Hana Microelectronics (Germany) Probability of Future Stock Price Finishing Over 0.56
| HAA1 Stock | 0.56 0.02 3.70% |
Hana |
Hana Microelectronics Target Price Odds to finish over 0.56
The tendency of Hana 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 |
| 0.56 | 90 days | 0.56 | about 1.53 |
Based on a normal probability distribution, the odds of Hana Microelectronics to move above the current price in 90 days from now is about 1.53 (This Hana Microelectronics PCL probability density function shows the probability of Hana Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hana Microelectronics has a beta of 0.25. This usually indicates as returns on the market go up, Hana Microelectronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hana Microelectronics PCL will be expected to be much smaller as well. Additionally Hana Microelectronics PCL has an alpha of 0.589, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hana Microelectronics Price Density |
| Price |
Predictive Modules for Hana Microelectronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hana Microelectronics PCL. 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.Hana Microelectronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hana Microelectronics is not an exception. The market had few large corrections towards the Hana Microelectronics' 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 Hana Microelectronics PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hana Microelectronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.12 |
Hana Microelectronics 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 Hana Microelectronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hana Microelectronics PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hana Microelectronics has some characteristics of a very speculative penny stock | |
| Hana Microelectronics had very high historical volatility over the last 90 days |
Hana Microelectronics 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 Hana Stock often depends not only on the future outlook of the current and potential Hana Microelectronics' 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. Hana Microelectronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 804.9 M | |
| Dividends Paid | 1.2 B |
Hana Microelectronics Technical Analysis
Hana Microelectronics' future price can be derived by breaking down and analyzing its technical indicators over time. Hana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hana Microelectronics PCL. In general, you should focus on analyzing Hana Stock price patterns and their correlations with different microeconomic environments and drivers.
Hana Microelectronics Predictive Forecast Models
Hana Microelectronics' time-series forecasting models is one of many Hana Microelectronics' 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 Hana Microelectronics' 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 Hana Microelectronics PCL
Checking the ongoing alerts about Hana Microelectronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hana Microelectronics PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hana Microelectronics has some characteristics of a very speculative penny stock | |
| Hana Microelectronics had very high historical volatility over the last 90 days |
Additional Tools for Hana Stock Analysis
When running Hana Microelectronics' price analysis, check to measure Hana Microelectronics' 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 Hana Microelectronics is operating at the current time. Most of Hana Microelectronics' value examination focuses on studying past and present price action to predict the probability of Hana Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hana Microelectronics' price. Additionally, you may evaluate how the addition of Hana Microelectronics to your portfolios can decrease your overall portfolio volatility.