Cytogen (Korea) Odds of Future Stock Price Finishing Over 7730.0
| 217330 Stock | KRW 7,140 20.00 0.28% |
Cytogen |
Cytogen Target Price Odds to finish over 7730.0
The tendency of Cytogen 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 7,730 or more in 90 days |
| 7,140 | 90 days | 7,730 | about 8.15 |
Based on a normal probability distribution, the odds of Cytogen to move over W 7,730 or more in 90 days from now is about 8.15 (This Cytogen probability density function shows the probability of Cytogen Stock to fall within a particular range of prices over 90 days) . Probability of Cytogen price to stay between its current price of W 7,140 and W 7,730 at the end of the 90-day period is about 48.49 .
Assuming the 90 days trading horizon Cytogen has a beta of -1.24. This suggests as returns on its benchmark rise, returns on holding Cytogen are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cytogen is expected to outperform its benchmark. Additionally Cytogen has an alpha of 0.065, implying that it can generate a 0.065 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cytogen Price Density |
| Price |
Predictive Modules for Cytogen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cytogen. 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.Cytogen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cytogen is not an exception. The market had few large corrections towards the Cytogen'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 Cytogen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cytogen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -1.24 | |
σ | Overall volatility | 377.62 | |
Ir | Information ratio | -0.06 |
Cytogen 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 Cytogen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cytogen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cytogen generated a negative expected return over the last 90 days | |
| Cytogen has high historical volatility and very poor performance | |
| The company reported the revenue of 347.85 M. Net Loss for the year was (10.87 B) with loss before overhead, payroll, taxes, and interest of (129.63 M). | |
| Cytogen has accumulated about 30.29 B in cash with (5.23 B) of positive cash flow from operations. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Cytogen 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 Cytogen Stock often depends not only on the future outlook of the current and potential Cytogen'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. Cytogen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.5 M | |
| Cash And Short Term Investments | 35.4 B | |
| Shares Float | 3.2 M |
Cytogen Technical Analysis
Cytogen's future price can be derived by breaking down and analyzing its technical indicators over time. Cytogen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cytogen. In general, you should focus on analyzing Cytogen Stock price patterns and their correlations with different microeconomic environments and drivers.
Cytogen Predictive Forecast Models
Cytogen's time-series forecasting models is one of many Cytogen'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 Cytogen'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 Cytogen
Checking the ongoing alerts about Cytogen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cytogen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cytogen generated a negative expected return over the last 90 days | |
| Cytogen has high historical volatility and very poor performance | |
| The company reported the revenue of 347.85 M. Net Loss for the year was (10.87 B) with loss before overhead, payroll, taxes, and interest of (129.63 M). | |
| Cytogen has accumulated about 30.29 B in cash with (5.23 B) of positive cash flow from operations. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Cytogen Stock
Cytogen financial ratios help investors to determine whether Cytogen 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 Cytogen with respect to the benefits of owning Cytogen security.