Bohae Brewery (Korea) Probability of Future Stock Price Finishing Under 530.0
| 000890 Stock | 460.00 78.00 14.50% |
Bohae |
Bohae Brewery Target Price Odds to finish below 530.0
The tendency of Bohae 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 530.00 after 90 days |
| 460.00 | 90 days | 530.00 | close to 99 |
Based on a normal probability distribution, the odds of Bohae Brewery to stay under 530.00 after 90 days from now is close to 99 (This Bohae Brewery probability density function shows the probability of Bohae Stock to fall within a particular range of prices over 90 days) . Probability of Bohae Brewery price to stay between its current price of 460.00 and 530.00 at the end of the 90-day period is about 24.56 .
Assuming the 90 days trading horizon Bohae Brewery has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding Bohae Brewery are expected to decrease at a much lower rate. During a bear market, however, Bohae Brewery is likely to outperform the market. Additionally Bohae Brewery has an alpha of 0.0916, implying that it can generate a 0.0916 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bohae Brewery Price Density |
| Price |
Predictive Modules for Bohae Brewery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bohae Brewery. 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.Bohae Brewery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bohae Brewery is not an exception. The market had few large corrections towards the Bohae Brewery'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 Bohae Brewery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bohae Brewery within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 28.05 | |
Ir | Information ratio | -0.01 |
Bohae Brewery 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 Bohae Brewery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bohae Brewery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bohae Brewery had very high historical volatility over the last 90 days | |
| The company reported the revenue of 83.75 B. Net Loss for the year was (908.72 M) with profit before overhead, payroll, taxes, and interest of 28.61 B. | |
| About 24.0% of the company shares are owned by insiders or employees |
Bohae Brewery 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 Bohae Stock often depends not only on the future outlook of the current and potential Bohae Brewery'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. Bohae Brewery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 136.7 M |
Bohae Brewery Technical Analysis
Bohae Brewery's future price can be derived by breaking down and analyzing its technical indicators over time. Bohae Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bohae Brewery. In general, you should focus on analyzing Bohae Stock price patterns and their correlations with different microeconomic environments and drivers.
Bohae Brewery Predictive Forecast Models
Bohae Brewery's time-series forecasting models is one of many Bohae Brewery'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 Bohae Brewery'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 Bohae Brewery
Checking the ongoing alerts about Bohae Brewery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bohae Brewery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bohae Brewery had very high historical volatility over the last 90 days | |
| The company reported the revenue of 83.75 B. Net Loss for the year was (908.72 M) with profit before overhead, payroll, taxes, and interest of 28.61 B. | |
| About 24.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Bohae Stock
Bohae Brewery financial ratios help investors to determine whether Bohae 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 Bohae with respect to the benefits of owning Bohae Brewery security.