Cho Bi (Korea) Chance of Future Stock Price Finishing Over 10675.2
| 001550 Stock | 11,120 500.00 4.30% |
Cho |
Cho Bi Target Price Odds to finish over 10675.2
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 stay above 10,675 in 90 days |
| 11,120 | 90 days | 10,675 | about 43.99 |
Based on a normal probability distribution, the odds of Cho Bi to stay above 10,675 in 90 days from now is about 43.99 (This Cho Bi Co probability density function shows the probability of Cho Stock to fall within a particular range of prices over 90 days) . Probability of Cho Bi price to stay between 10,675 and its current price of 11120.0 at the end of the 90-day period is about 26.95 .
Assuming the 90 days trading horizon Cho Bi Co has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Cho Bi are expected to decrease at a much lower rate. During a bear market, however, Cho Bi Co is likely to outperform the market. Additionally Cho Bi Co has an alpha of 1.0E-4, implying that it can generate a 1.04E-4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cho Bi Price Density |
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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 Co, 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 | 0.0001 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 554.98 | |
Ir | Information ratio | -0.03 |
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 Co. 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cho Bi in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cho Bi's short interest history, or implied volatility extrapolated from Cho Bi options trading.