KODEX KOSPI (Korea) Probability of Future Etf Price Finishing Under 12593.96
| 337140 Etf | 12,295 35.00 0.29% |
KODEX |
KODEX KOSPI Target Price Odds to finish below 12593.96
The tendency of KODEX Etf 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 12,594 after 90 days |
| 12,295 | 90 days | 12,594 | about 89.58 |
Based on a normal probability distribution, the odds of KODEX KOSPI to stay under 12,594 after 90 days from now is about 89.58 (This KODEX KOSPI LargeCap probability density function shows the probability of KODEX Etf to fall within a particular range of prices over 90 days) . Probability of KODEX KOSPI LargeCap price to stay between its current price of 12,295 and 12,594 at the end of the 90-day period is about 24.27 .
Assuming the 90 days trading horizon KODEX KOSPI has a beta of 0.099. This suggests as returns on the market go up, KODEX KOSPI average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KODEX KOSPI LargeCap will be expected to be much smaller as well. Additionally KODEX KOSPI LargeCap 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. KODEX KOSPI Price Density |
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Predictive Modules for KODEX KOSPI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KODEX KOSPI LargeCap. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 KODEX KOSPI. Your research has to be compared to or analyzed against KODEX KOSPI's peers to derive any actionable benefits. When done correctly, KODEX KOSPI'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 KODEX KOSPI LargeCap.KODEX KOSPI Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KODEX KOSPI is not an exception. The market had few large corrections towards the KODEX KOSPI'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 KODEX KOSPI LargeCap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KODEX KOSPI within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 343.83 | |
Ir | Information ratio | -0.03 |
KODEX KOSPI 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 KODEX KOSPI for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KODEX KOSPI LargeCap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KODEX KOSPI LargeCap generated a negative expected return over the last 90 days |
KODEX KOSPI Technical Analysis
KODEX KOSPI's future price can be derived by breaking down and analyzing its technical indicators over time. KODEX Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KODEX KOSPI LargeCap. In general, you should focus on analyzing KODEX Etf price patterns and their correlations with different microeconomic environments and drivers.
KODEX KOSPI Predictive Forecast Models
KODEX KOSPI's time-series forecasting models is one of many KODEX KOSPI's etf 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 KODEX KOSPI'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 etf market movement and maximize returns from investment trading.
Things to note about KODEX KOSPI LargeCap
Checking the ongoing alerts about KODEX KOSPI for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KODEX KOSPI LargeCap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KODEX KOSPI LargeCap generated a negative expected return over the last 90 days |