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Foxconn Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Foxconn Industrial had very high historical volatility over the last 90 days | |
| About 84.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Are Strong Financial Prospects The Force That Is Driving The Momentum In Foxconn Industrial Internet Co., Ltd.s SHSE601138 Stock - Simply Wall St |
Foxconn Industrial 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 Foxconn Stock often depends not only on the future outlook of the current and potential Foxconn Industrial'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. Foxconn Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.9 B |
Foxconn Industrial Technical Analysis
Foxconn Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. Foxconn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Foxconn Industrial Internet. In general, you should focus on analyzing Foxconn Stock price patterns and their correlations with different microeconomic environments and drivers.
Foxconn Industrial Predictive Forecast Models
Foxconn Industrial's time-series forecasting models is one of many Foxconn Industrial'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 Foxconn Industrial'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 Foxconn Industrial
Checking the ongoing alerts about Foxconn Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Foxconn Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Foxconn Industrial had very high historical volatility over the last 90 days | |
| About 84.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Are Strong Financial Prospects The Force That Is Driving The Momentum In Foxconn Industrial Internet Co., Ltd.s SHSE601138 Stock - Simply Wall St |
Other Information on Investing in Foxconn Stock
Foxconn Industrial financial ratios help investors to determine whether Foxconn Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Foxconn with respect to the benefits of owning Foxconn Industrial security.