Airtac International (Taiwan) Probability of Future Stock Price Finishing Over 1160.0
| 1590 Stock | TWD 1,135 70.00 5.81% |
Airtac |
Airtac International Target Price Odds to finish over 1160.0
The tendency of Airtac 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 NT$ 1,160 or more in 90 days |
| 1,135 | 90 days | 1,160 | about 14.66 |
Based on a normal probability distribution, the odds of Airtac International to move over NT$ 1,160 or more in 90 days from now is about 14.66 (This Airtac International Group probability density function shows the probability of Airtac Stock to fall within a particular range of prices over 90 days) . Probability of Airtac International price to stay between its current price of NT$ 1,135 and NT$ 1,160 at the end of the 90-day period is about 15.92 .
Assuming the 90 days trading horizon Airtac International Group has a beta of -0.15. This suggests as returns on the benchmark increase, returns on holding Airtac International are expected to decrease at a much lower rate. During a bear market, however, Airtac International Group is likely to outperform the market. Additionally Airtac International Group has an alpha of 0.2025, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Airtac International Price Density |
| Price |
Predictive Modules for Airtac International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Airtac International. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Airtac International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Airtac International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Airtac International is not an exception. The market had few large corrections towards the Airtac International'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 Airtac International Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Airtac International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | -0.15 | |
σ | Overall volatility | 46.00 | |
Ir | Information ratio | 0.05 |
Airtac International 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 Airtac International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Airtac International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Airtac International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 31.0% of the company shares are owned by insiders or employees |
Airtac International 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 Airtac Stock often depends not only on the future outlook of the current and potential Airtac International'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. Airtac International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200 M |
Airtac International Technical Analysis
Airtac International's future price can be derived by breaking down and analyzing its technical indicators over time. Airtac Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Airtac International Group. In general, you should focus on analyzing Airtac Stock price patterns and their correlations with different microeconomic environments and drivers.
Airtac International Predictive Forecast Models
Airtac International's time-series forecasting models is one of many Airtac International'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 Airtac International'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 Airtac International
Checking the ongoing alerts about Airtac International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Airtac International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Airtac International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 31.0% of the company shares are owned by insiders or employees |
Check out Airtac International Backtesting, Airtac International Valuation, Airtac International Correlation, Airtac International Hype Analysis, Airtac International Volatility, Airtac International History as well as Airtac International Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Airtac Stock analysis
When running Airtac International's price analysis, check to measure Airtac International'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 Airtac International is operating at the current time. Most of Airtac International's value examination focuses on studying past and present price action to predict the probability of Airtac International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airtac International's price. Additionally, you may evaluate how the addition of Airtac International to your portfolios can decrease your overall portfolio volatility.
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