Automobile (Korea) Probability of Future Stock Price Finishing Over 705.90
| 015260 Stock | 680.00 5.00 0.74% |
Automobile |
Automobile Target Price Odds to finish over 705.90
The tendency of Automobile 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 over 705.90 or more in 90 days |
| 680.00 | 90 days | 705.90 | about 54.13 |
Based on a normal probability distribution, the odds of Automobile to move over 705.90 or more in 90 days from now is about 54.13 (This Automobile Pc probability density function shows the probability of Automobile Stock to fall within a particular range of prices over 90 days) . Probability of Automobile Pc price to stay between its current price of 680.00 and 705.90 at the end of the 90-day period is about 22.04 .
Assuming the 90 days trading horizon Automobile has a beta of 0.083. This suggests as returns on the market go up, Automobile average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Automobile Pc will be expected to be much smaller as well. Additionally Automobile Pc 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. Automobile Price Density |
| Price |
Predictive Modules for Automobile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Automobile Pc. 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.Automobile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Automobile is not an exception. The market had few large corrections towards the Automobile'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 Automobile Pc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Automobile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 42.59 | |
Ir | Information ratio | -0.06 |
Automobile 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 Automobile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Automobile Pc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Automobile Pc generated a negative expected return over the last 90 days | |
| Automobile Pc has high historical volatility and very poor performance | |
| The company reported the revenue of 69.29 B. Net Loss for the year was (11.95 B) with loss before overhead, payroll, taxes, and interest of (824.34 M). | |
| Automobile generates negative cash flow from operations | |
| About 58.0% of the company shares are owned by insiders or employees |
Automobile 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 Automobile Stock often depends not only on the future outlook of the current and potential Automobile'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. Automobile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.3 M |
Automobile Technical Analysis
Automobile's future price can be derived by breaking down and analyzing its technical indicators over time. Automobile Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Automobile Pc. In general, you should focus on analyzing Automobile Stock price patterns and their correlations with different microeconomic environments and drivers.
Automobile Predictive Forecast Models
Automobile's time-series forecasting models is one of many Automobile'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 Automobile'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 Automobile Pc
Checking the ongoing alerts about Automobile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Automobile Pc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Automobile Pc generated a negative expected return over the last 90 days | |
| Automobile Pc has high historical volatility and very poor performance | |
| The company reported the revenue of 69.29 B. Net Loss for the year was (11.95 B) with loss before overhead, payroll, taxes, and interest of (824.34 M). | |
| Automobile generates negative cash flow from operations | |
| About 58.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Automobile Stock
Automobile financial ratios help investors to determine whether Automobile 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 Automobile with respect to the benefits of owning Automobile security.