Tai Tung (Taiwan) Odds of Future Stock Price Finishing Under 24.31
| 8011 Stock | TWD 24.80 0.10 0.40% |
Tai |
Tai Tung Target Price Odds to finish below 24.31
The tendency of Tai 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$ 24.31 or more in 90 days |
| 24.80 | 90 days | 24.31 | under 4 |
Based on a normal probability distribution, the odds of Tai Tung to drop to NT$ 24.31 or more in 90 days from now is under 4 (This Tai Tung Communication probability density function shows the probability of Tai Stock to fall within a particular range of prices over 90 days) . Probability of Tai Tung Communication price to stay between NT$ 24.31 and its current price of NT$24.8 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Tai Tung has a beta of 0.0862. This suggests as returns on the market go up, Tai Tung average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tai Tung Communication will be expected to be much smaller as well. Additionally Tai Tung Communication 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. Tai Tung Price Density |
| Price |
Predictive Modules for Tai Tung
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tai Tung Communication. 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.Tai Tung Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tai Tung is not an exception. The market had few large corrections towards the Tai Tung'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 Tai Tung Communication, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tai Tung within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | -0.04 |
Tai Tung 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 Tai Tung for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tai Tung Communication can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tai Tung generated a negative expected return over the last 90 days | |
| The company has NT$2.12 Billion in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 1.73 B. Net Loss for the year was (199.79 M) with profit before overhead, payroll, taxes, and interest of 87.71 M. | |
| About 25.0% of the company shares are owned by insiders or employees |
Tai Tung 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 Tai Stock often depends not only on the future outlook of the current and potential Tai Tung'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. Tai Tung's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 147.6 M |
Tai Tung Technical Analysis
Tai Tung's future price can be derived by breaking down and analyzing its technical indicators over time. Tai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tai Tung Communication. In general, you should focus on analyzing Tai Stock price patterns and their correlations with different microeconomic environments and drivers.
Tai Tung Predictive Forecast Models
Tai Tung's time-series forecasting models is one of many Tai Tung'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 Tai Tung'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 Tai Tung Communication
Checking the ongoing alerts about Tai Tung for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tai Tung Communication help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tai Tung generated a negative expected return over the last 90 days | |
| The company has NT$2.12 Billion in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 1.73 B. Net Loss for the year was (199.79 M) with profit before overhead, payroll, taxes, and interest of 87.71 M. | |
| About 25.0% of the company shares are owned by insiders or employees |
Additional Tools for Tai Stock Analysis
When running Tai Tung's price analysis, check to measure Tai Tung'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 Tai Tung is operating at the current time. Most of Tai Tung's value examination focuses on studying past and present price action to predict the probability of Tai Tung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tai Tung's price. Additionally, you may evaluate how the addition of Tai Tung to your portfolios can decrease your overall portfolio volatility.