Kolon Plastics (Korea) Probability of Future Stock Price Finishing Under 5270.0
| 138490 Stock | 5,430 150.00 2.84% |
Kolon |
Kolon Plastics Target Price Odds to finish below 5270.0
The tendency of Kolon 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 5,270 or more in 90 days |
| 5,430 | 90 days | 5,270 | about 11.74 |
Based on a normal probability distribution, the odds of Kolon Plastics to drop to 5,270 or more in 90 days from now is about 11.74 (This Kolon Plastics probability density function shows the probability of Kolon Stock to fall within a particular range of prices over 90 days) . Probability of Kolon Plastics price to stay between 5,270 and its current price of 5430.0 at the end of the 90-day period is about 14.53 .
Assuming the 90 days trading horizon Kolon Plastics has a beta of 0.29. This suggests as returns on the market go up, Kolon Plastics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kolon Plastics will be expected to be much smaller as well. Additionally Kolon Plastics 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. Kolon Plastics Price Density |
| Price |
Predictive Modules for Kolon Plastics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kolon Plastics. 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.Kolon Plastics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kolon Plastics is not an exception. The market had few large corrections towards the Kolon Plastics' 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 Kolon Plastics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kolon Plastics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 290.49 | |
Ir | Information ratio | -0.09 |
Kolon Plastics 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 Kolon Plastics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kolon Plastics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kolon Plastics generated a negative expected return over the last 90 days |
Kolon Plastics Technical Analysis
Kolon Plastics' future price can be derived by breaking down and analyzing its technical indicators over time. Kolon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kolon Plastics. In general, you should focus on analyzing Kolon Stock price patterns and their correlations with different microeconomic environments and drivers.
Kolon Plastics Predictive Forecast Models
Kolon Plastics' time-series forecasting models is one of many Kolon Plastics' 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 Kolon Plastics' 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 Kolon Plastics
Checking the ongoing alerts about Kolon Plastics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kolon Plastics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kolon Plastics generated a negative expected return over the last 90 days |
Other Information on Investing in Kolon Stock
Kolon Plastics financial ratios help investors to determine whether Kolon 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 Kolon with respect to the benefits of owning Kolon Plastics security.