Alchera (Korea) Odds of Future Stock Price Finishing Under 1995.71
| 347860 Stock | KRW 1,974 66.00 3.24% |
Alchera |
Alchera Target Price Odds to finish below 1995.71
The tendency of Alchera 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 W 1,996 after 90 days |
| 1,974 | 90 days | 1,996 | about 6.77 |
Based on a normal probability distribution, the odds of Alchera to stay under W 1,996 after 90 days from now is about 6.77 (This Alchera probability density function shows the probability of Alchera Stock to fall within a particular range of prices over 90 days) . Probability of Alchera price to stay between its current price of W 1,974 and W 1,996 at the end of the 90-day period is about 1.09 .
Assuming the 90 days trading horizon Alchera has a beta of -0.69. This suggests as returns on the benchmark increase, returns on holding Alchera are expected to decrease at a much lower rate. During a bear market, however, Alchera is likely to outperform the market. Additionally Alchera 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. Alchera Price Density |
| Price |
Predictive Modules for Alchera
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alchera. 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.Alchera Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alchera is not an exception. The market had few large corrections towards the Alchera'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 Alchera, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alchera within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 246.01 | |
Ir | Information ratio | -0.11 |
Alchera 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 Alchera for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alchera can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alchera generated a negative expected return over the last 90 days | |
| Alchera has high historical volatility and very poor performance | |
| The company reported the revenue of 10 B. Net Loss for the year was (13.87 B) with profit before overhead, payroll, taxes, and interest of 267.5 M. | |
| Alchera has accumulated about 48.56 B in cash with (6.89 B) of positive cash flow from operations. | |
| Roughly 50.0% of the company shares are owned by insiders or employees |
Alchera 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 Alchera Stock often depends not only on the future outlook of the current and potential Alchera'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. Alchera's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.1 M | |
| Cash And Short Term Investments | 63.1 B |
Alchera Technical Analysis
Alchera's future price can be derived by breaking down and analyzing its technical indicators over time. Alchera Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alchera. In general, you should focus on analyzing Alchera Stock price patterns and their correlations with different microeconomic environments and drivers.
Alchera Predictive Forecast Models
Alchera's time-series forecasting models is one of many Alchera'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 Alchera'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 Alchera
Checking the ongoing alerts about Alchera for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alchera help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alchera generated a negative expected return over the last 90 days | |
| Alchera has high historical volatility and very poor performance | |
| The company reported the revenue of 10 B. Net Loss for the year was (13.87 B) with profit before overhead, payroll, taxes, and interest of 267.5 M. | |
| Alchera has accumulated about 48.56 B in cash with (6.89 B) of positive cash flow from operations. | |
| Roughly 50.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Alchera Stock
Alchera financial ratios help investors to determine whether Alchera 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 Alchera with respect to the benefits of owning Alchera security.