BenQ Materials (Taiwan) Probability of Future Stock Price Finishing Over 34.60
| 8215 Stock | TWD 34.60 0.05 0.14% |
BenQ |
BenQ Materials Target Price Odds to finish over 34.60
The tendency of BenQ 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 |
| 34.60 | 90 days | 34.60 | about 50.0 |
Based on a normal probability distribution, the odds of BenQ Materials to move above the current price in 90 days from now is about 50.0 (This BenQ Materials Corp probability density function shows the probability of BenQ Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BenQ Materials has a beta of 0.19. This suggests as returns on the market go up, BenQ Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BenQ Materials Corp will be expected to be much smaller as well. Additionally BenQ Materials Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. BenQ Materials Price Density |
| Price |
Predictive Modules for BenQ Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BenQ Materials Corp. 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 BenQ Materials' 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.
BenQ Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BenQ Materials is not an exception. The market had few large corrections towards the BenQ Materials' 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 BenQ Materials Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BenQ Materials within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | 0.19 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.05 |
BenQ Materials 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 BenQ Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BenQ Materials Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BenQ Materials Corp generated a negative expected return over the last 90 days | |
| About 48.0% of the company shares are owned by insiders or employees |
BenQ Materials 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 BenQ Stock often depends not only on the future outlook of the current and potential BenQ Materials' 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. BenQ Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 320.7 M |
BenQ Materials Technical Analysis
BenQ Materials' future price can be derived by breaking down and analyzing its technical indicators over time. BenQ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BenQ Materials Corp. In general, you should focus on analyzing BenQ Stock price patterns and their correlations with different microeconomic environments and drivers.
BenQ Materials Predictive Forecast Models
BenQ Materials' time-series forecasting models is one of many BenQ Materials' 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 BenQ Materials' 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 BenQ Materials Corp
Checking the ongoing alerts about BenQ Materials for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BenQ Materials Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BenQ Materials Corp generated a negative expected return over the last 90 days | |
| About 48.0% of the company shares are owned by insiders or employees |
Check out BenQ Materials Backtesting, BenQ Materials Valuation, BenQ Materials Correlation, BenQ Materials Hype Analysis, BenQ Materials Volatility, BenQ Materials History as well as BenQ Materials Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for BenQ Stock analysis
When running BenQ Materials' price analysis, check to measure BenQ Materials' 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 BenQ Materials is operating at the current time. Most of BenQ Materials' value examination focuses on studying past and present price action to predict the probability of BenQ Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BenQ Materials' price. Additionally, you may evaluate how the addition of BenQ Materials to your portfolios can decrease your overall portfolio volatility.
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