DB HiTek (Korea) Odds of Future Stock Price Finishing Under 44100.0
| 000990 Stock | 33,550 450.00 1.36% |
000990 |
DB HiTek Target Price Odds to finish below 44100.0
The tendency of 000990 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 44,100 after 90 days |
| 33,550 | 90 days | 44,100 | close to 99 |
Based on a normal probability distribution, the odds of DB HiTek to stay under 44,100 after 90 days from now is close to 99 (This DB HiTek Co probability density function shows the probability of 000990 Stock to fall within a particular range of prices over 90 days) . Probability of DB HiTek price to stay between its current price of 33,550 and 44,100 at the end of the 90-day period is about 78.32 .
Assuming the 90 days trading horizon DB HiTek Co has a beta of -0.0329. This suggests as returns on the benchmark increase, returns on holding DB HiTek are expected to decrease at a much lower rate. During a bear market, however, DB HiTek Co is likely to outperform the market. Additionally DB HiTek 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. DB HiTek Price Density |
| Price |
Predictive Modules for DB HiTek
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DB HiTek. 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.DB HiTek Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DB HiTek is not an exception. The market had few large corrections towards the DB HiTek'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 DB HiTek Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DB HiTek within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 3,254 | |
Ir | Information ratio | -0.08 |
DB HiTek 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 DB HiTek for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DB HiTek can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DB HiTek generated a negative expected return over the last 90 days | |
| DB HiTek has high historical volatility and very poor performance | |
| About 17.0% of the company shares are owned by insiders or employees |
DB HiTek 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 000990 Stock often depends not only on the future outlook of the current and potential DB HiTek'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. DB HiTek's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.4 M |
DB HiTek Technical Analysis
DB HiTek's future price can be derived by breaking down and analyzing its technical indicators over time. 000990 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DB HiTek Co. In general, you should focus on analyzing 000990 Stock price patterns and their correlations with different microeconomic environments and drivers.
DB HiTek Predictive Forecast Models
DB HiTek's time-series forecasting models is one of many DB HiTek'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 DB HiTek'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 DB HiTek
Checking the ongoing alerts about DB HiTek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DB HiTek help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DB HiTek generated a negative expected return over the last 90 days | |
| DB HiTek has high historical volatility and very poor performance | |
| About 17.0% of the company shares are owned by insiders or employees |
Other Information on Investing in 000990 Stock
DB HiTek financial ratios help investors to determine whether 000990 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 000990 with respect to the benefits of owning DB HiTek security.