Korea Line (Korea) Probability of Future Stock Price Finishing Under 2290.0

005880 Stock   1,737  4.00  0.23%   
Korea Line's future price is the expected price of Korea Line 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 Korea Line performance during a given time horizon utilizing its historical volatility. Check out Korea Line Backtesting, Korea Line Valuation, Korea Line Correlation, Korea Line Hype Analysis, Korea Line Volatility, Korea Line History as well as Korea Line Performance.
  
Please specify Korea Line's target price for which you would like Korea Line odds to be computed.

Korea Line Target Price Odds to finish below 2290.0

The tendency of Korea 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 stay under  2,290  after 90 days
 1,737 90 days 2,290 
close to 99
Based on a normal probability distribution, the odds of Korea Line to stay under  2,290  after 90 days from now is close to 99 (This Korea Line probability density function shows the probability of Korea Stock to fall within a particular range of prices over 90 days) . Probability of Korea Line price to stay between its current price of  1,737  and  2,290  at the end of the 90-day period is about 82.4 .
Assuming the 90 days trading horizon Korea Line has a beta of -0.0283. This suggests as returns on the benchmark increase, returns on holding Korea Line are expected to decrease at a much lower rate. During a bear market, however, Korea Line is likely to outperform the market. Additionally Korea Line 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.
   Korea Line Price Density   
       Price  

Predictive Modules for Korea Line

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korea Line. 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
1,7351,7371,739
Details
Intrinsic
Valuation
LowRealHigh
1,5011,5031,911
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Korea Line. Your research has to be compared to or analyzed against Korea Line's peers to derive any actionable benefits. When done correctly, Korea Line'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 Korea Line.

Korea Line Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Korea Line is not an exception. The market had few large corrections towards the Korea Line'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 Korea Line, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Korea Line within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.07
β
Beta against Dow Jones-0.03
σ
Overall volatility
92.30
Ir
Information ratio -0.08

Korea Line 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 Korea Line for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Korea Line can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Korea Line generated a negative expected return over the last 90 days
About 50.0% of the company shares are owned by insiders or employees

Korea Line 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 Korea Stock often depends not only on the future outlook of the current and potential Korea Line'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. Korea Line's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding310.8 M

Korea Line Technical Analysis

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

Korea Line Predictive Forecast Models

Korea Line's time-series forecasting models is one of many Korea Line'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 Korea Line'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 Korea Line

Checking the ongoing alerts about Korea Line for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Korea Line help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Korea Line generated a negative expected return over the last 90 days
About 50.0% of the company shares are owned by insiders or employees

Other Information on Investing in Korea Stock

Korea Line financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Line security.