Grand Korea (Korea) Probability of Future Stock Price Finishing Under 12060.0
| 114090 Stock | 11,200 270.00 2.47% |
Grand |
Grand Korea Target Price Odds to finish below 12060.0
The tendency of Grand 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 stay under 12,060 after 90 days |
| 11,200 | 90 days | 12,060 | about 92.92 |
Based on a normal probability distribution, the odds of Grand Korea to stay under 12,060 after 90 days from now is about 92.92 (This Grand Korea Leisure probability density function shows the probability of Grand Stock to fall within a particular range of prices over 90 days) . Probability of Grand Korea Leisure price to stay between its current price of 11,200 and 12,060 at the end of the 90-day period is about 51.65 .
Assuming the 90 days trading horizon Grand Korea Leisure has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding Grand Korea are expected to decrease at a much lower rate. During a bear market, however, Grand Korea Leisure is likely to outperform the market. Additionally Grand Korea Leisure 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. Grand Korea Price Density |
| Price |
Predictive Modules for Grand Korea
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grand Korea Leisure. 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.Grand Korea Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grand Korea is not an exception. The market had few large corrections towards the Grand Korea'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 Grand Korea Leisure, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grand Korea within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 507.39 | |
Ir | Information ratio | -0.08 |
Grand Korea 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 Grand Korea for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grand Korea Leisure can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grand Korea Leisure generated a negative expected return over the last 90 days | |
| The company reported the revenue of 85.09 B. Net Loss for the year was (113.27 B) with loss before overhead, payroll, taxes, and interest of (119.15 B). | |
| Grand Korea generates negative cash flow from operations |
Grand Korea 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 Grand Stock often depends not only on the future outlook of the current and potential Grand Korea'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. Grand Korea's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61.9 M |
Grand Korea Technical Analysis
Grand Korea's future price can be derived by breaking down and analyzing its technical indicators over time. Grand Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grand Korea Leisure. In general, you should focus on analyzing Grand Stock price patterns and their correlations with different microeconomic environments and drivers.
Grand Korea Predictive Forecast Models
Grand Korea's time-series forecasting models is one of many Grand Korea'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 Grand Korea'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 Grand Korea Leisure
Checking the ongoing alerts about Grand Korea for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grand Korea Leisure help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grand Korea Leisure generated a negative expected return over the last 90 days | |
| The company reported the revenue of 85.09 B. Net Loss for the year was (113.27 B) with loss before overhead, payroll, taxes, and interest of (119.15 B). | |
| Grand Korea generates negative cash flow from operations |
Other Information on Investing in Grand Stock
Grand Korea financial ratios help investors to determine whether Grand 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 Grand with respect to the benefits of owning Grand Korea security.