Amicogen (Korea) Odds of Future Stock Price Finishing Over 3,741
| 092040 Stock | KRW 3,670 205.00 5.29% |
Amicogen |
Amicogen Target Price Odds to finish over 3,741
The tendency of Amicogen 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 |
| 3,670 | 90 days | 3,670 | roughly 97.0 |
Based on a normal probability distribution, the odds of Amicogen to move above the current price in 90 days from now is roughly 97.0 (This Amicogen probability density function shows the probability of Amicogen Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Amicogen has a beta of -0.74. This suggests as returns on the benchmark increase, returns on holding Amicogen are expected to decrease at a much lower rate. During a bear market, however, Amicogen is likely to outperform the market. Additionally Amicogen 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. Amicogen Price Density |
| Price |
Predictive Modules for Amicogen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amicogen. 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.Amicogen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amicogen is not an exception. The market had few large corrections towards the Amicogen'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 Amicogen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amicogen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | -0.74 | |
σ | Overall volatility | 440.95 | |
Ir | Information ratio | -0.16 |
Amicogen 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 Amicogen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amicogen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amicogen generated a negative expected return over the last 90 days | |
| Amicogen has high historical volatility and very poor performance | |
| About 16.0% of the company shares are owned by insiders or employees |
Amicogen 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 Amicogen Stock often depends not only on the future outlook of the current and potential Amicogen'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. Amicogen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.5 M | |
| Cash And Short Term Investments | 42.5 B |
Amicogen Technical Analysis
Amicogen's future price can be derived by breaking down and analyzing its technical indicators over time. Amicogen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amicogen. In general, you should focus on analyzing Amicogen Stock price patterns and their correlations with different microeconomic environments and drivers.
Amicogen Predictive Forecast Models
Amicogen's time-series forecasting models is one of many Amicogen'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 Amicogen'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 Amicogen
Checking the ongoing alerts about Amicogen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amicogen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amicogen generated a negative expected return over the last 90 days | |
| Amicogen has high historical volatility and very poor performance | |
| About 16.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Amicogen Stock
Amicogen financial ratios help investors to determine whether Amicogen 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 Amicogen with respect to the benefits of owning Amicogen security.