311960 (Korea) Chance of Future Stock Price Finishing Under 4200.0
| 311960 Stock | 4,090 90.00 2.25% |
311960 |
311960 Target Price Odds to finish below 4200.0
The tendency of 311960 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 stay under 4,200 after 90 days |
| 4,090 | 90 days | 4,200 | about 68.95 |
Based on a normal probability distribution, the odds of 311960 to stay under 4,200 after 90 days from now is about 68.95 (This 311960 probability density function shows the probability of 311960 Stock to fall within a particular range of prices over 90 days) . Probability of 311960 price to stay between its current price of 4,090 and 4,200 at the end of the 90-day period is about 6.14 .
Assuming the 90 days trading horizon 311960 has a beta of 0.0883. This suggests as returns on the market go up, 311960 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 311960 will be expected to be much smaller as well. Additionally 311960 has an alpha of 0.5723, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 311960 Price Density |
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Predictive Modules for 311960
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 311960. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as 311960. Your research has to be compared to or analyzed against 311960's peers to derive any actionable benefits. When done correctly, 311960's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 311960.311960 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 311960 is not an exception. The market had few large corrections towards the 311960'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 311960, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 311960 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 655.12 | |
Ir | Information ratio | 0.1 |
311960 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 311960 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 311960 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 311960 is way too risky over 90 days horizon | |
| 311960 appears to be risky and price may revert if volatility continues |
311960 Technical Analysis
311960's future price can be derived by breaking down and analyzing its technical indicators over time. 311960 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 311960. In general, you should focus on analyzing 311960 Stock price patterns and their correlations with different microeconomic environments and drivers.
311960 Predictive Forecast Models
311960's time-series forecasting models is one of many 311960'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 311960'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 311960
Checking the ongoing alerts about 311960 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 311960 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.