Egis Technology (Taiwan) Price Prediction
6462 Stock | TWD 179.00 7.00 4.07% |
Oversold Vs Overbought
28
Oversold | Overbought |
Using Egis Technology hype-based prediction, you can estimate the value of Egis Technology from the perspective of Egis Technology response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Egis Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Egis because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Egis Technology after-hype prediction price | TWD 179.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Egis |
Egis Technology After-Hype Price Prediction Density Analysis
As far as predicting the price of Egis Technology at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Egis Technology or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Egis Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Egis Technology Estimiated After-Hype Price Volatility
In the context of predicting Egis Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Egis Technology's historical news coverage. Egis Technology's after-hype downside and upside margins for the prediction period are 176.61 and 181.39, respectively. We have considered Egis Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Egis Technology is very steady at this time. Analysis and calculation of next after-hype price of Egis Technology is based on 3 months time horizon.
Egis Technology Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Egis Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Egis Technology backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Egis Technology, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.39 | 2.39 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
179.00 | 179.00 | 0.00 |
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Egis Technology Hype Timeline
Egis Technology is presently traded for 179.00on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Egis is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is presently at -0.39%. %. The volatility of related hype on Egis Technology is about 0.0%, with the expected price after the next announcement by competition of 179.00. About 19.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.05. In the past many companies with similar price-to-book ratios have beat the market. Egis Technology recorded a loss per share of 4.1. The entity last dividend was issued on the 14th of July 2022. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Egis Technology Basic Forecasting Models to cross-verify your projections.Egis Technology Related Hype Analysis
Having access to credible news sources related to Egis Technology's direct competition is more important than ever and may enhance your ability to predict Egis Technology's future price movements. Getting to know how Egis Technology's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Egis Technology may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
3105 | WIN Semiconductors | 0.00 | 0 per month | 0.00 | (0.15) | 3.47 | (2.99) | 11.07 | |
5274 | Aspeed Technology | 0.00 | 0 per month | 0.00 | (0.10) | 6.14 | (5.99) | 16.01 | |
3008 | LARGAN Precision Co | 0.00 | 0 per month | 0.00 | (0.17) | 3.99 | (4.57) | 14.78 | |
3034 | Novatek Microelectronics Corp | 0.00 | 0 per month | 0.00 | (0.18) | 1.97 | (2.55) | 8.21 | |
6488 | GlobalWafers Co | 0.00 | 0 per month | 0.00 | (0.24) | 2.11 | (2.44) | 8.69 |
Egis Technology Additional Predictive Modules
Most predictive techniques to examine Egis price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Egis using various technical indicators. When you analyze Egis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Egis Technology Predictive Indicators
The successful prediction of Egis Technology stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Egis Technology, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Egis Technology based on analysis of Egis Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Egis Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Egis Technology's related companies.
Story Coverage note for Egis Technology
The number of cover stories for Egis Technology depends on current market conditions and Egis Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Egis Technology is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Egis Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Egis Technology Short Properties
Egis Technology's future price predictability will typically decrease when Egis Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Egis Technology often depends not only on the future outlook of the potential Egis Technology'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. Egis Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 69.3 M |
Additional Tools for Egis Stock Analysis
When running Egis Technology's price analysis, check to measure Egis Technology'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 Egis Technology is operating at the current time. Most of Egis Technology's value examination focuses on studying past and present price action to predict the probability of Egis Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Egis Technology's price. Additionally, you may evaluate how the addition of Egis Technology to your portfolios can decrease your overall portfolio volatility.