Kumho Ind (Korea) Probability of Future Stock Price Finishing Over 5000.0

002990 Stock   2,740  210.00  8.30%   
Kumho Ind's future price is the expected price of Kumho Ind instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Kumho Ind performance during a given time horizon utilizing its historical volatility. Check out Kumho Ind Backtesting, Kumho Ind Valuation, Kumho Ind Correlation, Kumho Ind Hype Analysis, Kumho Ind Volatility, Kumho Ind History as well as Kumho Ind Performance.
  
Please specify Kumho Ind's target price for which you would like Kumho Ind odds to be computed.

Kumho Ind Target Price Odds to finish over 5000.0

The tendency of Kumho 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 PriceHorizonTarget PriceOdds to move over  5,000  or more in 90 days
 2,740 90 days 5,000 
near 1
Based on a normal probability distribution, the odds of Kumho Ind to move over  5,000  or more in 90 days from now is near 1 (This Kumho Ind probability density function shows the probability of Kumho Stock to fall within a particular range of prices over 90 days) . Probability of Kumho Ind price to stay between its current price of  2,740  and  5,000  at the end of the 90-day period is about 90.82 .
Assuming the 90 days trading horizon Kumho Ind has a beta of 0.49. This suggests as returns on the market go up, Kumho Ind average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kumho Ind will be expected to be much smaller as well. Additionally Kumho Ind has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Kumho Ind Price Density   
       Price  

Predictive Modules for Kumho Ind

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kumho Ind. 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.
Hype
Prediction
LowEstimatedHigh
2,7372,7402,743
Details
Intrinsic
Valuation
LowRealHigh
2,5462,5483,014
Details
Naive
Forecast
LowNextHigh
2,4932,4962,499
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,5892,8383,087
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kumho Ind. Your research has to be compared to or analyzed against Kumho Ind's peers to derive any actionable benefits. When done correctly, Kumho Ind's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kumho Ind.

Kumho Ind Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Kumho Ind is not an exception. The market had few large corrections towards the Kumho Ind'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 Kumho Ind, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kumho Ind within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.4
β
Beta against Dow Jones0.49
σ
Overall volatility
211.86
Ir
Information ratio -0.18

Kumho Ind 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 Kumho Ind for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kumho Ind can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Kumho Ind generated a negative expected return over the last 90 days
About 48.0% of the company shares are owned by insiders or employees

Kumho Ind 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 Kumho Stock often depends not only on the future outlook of the current and potential Kumho Ind'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. Kumho Ind's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding35.6 M

Kumho Ind Technical Analysis

Kumho Ind's future price can be derived by breaking down and analyzing its technical indicators over time. Kumho Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kumho Ind. In general, you should focus on analyzing Kumho Stock price patterns and their correlations with different microeconomic environments and drivers.

Kumho Ind Predictive Forecast Models

Kumho Ind's time-series forecasting models is one of many Kumho Ind'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 Kumho Ind'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 Kumho Ind

Checking the ongoing alerts about Kumho Ind for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kumho Ind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Kumho Ind generated a negative expected return over the last 90 days
About 48.0% of the company shares are owned by insiders or employees

Other Information on Investing in Kumho Stock

Kumho Ind financial ratios help investors to determine whether Kumho Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kumho with respect to the benefits of owning Kumho Ind security.