Dong Ah (Korea) Odds of Future Stock Price Finishing Over 18570.00
| 007340 Stock | 18,570 90.00 0.49% |
Dong |
Dong Ah Target Price Odds to finish over 18570.00
The tendency of Dong 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 |
| 18,570 | 90 days | 18,570 | about 42.75 |
Based on a normal probability distribution, the odds of Dong Ah to move above the current price in 90 days from now is about 42.75 (This Dong Ah Tire probability density function shows the probability of Dong Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Dong Ah Tire has a beta of -0.59. This suggests as returns on the benchmark increase, returns on holding Dong Ah are expected to decrease at a much lower rate. During a bear market, however, Dong Ah Tire is likely to outperform the market. Additionally Dong Ah Tire has an alpha of 0.0863, implying that it can generate a 0.0863 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dong Ah Price Density |
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Predictive Modules for Dong Ah
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dong Ah Tire. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dong Ah. Your research has to be compared to or analyzed against Dong Ah's peers to derive any actionable benefits. When done correctly, Dong Ah'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 Dong Ah Tire.Dong Ah Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dong Ah is not an exception. The market had few large corrections towards the Dong Ah'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 Dong Ah Tire, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dong Ah within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.59 | |
σ | Overall volatility | 576.07 | |
Ir | Information ratio | 0.01 |
Dong Ah 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 Dong Ah for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dong Ah Tire can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dong Ah Tire generated a negative expected return over the last 90 days |
Dong Ah Technical Analysis
Dong Ah's future price can be derived by breaking down and analyzing its technical indicators over time. Dong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dong Ah Tire. In general, you should focus on analyzing Dong Stock price patterns and their correlations with different microeconomic environments and drivers.
Dong Ah Predictive Forecast Models
Dong Ah's time-series forecasting models is one of many Dong Ah'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 Dong Ah'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 Dong Ah Tire
Checking the ongoing alerts about Dong Ah for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dong Ah Tire help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dong Ah Tire generated a negative expected return over the last 90 days |