Airmate Cayman (Taiwan) Probability of Future Stock Price Finishing Over 16.05
| 1626 Stock | TWD 16.20 0.10 0.62% |
Airmate |
Airmate Cayman Target Price Odds to finish over 16.05
The tendency of Airmate 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$ 16.05 in 90 days |
| 16.20 | 90 days | 16.05 | about 65.97 |
Based on a normal probability distribution, the odds of Airmate Cayman to stay above NT$ 16.05 in 90 days from now is about 65.97 (This Airmate Cayman International probability density function shows the probability of Airmate Stock to fall within a particular range of prices over 90 days) . Probability of Airmate Cayman Inter price to stay between NT$ 16.05 and its current price of NT$16.2 at the end of the 90-day period is about 34.07 .
Assuming the 90 days trading horizon Airmate Cayman has a beta of 0.0077. This suggests as returns on the market go up, Airmate Cayman average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Airmate Cayman International will be expected to be much smaller as well. Additionally Airmate Cayman International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Airmate Cayman Price Density |
| Price |
Predictive Modules for Airmate Cayman
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Airmate Cayman Inter. 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 Airmate Cayman'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.
Airmate Cayman Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Airmate Cayman is not an exception. The market had few large corrections towards the Airmate Cayman'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 Airmate Cayman International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Airmate Cayman within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0029 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.06 |
Airmate Cayman 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 Airmate Cayman for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Airmate Cayman Inter can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has NT$356.84 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 10.16 B. Net Loss for the year was (307.23 M) with profit before overhead, payroll, taxes, and interest of 1.12 B. | |
| About 44.0% of the company shares are owned by insiders or employees |
Airmate Cayman 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 Airmate Stock often depends not only on the future outlook of the current and potential Airmate Cayman'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. Airmate Cayman's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 145.5 M |
Airmate Cayman Technical Analysis
Airmate Cayman's future price can be derived by breaking down and analyzing its technical indicators over time. Airmate Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Airmate Cayman International. In general, you should focus on analyzing Airmate Stock price patterns and their correlations with different microeconomic environments and drivers.
Airmate Cayman Predictive Forecast Models
Airmate Cayman's time-series forecasting models is one of many Airmate Cayman'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 Airmate Cayman'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 Airmate Cayman Inter
Checking the ongoing alerts about Airmate Cayman for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Airmate Cayman Inter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has NT$356.84 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 10.16 B. Net Loss for the year was (307.23 M) with profit before overhead, payroll, taxes, and interest of 1.12 B. | |
| About 44.0% of the company shares are owned by insiders or employees |
Check out Airmate Cayman Backtesting, Airmate Cayman Valuation, Airmate Cayman Correlation, Airmate Cayman Hype Analysis, Airmate Cayman Volatility, Airmate Cayman History as well as Airmate Cayman Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Airmate Stock analysis
When running Airmate Cayman's price analysis, check to measure Airmate Cayman'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 Airmate Cayman is operating at the current time. Most of Airmate Cayman's value examination focuses on studying past and present price action to predict the probability of Airmate Cayman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airmate Cayman's price. Additionally, you may evaluate how the addition of Airmate Cayman to your portfolios can decrease your overall portfolio volatility.
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