LegoChem Biosciences (Korea) Probability of Future Stock Price Finishing Under 37,337
| 141080 Stock | KRW 103,300 600.00 0.58% |
LegoChem |
LegoChem Biosciences Target Price Odds to finish below 37,337
The tendency of LegoChem 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 below current price in 90 days |
| 103,300 | 90 days | 103,300 | about 11.36 |
Based on a normal probability distribution, the odds of LegoChem Biosciences to move below current price in 90 days from now is about 11.36 (This LegoChem Biosciences probability density function shows the probability of LegoChem Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon LegoChem Biosciences has a beta of -0.45. This suggests as returns on the benchmark increase, returns on holding LegoChem Biosciences are expected to decrease at a much lower rate. During a bear market, however, LegoChem Biosciences is likely to outperform the market. Additionally LegoChem Biosciences 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. LegoChem Biosciences Price Density |
| Price |
Predictive Modules for LegoChem Biosciences
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LegoChem Biosciences. 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.LegoChem Biosciences Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LegoChem Biosciences is not an exception. The market had few large corrections towards the LegoChem Biosciences' 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 LegoChem Biosciences, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LegoChem Biosciences within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 8,042 | |
Ir | Information ratio | 0.04 |
LegoChem Biosciences 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 LegoChem Biosciences for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LegoChem Biosciences can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LegoChem Biosciences had very high historical volatility over the last 90 days | |
| The company reported the revenue of 32.16 B. Net Loss for the year was (23.39 B) with profit before overhead, payroll, taxes, and interest of 34.81 B. | |
| LegoChem Biosciences has accumulated about 29.39 B in cash with (42.05 B) of positive cash flow from operations. | |
| Roughly 20.0% of the company shares are owned by insiders or employees |
LegoChem Biosciences 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 LegoChem Stock often depends not only on the future outlook of the current and potential LegoChem Biosciences' 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. LegoChem Biosciences' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.2 M | |
| Cash And Short Term Investments | 60.4 B |
LegoChem Biosciences Technical Analysis
LegoChem Biosciences' future price can be derived by breaking down and analyzing its technical indicators over time. LegoChem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LegoChem Biosciences. In general, you should focus on analyzing LegoChem Stock price patterns and their correlations with different microeconomic environments and drivers.
LegoChem Biosciences Predictive Forecast Models
LegoChem Biosciences' time-series forecasting models is one of many LegoChem Biosciences' 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 LegoChem Biosciences' 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 LegoChem Biosciences
Checking the ongoing alerts about LegoChem Biosciences for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LegoChem Biosciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LegoChem Biosciences had very high historical volatility over the last 90 days | |
| The company reported the revenue of 32.16 B. Net Loss for the year was (23.39 B) with profit before overhead, payroll, taxes, and interest of 34.81 B. | |
| LegoChem Biosciences has accumulated about 29.39 B in cash with (42.05 B) of positive cash flow from operations. | |
| Roughly 20.0% of the company shares are owned by insiders or employees |
Other Information on Investing in LegoChem Stock
LegoChem Biosciences financial ratios help investors to determine whether LegoChem 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 LegoChem with respect to the benefits of owning LegoChem Biosciences security.