KNH Enterprise (Taiwan) Probability of Future Stock Price Finishing Over 17.75
| 9919 Stock | TWD 17.80 0.40 2.20% |
KNH |
KNH Enterprise Target Price Odds to finish over 17.75
The tendency of KNH 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 NT$ 17.75 in 90 days |
| 17.80 | 90 days | 17.75 | about 98.0 |
Based on a normal probability distribution, the odds of KNH Enterprise to stay above NT$ 17.75 in 90 days from now is about 98.0 (This KNH Enterprise Co probability density function shows the probability of KNH Stock to fall within a particular range of prices over 90 days) . Probability of KNH Enterprise price to stay between NT$ 17.75 and its current price of NT$17.8 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon KNH Enterprise has a beta of 0.0788. This suggests as returns on the market go up, KNH Enterprise average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KNH Enterprise Co will be expected to be much smaller as well. Additionally KNH Enterprise Co 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. KNH Enterprise Price Density |
| Price |
Predictive Modules for KNH Enterprise
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KNH Enterprise. 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.KNH Enterprise Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KNH Enterprise is not an exception. The market had few large corrections towards the KNH Enterprise'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 KNH Enterprise Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KNH Enterprise within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.24 |
KNH Enterprise 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 KNH Enterprise for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KNH Enterprise can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KNH Enterprise generated a negative expected return over the last 90 days | |
| KNH Enterprise has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 36.0% of the company shares are owned by insiders or employees |
KNH Enterprise 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 KNH Stock often depends not only on the future outlook of the current and potential KNH Enterprise'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. KNH Enterprise's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 195.4 M |
KNH Enterprise Technical Analysis
KNH Enterprise's future price can be derived by breaking down and analyzing its technical indicators over time. KNH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KNH Enterprise Co. In general, you should focus on analyzing KNH Stock price patterns and their correlations with different microeconomic environments and drivers.
KNH Enterprise Predictive Forecast Models
KNH Enterprise's time-series forecasting models is one of many KNH Enterprise'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 KNH Enterprise'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 KNH Enterprise
Checking the ongoing alerts about KNH Enterprise for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KNH Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KNH Enterprise generated a negative expected return over the last 90 days | |
| KNH Enterprise has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 36.0% of the company shares are owned by insiders or employees |
Additional Tools for KNH Stock Analysis
When running KNH Enterprise's price analysis, check to measure KNH Enterprise'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 KNH Enterprise is operating at the current time. Most of KNH Enterprise's value examination focuses on studying past and present price action to predict the probability of KNH Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNH Enterprise's price. Additionally, you may evaluate how the addition of KNH Enterprise to your portfolios can decrease your overall portfolio volatility.