Tycoons Group (Taiwan) Probability of Future Stock Price Finishing Over 12.05
| 2022 Stock | TWD 12.25 0.15 1.21% |
Tycoons |
Tycoons Group Target Price Odds to finish over 12.05
The tendency of Tycoons 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$ 12.05 in 90 days |
| 12.25 | 90 days | 12.05 | about 14.69 |
Based on a normal probability distribution, the odds of Tycoons Group to stay above NT$ 12.05 in 90 days from now is about 14.69 (This Tycoons Group Enterprise probability density function shows the probability of Tycoons Stock to fall within a particular range of prices over 90 days) . Probability of Tycoons Group Enterprise price to stay between NT$ 12.05 and its current price of NT$12.25 at the end of the 90-day period is about 6.36 .
Assuming the 90 days trading horizon Tycoons Group Enterprise has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Tycoons Group are expected to decrease at a much lower rate. During a bear market, however, Tycoons Group Enterprise is likely to outperform the market. Additionally Tycoons Group Enterprise has an alpha of 0.0724, implying that it can generate a 0.0724 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Tycoons Group Price Density |
| Price |
Predictive Modules for Tycoons Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tycoons Group Enterprise. 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 Tycoons Group'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.
Tycoons Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tycoons Group is not an exception. The market had few large corrections towards the Tycoons Group'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 Tycoons Group Enterprise, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tycoons Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | -0.13 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.008 |
Tycoons Group 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 Tycoons Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tycoons Group Enterprise can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 19.0% of the company shares are owned by insiders or employees |
Tycoons Group 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 Tycoons Stock often depends not only on the future outlook of the current and potential Tycoons Group'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. Tycoons Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 479.8 M |
Tycoons Group Technical Analysis
Tycoons Group's future price can be derived by breaking down and analyzing its technical indicators over time. Tycoons Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tycoons Group Enterprise. In general, you should focus on analyzing Tycoons Stock price patterns and their correlations with different microeconomic environments and drivers.
Tycoons Group Predictive Forecast Models
Tycoons Group's time-series forecasting models is one of many Tycoons Group'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 Tycoons Group'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 Tycoons Group Enterprise
Checking the ongoing alerts about Tycoons Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tycoons Group Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 19.0% of the company shares are owned by insiders or employees |
Check out Tycoons Group Backtesting, Tycoons Group Valuation, Tycoons Group Correlation, Tycoons Group Hype Analysis, Tycoons Group Volatility, Tycoons Group History as well as Tycoons Group Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Tycoons Stock analysis
When running Tycoons Group's price analysis, check to measure Tycoons Group'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 Tycoons Group is operating at the current time. Most of Tycoons Group's value examination focuses on studying past and present price action to predict the probability of Tycoons Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tycoons Group's price. Additionally, you may evaluate how the addition of Tycoons Group to your portfolios can decrease your overall portfolio volatility.
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