Korean Air (Korea) Probability of Future Stock Price Finishing Over 22,286
| 003490 Stock | 25,950 500.00 1.96% |
Korean |
Korean Air Target Price Odds to finish over 22,286
The tendency of Korean 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 above the current price in 90 days |
| 25,950 | 90 days | 25,950 | near 1 |
Based on a normal probability distribution, the odds of Korean Air to move above the current price in 90 days from now is near 1 (This Korean Air Lines probability density function shows the probability of Korean Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Korean Air has a beta of 0.28. This suggests as returns on the market go up, Korean Air average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Korean Air Lines will be expected to be much smaller as well. Additionally Korean Air Lines has an alpha of 0.1983, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Korean Air Price Density |
| Price |
Predictive Modules for Korean Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korean Air Lines. 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.Korean Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Korean Air is not an exception. The market had few large corrections towards the Korean Air'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 Korean Air Lines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Korean Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 1,092 | |
Ir | Information ratio | 0.07 |
Korean Air 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 Korean Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Korean Air Lines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 35.0% of the company shares are owned by insiders or employees |
Korean Air 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 Korean Stock often depends not only on the future outlook of the current and potential Korean Air'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. Korean Air's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 347.8 M |
Korean Air Technical Analysis
Korean Air's future price can be derived by breaking down and analyzing its technical indicators over time. Korean Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Korean Air Lines. In general, you should focus on analyzing Korean Stock price patterns and their correlations with different microeconomic environments and drivers.
Korean Air Predictive Forecast Models
Korean Air's time-series forecasting models is one of many Korean Air'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 Korean Air'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 Korean Air Lines
Checking the ongoing alerts about Korean Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Korean Air Lines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 35.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Korean Stock
Korean Air financial ratios help investors to determine whether Korean 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 Korean with respect to the benefits of owning Korean Air security.