CKM Building (Taiwan) Probability of Future Stock Price Finishing Under 29.64
| 8930 Stock | TWD 35.35 0.20 0.57% |
CKM |
CKM Building Target Price Odds to finish below 29.64
The tendency of CKM 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$ 29.64 or more in 90 days |
| 35.35 | 90 days | 29.64 | near 1 |
Based on a normal probability distribution, the odds of CKM Building to drop to NT$ 29.64 or more in 90 days from now is near 1 (This CKM Building Material probability density function shows the probability of CKM Stock to fall within a particular range of prices over 90 days) . Probability of CKM Building Material price to stay between NT$ 29.64 and its current price of NT$35.35 at the end of the 90-day period is about 62.35 .
Assuming the 90 days trading horizon CKM Building Material has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding CKM Building are expected to decrease at a much lower rate. During a bear market, however, CKM Building Material is likely to outperform the market. Additionally CKM Building Material has an alpha of 0.0997, implying that it can generate a 0.0997 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CKM Building Price Density |
| Price |
Predictive Modules for CKM Building
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CKM Building Material. 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.CKM Building Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CKM Building is not an exception. The market had few large corrections towards the CKM Building'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 CKM Building Material, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CKM Building within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.0098 |
CKM Building 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 CKM Building for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CKM Building Material can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CKM Building Material has accumulated about 347.46 M in cash with (60.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
CKM Building 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 CKM Stock often depends not only on the future outlook of the current and potential CKM Building'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. CKM Building's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.5 M | |
| Short Long Term Debt | 51.7 M |
CKM Building Technical Analysis
CKM Building's future price can be derived by breaking down and analyzing its technical indicators over time. CKM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CKM Building Material. In general, you should focus on analyzing CKM Stock price patterns and their correlations with different microeconomic environments and drivers.
CKM Building Predictive Forecast Models
CKM Building's time-series forecasting models is one of many CKM Building'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 CKM Building'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 CKM Building Material
Checking the ongoing alerts about CKM Building for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CKM Building Material help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CKM Building Material has accumulated about 347.46 M in cash with (60.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32. | |
| Roughly 47.0% of the company shares are owned by insiders or employees |
Additional Tools for CKM Stock Analysis
When running CKM Building's price analysis, check to measure CKM Building'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 CKM Building is operating at the current time. Most of CKM Building's value examination focuses on studying past and present price action to predict the probability of CKM Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CKM Building's price. Additionally, you may evaluate how the addition of CKM Building to your portfolios can decrease your overall portfolio volatility.