ALTEOGEN (Korea) Odds of Future Stock Price Finishing Over 283185.0
| 196170 Stock | KRW 280,000 22,500 7.44% |
ALTEOGEN |
ALTEOGEN Target Price Odds to finish over 283185.0
The tendency of ALTEOGEN 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 over W 283,185 or more in 90 days |
| 280,000 | 90 days | 283,185 | over 95.48 |
Based on a normal probability distribution, the odds of ALTEOGEN to move over W 283,185 or more in 90 days from now is over 95.48 (This ALTEOGEN probability density function shows the probability of ALTEOGEN Stock to fall within a particular range of prices over 90 days) . Probability of ALTEOGEN price to stay between its current price of W 280,000 and W 283,185 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon ALTEOGEN has a beta of 0.43. This suggests as returns on the market go up, ALTEOGEN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALTEOGEN will be expected to be much smaller as well. Additionally ALTEOGEN has an alpha of 0.0068, implying that it can generate a 0.006844 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ALTEOGEN Price Density |
| Price |
Predictive Modules for ALTEOGEN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALTEOGEN. 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.ALTEOGEN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALTEOGEN is not an exception. The market had few large corrections towards the ALTEOGEN'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 ALTEOGEN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALTEOGEN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 42,065 | |
Ir | Information ratio | -0.01 |
ALTEOGEN 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 ALTEOGEN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ALTEOGEN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ALTEOGEN generated a negative expected return over the last 90 days | |
| ALTEOGEN has high historical volatility and very poor performance | |
| The company reported the revenue of 41.12 B. Net Loss for the year was (3.88 B) with profit before overhead, payroll, taxes, and interest of 8.08 B. | |
| ALTEOGEN has accumulated about 10.54 B in cash with (9.42 B) of positive cash flow from operations. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
ALTEOGEN 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 ALTEOGEN Stock often depends not only on the future outlook of the current and potential ALTEOGEN'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. ALTEOGEN's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.3 M | |
| Cash And Short Term Investments | 202 B |
ALTEOGEN Technical Analysis
ALTEOGEN's future price can be derived by breaking down and analyzing its technical indicators over time. ALTEOGEN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALTEOGEN. In general, you should focus on analyzing ALTEOGEN Stock price patterns and their correlations with different microeconomic environments and drivers.
ALTEOGEN Predictive Forecast Models
ALTEOGEN's time-series forecasting models is one of many ALTEOGEN'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 ALTEOGEN'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 ALTEOGEN
Checking the ongoing alerts about ALTEOGEN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ALTEOGEN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ALTEOGEN generated a negative expected return over the last 90 days | |
| ALTEOGEN has high historical volatility and very poor performance | |
| The company reported the revenue of 41.12 B. Net Loss for the year was (3.88 B) with profit before overhead, payroll, taxes, and interest of 8.08 B. | |
| ALTEOGEN has accumulated about 10.54 B in cash with (9.42 B) of positive cash flow from operations. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
Other Information on Investing in ALTEOGEN Stock
ALTEOGEN financial ratios help investors to determine whether ALTEOGEN 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 ALTEOGEN with respect to the benefits of owning ALTEOGEN security.