Lifestyle Global (Taiwan) Probability of Future Stock Price Finishing Under 29.15
| 8066 Stock | TWD 29.70 0.05 0.17% |
Lifestyle |
Lifestyle Global Target Price Odds to finish below 29.15
The tendency of Lifestyle 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$ 29.15 or more in 90 days |
| 29.70 | 90 days | 29.15 | about 5.66 |
Based on a normal probability distribution, the odds of Lifestyle Global to drop to NT$ 29.15 or more in 90 days from now is about 5.66 (This Lifestyle Global Enterprise probability density function shows the probability of Lifestyle Stock to fall within a particular range of prices over 90 days) . Probability of Lifestyle Global Ent price to stay between NT$ 29.15 and its current price of NT$29.7 at the end of the 90-day period is about 18.44 .
Assuming the 90 days trading horizon Lifestyle Global Enterprise has a beta of -0.0933. This suggests as returns on the benchmark increase, returns on holding Lifestyle Global are expected to decrease at a much lower rate. During a bear market, however, Lifestyle Global Enterprise is likely to outperform the market. Additionally Lifestyle Global Enterprise has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Lifestyle Global Price Density |
| Price |
Predictive Modules for Lifestyle Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lifestyle Global Ent. 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 Lifestyle Global'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.
Lifestyle Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lifestyle Global is not an exception. The market had few large corrections towards the Lifestyle Global'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 Lifestyle Global Enterprise, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lifestyle Global within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | -0.09 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | -0.15 |
Lifestyle Global 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 Lifestyle Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lifestyle Global Ent can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lifestyle Global Ent generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are owned by insiders or employees |
Lifestyle Global 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 Lifestyle Stock often depends not only on the future outlook of the current and potential Lifestyle Global'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. Lifestyle Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.6 M |
Lifestyle Global Technical Analysis
Lifestyle Global's future price can be derived by breaking down and analyzing its technical indicators over time. Lifestyle Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lifestyle Global Enterprise. In general, you should focus on analyzing Lifestyle Stock price patterns and their correlations with different microeconomic environments and drivers.
Lifestyle Global Predictive Forecast Models
Lifestyle Global's time-series forecasting models is one of many Lifestyle Global'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 Lifestyle Global'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 Lifestyle Global Ent
Checking the ongoing alerts about Lifestyle Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lifestyle Global Ent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lifestyle Global Ent generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are owned by insiders or employees |
Check out Lifestyle Global Backtesting, Lifestyle Global Valuation, Lifestyle Global Correlation, Lifestyle Global Hype Analysis, Lifestyle Global Volatility, Lifestyle Global History as well as Lifestyle Global Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Lifestyle Stock analysis
When running Lifestyle Global's price analysis, check to measure Lifestyle Global'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 Lifestyle Global is operating at the current time. Most of Lifestyle Global's value examination focuses on studying past and present price action to predict the probability of Lifestyle Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifestyle Global's price. Additionally, you may evaluate how the addition of Lifestyle Global to your portfolios can decrease your overall portfolio volatility.
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