Hanwha Chemical (Korea) Probability of Future Stock Price Finishing Under 16590.0
| 009830 Stock | 16,850 90.00 0.54% |
Hanwha |
Hanwha Chemical Target Price Odds to finish below 16590.0
The tendency of Hanwha 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 drop to 16,590 or more in 90 days |
| 16,850 | 90 days | 16,590 | about 11.41 |
Based on a normal probability distribution, the odds of Hanwha Chemical to drop to 16,590 or more in 90 days from now is about 11.41 (This Hanwha Chemical Corp probability density function shows the probability of Hanwha Stock to fall within a particular range of prices over 90 days) . Probability of Hanwha Chemical Corp price to stay between 16,590 and its current price of 16850.0 at the end of the 90-day period is about 1.57 .
Assuming the 90 days trading horizon Hanwha Chemical Corp has a beta of -0.85. This suggests Additionally Hanwha Chemical Corp 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. Hanwha Chemical Price Density |
| Price |
Predictive Modules for Hanwha Chemical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hanwha Chemical Corp. 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.Hanwha Chemical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanwha Chemical is not an exception. The market had few large corrections towards the Hanwha Chemical'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 Hanwha Chemical Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanwha Chemical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | -0.85 | |
σ | Overall volatility | 3,353 | |
Ir | Information ratio | -0.15 |
Hanwha Chemical 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 Hanwha Chemical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hanwha Chemical Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hanwha Chemical Corp generated a negative expected return over the last 90 days | |
| Hanwha Chemical Corp has high historical volatility and very poor performance |
Hanwha Chemical Technical Analysis
Hanwha Chemical's future price can be derived by breaking down and analyzing its technical indicators over time. Hanwha Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hanwha Chemical Corp. In general, you should focus on analyzing Hanwha Stock price patterns and their correlations with different microeconomic environments and drivers.
Hanwha Chemical Predictive Forecast Models
Hanwha Chemical's time-series forecasting models is one of many Hanwha Chemical'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 Hanwha Chemical'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 Hanwha Chemical Corp
Checking the ongoing alerts about Hanwha Chemical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hanwha Chemical Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hanwha Chemical Corp generated a negative expected return over the last 90 days | |
| Hanwha Chemical Corp has high historical volatility and very poor performance |
Other Information on Investing in Hanwha Stock
Hanwha Chemical financial ratios help investors to determine whether Hanwha 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 Hanwha with respect to the benefits of owning Hanwha Chemical security.