Mr Onion (Taiwan) Odds of Future Stock Price Finishing Over 38.00
| 2740 Stock | TWD 38.00 1.00 2.56% |
2740 |
Mr Onion Target Price Odds to finish over 38.00
The tendency of 2740 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 above the current price in 90 days |
| 38.00 | 90 days | 38.00 | about 33.09 |
Based on a normal probability distribution, the odds of Mr Onion to move above the current price in 90 days from now is about 33.09 (This Mr Onion probability density function shows the probability of 2740 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Mr Onion has a beta of -0.38. This suggests as returns on the benchmark increase, returns on holding Mr Onion are expected to decrease at a much lower rate. During a bear market, however, Mr Onion is likely to outperform the market. Additionally Mr Onion has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Mr Onion Price Density |
| Price |
Predictive Modules for Mr Onion
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mr Onion. 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 Mr Onion'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.
Mr Onion Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mr Onion is not an exception. The market had few large corrections towards the Mr Onion'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 Mr Onion, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mr Onion within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | -0.38 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | -0.02 |
Mr Onion 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 Mr Onion for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mr Onion can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mr Onion had very high historical volatility over the last 90 days | |
| Mr Onion has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 109.73 M. Net Loss for the year was (34.93 M) with profit before overhead, payroll, taxes, and interest of 46.64 M. | |
| Mr Onion has accumulated about 54.67 M in cash with (19.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.13. | |
| Roughly 68.0% of the company shares are owned by insiders or employees |
Mr Onion 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 2740 Stock often depends not only on the future outlook of the current and potential Mr Onion'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. Mr Onion's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.2 M |
Mr Onion Technical Analysis
Mr Onion's future price can be derived by breaking down and analyzing its technical indicators over time. 2740 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mr Onion. In general, you should focus on analyzing 2740 Stock price patterns and their correlations with different microeconomic environments and drivers.
Mr Onion Predictive Forecast Models
Mr Onion's time-series forecasting models is one of many Mr Onion'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 Mr Onion'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 Mr Onion
Checking the ongoing alerts about Mr Onion for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mr Onion help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mr Onion had very high historical volatility over the last 90 days | |
| Mr Onion has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 109.73 M. Net Loss for the year was (34.93 M) with profit before overhead, payroll, taxes, and interest of 46.64 M. | |
| Mr Onion has accumulated about 54.67 M in cash with (19.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.13. | |
| Roughly 68.0% of the company shares are owned by insiders or employees |
Check out Mr Onion Backtesting, Mr Onion Valuation, Mr Onion Correlation, Mr Onion Hype Analysis, Mr Onion Volatility, Mr Onion History as well as Mr Onion Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for 2740 Stock analysis
When running Mr Onion's price analysis, check to measure Mr Onion'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 Mr Onion is operating at the current time. Most of Mr Onion's value examination focuses on studying past and present price action to predict the probability of Mr Onion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mr Onion's price. Additionally, you may evaluate how the addition of Mr Onion to your portfolios can decrease your overall portfolio volatility.
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