Golden Bridge (Korea) Probability of Future Stock Price Finishing Under 391.50
| 001290 Stock | 441.00 3.00 0.68% |
Golden |
Golden Bridge Target Price Odds to finish below 391.50
The tendency of Golden 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 drop to 391.50 or more in 90 days |
| 441.00 | 90 days | 391.50 | near 1 |
Based on a normal probability distribution, the odds of Golden Bridge to drop to 391.50 or more in 90 days from now is near 1 (This Golden Bridge Investment probability density function shows the probability of Golden Stock to fall within a particular range of prices over 90 days) . Probability of Golden Bridge Investment price to stay between 391.50 and its current price of 441.0 at the end of the 90-day period is about 9.15 .
Assuming the 90 days trading horizon Golden Bridge has a beta of 0.18. This suggests as returns on the market go up, Golden Bridge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Golden Bridge Investment will be expected to be much smaller as well. Additionally Golden Bridge Investment 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. Golden Bridge Price Density |
| Price |
Predictive Modules for Golden Bridge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Golden Bridge Investment. 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.Golden Bridge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Golden Bridge is not an exception. The market had few large corrections towards the Golden Bridge'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 Golden Bridge Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Golden Bridge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 18.44 | |
Ir | Information ratio | -0.21 |
Golden Bridge 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 Golden Bridge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Golden Bridge Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Golden Bridge generated a negative expected return over the last 90 days |
Golden Bridge Technical Analysis
Golden Bridge's future price can be derived by breaking down and analyzing its technical indicators over time. Golden Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Golden Bridge Investment. In general, you should focus on analyzing Golden Stock price patterns and their correlations with different microeconomic environments and drivers.
Golden Bridge Predictive Forecast Models
Golden Bridge's time-series forecasting models is one of many Golden Bridge'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 Golden Bridge'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 Golden Bridge Investment
Checking the ongoing alerts about Golden Bridge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Golden Bridge Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Golden Bridge generated a negative expected return over the last 90 days |
Other Information on Investing in Golden Stock
Golden Bridge financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Bridge security.