Narae Nanotech (Korea) Probability of Future Stock Price Finishing Over 4075.0

137080 Stock   4,175  100.00  2.45%   
Narae Nanotech's future price is the expected price of Narae Nanotech instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Narae Nanotech Corp performance during a given time horizon utilizing its historical volatility. Check out Narae Nanotech Backtesting, Narae Nanotech Valuation, Narae Nanotech Correlation, Narae Nanotech Hype Analysis, Narae Nanotech Volatility, Narae Nanotech History as well as Narae Nanotech Performance.
  
Please specify Narae Nanotech's target price for which you would like Narae Nanotech odds to be computed.

Narae Nanotech Target Price Odds to finish over 4075.0

The tendency of Narae 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 PriceHorizonTarget PriceOdds to stay above  4,075  in 90 days
 4,175 90 days 4,075 
nearly 4.57
Based on a normal probability distribution, the odds of Narae Nanotech to stay above  4,075  in 90 days from now is nearly 4.57 (This Narae Nanotech Corp probability density function shows the probability of Narae Stock to fall within a particular range of prices over 90 days) . Probability of Narae Nanotech Corp price to stay between  4,075  and its current price of 4175.0 at the end of the 90-day period is about 1.91 .
Assuming the 90 days trading horizon Narae Nanotech Corp has a beta of -0.48. This suggests as returns on the benchmark increase, returns on holding Narae Nanotech are expected to decrease at a much lower rate. During a bear market, however, Narae Nanotech Corp is likely to outperform the market. Additionally Narae Nanotech Corp has an alpha of 0.1868, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Narae Nanotech Price Density   
       Price  

Predictive Modules for Narae Nanotech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Narae Nanotech 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.
Hype
Prediction
LowEstimatedHigh
4,1724,1754,178
Details
Intrinsic
Valuation
LowRealHigh
3,2083,2114,592
Details
Naive
Forecast
LowNextHigh
4,4974,5004,503
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,7083,5424,377
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Narae Nanotech. Your research has to be compared to or analyzed against Narae Nanotech's peers to derive any actionable benefits. When done correctly, Narae Nanotech'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 Narae Nanotech Corp.

Narae Nanotech Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Narae Nanotech is not an exception. The market had few large corrections towards the Narae Nanotech'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 Narae Nanotech Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Narae Nanotech within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.19
β
Beta against Dow Jones-0.48
σ
Overall volatility
407.16
Ir
Information ratio 0.05

Narae Nanotech 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 Narae Nanotech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Narae Nanotech 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.
Narae Nanotech Corp had very high historical volatility over the last 90 days

Narae Nanotech 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 Narae Stock often depends not only on the future outlook of the current and potential Narae Nanotech'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. Narae Nanotech's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding8.4 M
Cash And Short Term Investments19 B

Narae Nanotech Technical Analysis

Narae Nanotech's future price can be derived by breaking down and analyzing its technical indicators over time. Narae Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Narae Nanotech Corp. In general, you should focus on analyzing Narae Stock price patterns and their correlations with different microeconomic environments and drivers.

Narae Nanotech Predictive Forecast Models

Narae Nanotech's time-series forecasting models is one of many Narae Nanotech'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 Narae Nanotech'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 Narae Nanotech Corp

Checking the ongoing alerts about Narae Nanotech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Narae Nanotech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Narae Nanotech Corp had very high historical volatility over the last 90 days

Other Information on Investing in Narae Stock

Narae Nanotech financial ratios help investors to determine whether Narae 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 Narae with respect to the benefits of owning Narae Nanotech security.