Eastern Media (Taiwan) Probability of Future Stock Price Finishing Over 20.15
| 2614 Stock | TWD 19.50 0.10 0.51% |
Eastern |
Eastern Media Target Price Odds to finish over 20.15
The tendency of Eastern 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$ 20.15 or more in 90 days |
| 19.50 | 90 days | 20.15 | about 60.47 |
Based on a normal probability distribution, the odds of Eastern Media to move over NT$ 20.15 or more in 90 days from now is about 60.47 (This Eastern Media International probability density function shows the probability of Eastern Stock to fall within a particular range of prices over 90 days) . Probability of Eastern Media Intern price to stay between its current price of NT$ 19.50 and NT$ 20.15 at the end of the 90-day period is about 29.52 .
Assuming the 90 days trading horizon Eastern Media International has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding Eastern Media are expected to decrease at a much lower rate. During a bear market, however, Eastern Media International is likely to outperform the market. Additionally Eastern Media 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. Eastern Media Price Density |
| Price |
Predictive Modules for Eastern Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastern Media Intern. 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 Eastern Media'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.
Eastern Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eastern Media is not an exception. The market had few large corrections towards the Eastern Media'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 Eastern Media International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eastern Media within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | -0.2 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.23 |
Eastern Media 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 Eastern Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eastern Media Intern can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eastern Media Intern generated a negative expected return over the last 90 days | |
| About 28.0% of the company shares are owned by insiders or employees |
Eastern Media 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 Eastern Stock often depends not only on the future outlook of the current and potential Eastern Media'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. Eastern Media's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 529 M |
Eastern Media Technical Analysis
Eastern Media's future price can be derived by breaking down and analyzing its technical indicators over time. Eastern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eastern Media International. In general, you should focus on analyzing Eastern Stock price patterns and their correlations with different microeconomic environments and drivers.
Eastern Media Predictive Forecast Models
Eastern Media's time-series forecasting models is one of many Eastern Media'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 Eastern Media'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 Eastern Media Intern
Checking the ongoing alerts about Eastern Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eastern Media Intern help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eastern Media Intern generated a negative expected return over the last 90 days | |
| About 28.0% of the company shares are owned by insiders or employees |
Check out Eastern Media Backtesting, Eastern Media Valuation, Eastern Media Correlation, Eastern Media Hype Analysis, Eastern Media Volatility, Eastern Media History as well as Eastern Media Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Eastern Stock analysis
When running Eastern Media's price analysis, check to measure Eastern Media'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 Eastern Media is operating at the current time. Most of Eastern Media's value examination focuses on studying past and present price action to predict the probability of Eastern Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Media's price. Additionally, you may evaluate how the addition of Eastern Media to your portfolios can decrease your overall portfolio volatility.
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