Li Kang (Taiwan) Price Prediction
| 6242 Stock | TWD 47.10 0.10 0.21% |
Oversold Vs Overbought
32
Oversold | Overbought |
Using Li Kang hype-based prediction, you can estimate the value of Li Kang Biomedical from the perspective of Li Kang 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 Li Kang to buy its stock at a price that has no basis in reality. In that case, they are not buying 6242 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.
Li Kang after-hype prediction price | TWD 47.1 |
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.
6242 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Li Kang'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.
Li Kang After-Hype Price Prediction Density Analysis
As far as predicting the price of Li Kang 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 Li Kang 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 Li Kang, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Li Kang Estimiated After-Hype Price Volatility
In the context of predicting Li Kang's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Li Kang's historical news coverage. Li Kang's after-hype downside and upside margins for the prediction period are 45.66 and 48.54, respectively. We have considered Li Kang'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
Li Kang is very steady at this time. Analysis and calculation of next after-hype price of Li Kang Biomedical is based on 3 months time horizon.
Li Kang Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Li Kang is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Li Kang 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 Li Kang, 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 |
0.06 | 1.44 | 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 | ||
47.10 | 47.10 | 0.00 |
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Li Kang Hype Timeline
Li Kang Biomedical is presently traded for 47.10on Taiwan OTC Exchange of Taiwan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. 6242 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 -0.06%. %. The volatility of related hype on Li Kang is about 0.0%, with the expected price after the next announcement by competition of 47.10. About 72.0% of the company shares are owned by insiders or employees . The book value of Li Kang was presently reported as 23.12. The company last dividend was issued on the 4th of July 2022. Li Kang Biomedical had 1000:1150 split on the 30th of June 2023. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days. Check out Li Kang Basic Forecasting Models to cross-verify your projections.Li Kang Related Hype Analysis
Having access to credible news sources related to Li Kang's direct competition is more important than ever and may enhance your ability to predict Li Kang's future price movements. Getting to know how Li Kang'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 Li Kang may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 2431 | Lien Chang Electronic | 0.00 | 0 per month | 1.48 | 0.02 | 2.29 | (2.60) | 15.24 | |
| 1456 | I Hwa Industrial Co | 0.00 | 0 per month | 2.50 | 0.03 | 4.62 | (2.71) | 19.67 | |
| 4564 | Mosa Industrial Corp | 0.00 | 0 per month | 1.27 | 0.14 | 4.09 | (2.43) | 10.89 | |
| 3419 | Wha Yu Industrial | 0.00 | 0 per month | 1.49 | 0.04 | 3.68 | (2.58) | 9.06 | |
| 2477 | Meiloon Industrial Co | 0.00 | 0 per month | 2.03 | 0.10 | 4.78 | (2.03) | 17.42 | |
| 9907 | Ton Yi Industrial | 0.00 | 0 per month | 0.97 | (0.05) | 1.64 | (1.62) | 5.62 | |
| 8111 | Ligitek Electronics Co | 0.00 | 0 per month | 0.00 | (0.08) | 3.75 | (2.82) | 12.03 |
Li Kang Additional Predictive Modules
Most predictive techniques to examine 6242 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 6242 using various technical indicators. When you analyze 6242 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 | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
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| Volume Indicators |
About Li Kang Predictive Indicators
The successful prediction of Li Kang 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 Li Kang Biomedical, 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 Li Kang based on analysis of Li Kang hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Li Kang's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Li Kang's related companies.
Story Coverage note for Li Kang
The number of cover stories for Li Kang depends on current market conditions and Li Kang's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Li Kang 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 Li Kang'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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Li Kang Short Properties
Li Kang's future price predictability will typically decrease when Li Kang's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Li Kang Biomedical often depends not only on the future outlook of the potential Li Kang'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. Li Kang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.2 M |
Additional Tools for 6242 Stock Analysis
When running Li Kang's price analysis, check to measure Li Kang'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 Li Kang is operating at the current time. Most of Li Kang's value examination focuses on studying past and present price action to predict the probability of Li Kang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Kang's price. Additionally, you may evaluate how the addition of Li Kang to your portfolios can decrease your overall portfolio volatility.