National Plastic (Korea) Probability of Future Stock Price Finishing Over 2565.0

004255 Stock   2,550  15.00  0.58%   
National Plastic's future price is the expected price of National Plastic 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 National Plastic Co performance during a given time horizon utilizing its historical volatility. Check out National Plastic Backtesting, National Plastic Valuation, National Plastic Correlation, National Plastic Hype Analysis, National Plastic Volatility, National Plastic History as well as National Plastic Performance.
  
Please specify National Plastic's target price for which you would like National Plastic odds to be computed.

National Plastic Target Price Odds to finish over 2565.0

The tendency of National 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  2,565  or more in 90 days
 2,550 90 days 2,565 
about 78.27
Based on a normal probability distribution, the odds of National Plastic to move over  2,565  or more in 90 days from now is about 78.27 (This National Plastic Co probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) . Probability of National Plastic price to stay between its current price of  2,550  and  2,565  at the end of the 90-day period is about 5.69 .
Assuming the 90 days trading horizon National Plastic has a beta of 0.14. This suggests as returns on the market go up, National Plastic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding National Plastic Co will be expected to be much smaller as well. Additionally National Plastic Co 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.
   National Plastic Price Density   
       Price  

Predictive Modules for National Plastic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as National Plastic. 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
2,5642,5652,566
Details
Intrinsic
Valuation
LowRealHigh
2,4102,4112,822
Details
Naive
Forecast
LowNextHigh
2,5912,5922,594
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,5652,5922,620
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as National Plastic. Your research has to be compared to or analyzed against National Plastic's peers to derive any actionable benefits. When done correctly, National Plastic'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 National Plastic.

National Plastic Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. National Plastic is not an exception. The market had few large corrections towards the National Plastic'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 National Plastic Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of National Plastic within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.04
β
Beta against Dow Jones0.14
σ
Overall volatility
70.88
Ir
Information ratio -0.11

National Plastic 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 National Plastic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for National Plastic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
National Plastic generated a negative expected return over the last 90 days

National Plastic 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 National Stock often depends not only on the future outlook of the current and potential National Plastic'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. National Plastic's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding41.9 M

National Plastic Technical Analysis

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

National Plastic Predictive Forecast Models

National Plastic's time-series forecasting models is one of many National Plastic'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 National Plastic'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 National Plastic

Checking the ongoing alerts about National Plastic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for National Plastic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
National Plastic generated a negative expected return over the last 90 days

Other Information on Investing in National Stock

National Plastic financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Plastic security.