Formosa Ingredient (Indonesia) Probability of Future Stock Price Finishing Over 192.40
| BOBA Stock | 187.00 7.00 3.89% |
Formosa |
Formosa Ingredient Target Price Odds to finish over 192.40
The tendency of Formosa 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 move over 192.40 or more in 90 days |
| 187.00 | 90 days | 192.40 | about 24.26 |
Based on a normal probability distribution, the odds of Formosa Ingredient to move over 192.40 or more in 90 days from now is about 24.26 (This Formosa Ingredient Factory probability density function shows the probability of Formosa Stock to fall within a particular range of prices over 90 days) . Probability of Formosa Ingredient price to stay between its current price of 187.00 and 192.40 at the end of the 90-day period is about 13.54 .
Assuming the 90 days trading horizon Formosa Ingredient has a beta of 0.19 suggesting as returns on the market go up, Formosa Ingredient average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Formosa Ingredient Factory will be expected to be much smaller as well. Additionally Formosa Ingredient Factory has an alpha of 0.3094, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Formosa Ingredient Price Density |
| Price |
Predictive Modules for Formosa Ingredient
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Formosa Ingredient. 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.Formosa Ingredient Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Formosa Ingredient is not an exception. The market had few large corrections towards the Formosa Ingredient'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 Formosa Ingredient Factory, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Formosa Ingredient within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 13.94 | |
Ir | Information ratio | 0.04 |
Formosa Ingredient 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 Formosa Ingredient for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Formosa Ingredient can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Formosa Ingredient generated a negative expected return over the last 90 days | |
| Formosa Ingredient has high historical volatility and very poor performance | |
| About 81.0% of the company shares are held by company insiders |
Formosa Ingredient 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 Formosa Stock often depends not only on the future outlook of the current and potential Formosa Ingredient'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. Formosa Ingredient's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Dividends Paid | 7 B | |
| Cash And Short Term Investments | 41.2 B | |
| Forward Annual Dividend Rate | 6.5 | |
| Shares Float | 139.8 M |
Formosa Ingredient Technical Analysis
Formosa Ingredient's future price can be derived by breaking down and analyzing its technical indicators over time. Formosa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Formosa Ingredient Factory. In general, you should focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environments and drivers.
Formosa Ingredient Predictive Forecast Models
Formosa Ingredient's time-series forecasting models is one of many Formosa Ingredient'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 Formosa Ingredient'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 Formosa Ingredient
Checking the ongoing alerts about Formosa Ingredient for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Formosa Ingredient help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Formosa Ingredient generated a negative expected return over the last 90 days | |
| Formosa Ingredient has high historical volatility and very poor performance | |
| About 81.0% of the company shares are held by company insiders |
Other Information on Investing in Formosa Stock
Formosa Ingredient financial ratios help investors to determine whether Formosa 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 Formosa with respect to the benefits of owning Formosa Ingredient security.