Cho Bi (Korea) Chance of Future Stock Price Finishing Under 13,355
| 001550 Stock | 10,580 300.00 2.92% |
Cho |
Cho Bi Target Price Odds to finish below 13,355
The tendency of Cho 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 move below current price in 90 days |
| 10,580 | 90 days | 10,580 | about 33.57 |
Based on a normal probability distribution, the odds of Cho Bi to move below current price in 90 days from now is about 33.57 (This Cho Bi probability density function shows the probability of Cho Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cho Bi has a beta of 0.23. This suggests as returns on the market go up, Cho Bi average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cho Bi will be expected to be much smaller as well. Additionally Cho Bi 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. Cho Bi Price Density |
| Price |
Predictive Modules for Cho Bi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cho Bi. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cho Bi. Your research has to be compared to or analyzed against Cho Bi's peers to derive any actionable benefits. When done correctly, Cho Bi'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 Cho Bi.Cho Bi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cho Bi is not an exception. The market had few large corrections towards the Cho Bi'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 Cho Bi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cho Bi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 683.72 | |
Ir | Information ratio | -0.19 |
Cho Bi 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 Cho Bi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cho Bi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cho Bi generated a negative expected return over the last 90 days |
Cho Bi Technical Analysis
Cho Bi's future price can be derived by breaking down and analyzing its technical indicators over time. Cho Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cho Bi. In general, you should focus on analyzing Cho Stock price patterns and their correlations with different microeconomic environments and drivers.
Cho Bi Predictive Forecast Models
Cho Bi's time-series forecasting models is one of many Cho Bi'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 Cho Bi'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 Cho Bi
Checking the ongoing alerts about Cho Bi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cho Bi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cho Bi generated a negative expected return over the last 90 days |