Bon Fame (Taiwan) Odds of Future Stock Price Finishing Under 98.9
| 8433 Stock | TWD 100.50 1.10 1.11% |
Bon |
Bon Fame Target Price Odds to finish below 98.9
The tendency of Bon 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$ 98.90 or more in 90 days |
| 100.50 | 90 days | 98.90 | about 71.17 |
Based on a normal probability distribution, the odds of Bon Fame to drop to NT$ 98.90 or more in 90 days from now is about 71.17 (This Bon Fame Co probability density function shows the probability of Bon Stock to fall within a particular range of prices over 90 days) . Probability of Bon Fame price to stay between NT$ 98.90 and its current price of NT$100.5 at the end of the 90-day period is about 9.28 .
Assuming the 90 days trading horizon Bon Fame Co has a beta of -0.0773. This suggests as returns on the benchmark increase, returns on holding Bon Fame are expected to decrease at a much lower rate. During a bear market, however, Bon Fame Co is likely to outperform the market. Additionally Bon Fame Co has an alpha of 0.1837, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bon Fame Price Density |
| Price |
Predictive Modules for Bon Fame
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bon Fame. 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 Bon Fame'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.
Bon Fame Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bon Fame is not an exception. The market had few large corrections towards the Bon Fame'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 Bon Fame Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bon Fame within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | -0.08 | |
σ | Overall volatility | 5.32 | |
Ir | Information ratio | 0.06 |
Bon Fame 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 Bon Fame for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bon Fame can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bon Fame Co has accumulated about 1.18 B in cash with (122.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.66. | |
| Roughly 67.0% of the company shares are owned by insiders or employees |
Bon Fame 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 Bon Stock often depends not only on the future outlook of the current and potential Bon Fame'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. Bon Fame's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.1 M |
Bon Fame Technical Analysis
Bon Fame's future price can be derived by breaking down and analyzing its technical indicators over time. Bon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bon Fame Co. In general, you should focus on analyzing Bon Stock price patterns and their correlations with different microeconomic environments and drivers.
Bon Fame Predictive Forecast Models
Bon Fame's time-series forecasting models is one of many Bon Fame'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 Bon Fame'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 Bon Fame
Checking the ongoing alerts about Bon Fame for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bon Fame help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bon Fame Co has accumulated about 1.18 B in cash with (122.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.66. | |
| Roughly 67.0% of the company shares are owned by insiders or employees |
Check out Bon Fame Backtesting, Bon Fame Valuation, Bon Fame Correlation, Bon Fame Hype Analysis, Bon Fame Volatility, Bon Fame History as well as Bon Fame Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Bon Stock analysis
When running Bon Fame's price analysis, check to measure Bon Fame'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 Bon Fame is operating at the current time. Most of Bon Fame's value examination focuses on studying past and present price action to predict the probability of Bon Fame's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bon Fame's price. Additionally, you may evaluate how the addition of Bon Fame to your portfolios can decrease your overall portfolio volatility.
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