Neo Cremar (Korea) Probability of Future Stock Price Finishing Over 5,710
| 311390 Stock | KRW 5,670 270.00 4.55% |
Neo |
Neo Cremar Target Price Odds to finish over 5,710
The tendency of Neo 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 above the current price in 90 days |
| 5,670 | 90 days | 5,670 | about 98.0 |
Based on a normal probability distribution, the odds of Neo Cremar to move above the current price in 90 days from now is about 98.0 (This Neo Cremar Co probability density function shows the probability of Neo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Neo Cremar Co has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding Neo Cremar are expected to decrease at a much lower rate. During a bear market, however, Neo Cremar Co is likely to outperform the market. Additionally Neo Cremar Co 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. Neo Cremar Price Density |
| Price |
Predictive Modules for Neo Cremar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neo Cremar. 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.Neo Cremar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Neo Cremar is not an exception. The market had few large corrections towards the Neo Cremar'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 Neo Cremar Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Neo Cremar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 568.93 | |
Ir | Information ratio | -0.07 |
Neo Cremar 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 Neo Cremar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Neo Cremar can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Neo Cremar generated a negative expected return over the last 90 days | |
| Neo Cremar has high historical volatility and very poor performance | |
| About 49.0% of the company shares are owned by insiders or employees |
Neo Cremar 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 Neo Stock often depends not only on the future outlook of the current and potential Neo Cremar'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. Neo Cremar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.3 M | |
| Cash And Short Term Investments | 15.1 B |
Neo Cremar Technical Analysis
Neo Cremar's future price can be derived by breaking down and analyzing its technical indicators over time. Neo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Neo Cremar Co. In general, you should focus on analyzing Neo Stock price patterns and their correlations with different microeconomic environments and drivers.
Neo Cremar Predictive Forecast Models
Neo Cremar's time-series forecasting models is one of many Neo Cremar'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 Neo Cremar'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 Neo Cremar
Checking the ongoing alerts about Neo Cremar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Neo Cremar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Neo Cremar generated a negative expected return over the last 90 days | |
| Neo Cremar has high historical volatility and very poor performance | |
| About 49.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Neo Stock
Neo Cremar financial ratios help investors to determine whether Neo 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 Neo with respect to the benefits of owning Neo Cremar security.