Wan Hai (Taiwan) Odds of Future Stock Price Finishing Under 44.95
| 2615 Stock | TWD 49.40 1.30 2.56% |
Wan |
Wan Hai Target Price Odds to finish below 44.95
The tendency of Wan 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 drop to NT$ 44.95 or more in 90 days |
| 49.40 | 90 days | 44.95 | about 18.09 |
Based on a normal probability distribution, the odds of Wan Hai to drop to NT$ 44.95 or more in 90 days from now is about 18.09 (This Wan Hai Lines probability density function shows the probability of Wan Stock to fall within a particular range of prices over 90 days) . Probability of Wan Hai Lines price to stay between NT$ 44.95 and its current price of NT$49.4 at the end of the 90-day period is about 61.48 .
Assuming the 90 days trading horizon Wan Hai Lines has a beta of -0.3. This suggests as returns on the benchmark increase, returns on holding Wan Hai are expected to decrease at a much lower rate. During a bear market, however, Wan Hai Lines is likely to outperform the market. Additionally Wan Hai Lines has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Wan Hai Price Density |
| Price |
Predictive Modules for Wan Hai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wan Hai Lines. 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 Wan Hai'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.
Wan Hai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wan Hai is not an exception. The market had few large corrections towards the Wan Hai'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 Wan Hai Lines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wan Hai within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | -0.3 | |
σ | Overall volatility | 2.56 | |
Ir | Information ratio | -0.09 |
Wan Hai 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 Wan Hai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wan Hai Lines 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 43.0% of the company shares are owned by insiders or employees |
Wan Hai 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 Wan Stock often depends not only on the future outlook of the current and potential Wan Hai'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. Wan Hai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 B |
Wan Hai Technical Analysis
Wan Hai's future price can be derived by breaking down and analyzing its technical indicators over time. Wan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wan Hai Lines. In general, you should focus on analyzing Wan Stock price patterns and their correlations with different microeconomic environments and drivers.
Wan Hai Predictive Forecast Models
Wan Hai's time-series forecasting models is one of many Wan Hai'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 Wan Hai'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 Wan Hai Lines
Checking the ongoing alerts about Wan Hai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wan Hai Lines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 43.0% of the company shares are owned by insiders or employees |
Check out Wan Hai Backtesting, Wan Hai Valuation, Wan Hai Correlation, Wan Hai Hype Analysis, Wan Hai Volatility, Wan Hai History as well as Wan Hai Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Wan Stock analysis
When running Wan Hai's price analysis, check to measure Wan Hai'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 Wan Hai is operating at the current time. Most of Wan Hai's value examination focuses on studying past and present price action to predict the probability of Wan Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wan Hai's price. Additionally, you may evaluate how the addition of Wan Hai to your portfolios can decrease your overall portfolio volatility.
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