Tigerair Taiwan (Taiwan) Probability of Future Stock Price Finishing Over 61.8
| 6757 Stock | 74.80 2.10 2.73% |
Tigerair |
Tigerair Taiwan Target Price Odds to finish over 61.8
The tendency of Tigerair 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 above 61.80 in 90 days |
| 74.80 | 90 days | 61.80 | about 72.2 |
Based on a normal probability distribution, the odds of Tigerair Taiwan to stay above 61.80 in 90 days from now is about 72.2 (This Tigerair Taiwan Co probability density function shows the probability of Tigerair Stock to fall within a particular range of prices over 90 days) . Probability of Tigerair Taiwan price to stay between 61.80 and its current price of 74.8 at the end of the 90-day period is about 54.35 .
Assuming the 90 days trading horizon Tigerair Taiwan Co has a beta of -0.73. This suggests as returns on the benchmark increase, returns on holding Tigerair Taiwan are expected to decrease at a much lower rate. During a bear market, however, Tigerair Taiwan Co is likely to outperform the market. Additionally Tigerair Taiwan Co has an alpha of 0.3696, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tigerair Taiwan Price Density |
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Predictive Modules for Tigerair Taiwan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tigerair Taiwan. 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.Tigerair Taiwan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tigerair Taiwan is not an exception. The market had few large corrections towards the Tigerair Taiwan'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 Tigerair Taiwan Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tigerair Taiwan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 8.61 | |
Ir | Information ratio | 0.07 |
Tigerair Taiwan 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 Tigerair Taiwan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tigerair Taiwan can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tigerair Taiwan had very high historical volatility over the last 90 days |
Tigerair Taiwan Technical Analysis
Tigerair Taiwan's future price can be derived by breaking down and analyzing its technical indicators over time. Tigerair Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tigerair Taiwan Co. In general, you should focus on analyzing Tigerair Stock price patterns and their correlations with different microeconomic environments and drivers.
Tigerair Taiwan Predictive Forecast Models
Tigerair Taiwan's time-series forecasting models is one of many Tigerair Taiwan'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 Tigerair Taiwan'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 Tigerair Taiwan
Checking the ongoing alerts about Tigerair Taiwan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tigerair Taiwan help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tigerair Taiwan had very high historical volatility over the last 90 days |
Additional Tools for Tigerair Stock Analysis
When running Tigerair Taiwan's price analysis, check to measure Tigerair Taiwan'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 Tigerair Taiwan is operating at the current time. Most of Tigerair Taiwan's value examination focuses on studying past and present price action to predict the probability of Tigerair Taiwan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tigerair Taiwan's price. Additionally, you may evaluate how the addition of Tigerair Taiwan to your portfolios can decrease your overall portfolio volatility.