Korean Reinsurance (Korea) Probability of Future Stock Price Finishing Over 5766.9
| 003690 Stock | 8,040 150.00 1.83% |
Korean |
Korean Reinsurance Target Price Odds to finish over 5766.9
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 stay above 5,767 in 90 days |
| 8,040 | 90 days | 5,767 | close to 99 |
Based on a normal probability distribution, the odds of Korean Reinsurance to stay above 5,767 in 90 days from now is close to 99 (This Korean Reinsurance Co probability density function shows the probability of Korean Stock to fall within a particular range of prices over 90 days) . Probability of Korean Reinsurance price to stay between 5,767 and its current price of 8040.0 at the end of the 90-day period is about 32.48 .
Assuming the 90 days trading horizon Korean Reinsurance Co has a beta of -0.0668. This suggests as returns on the benchmark increase, returns on holding Korean Reinsurance are expected to decrease at a much lower rate. During a bear market, however, Korean Reinsurance Co is likely to outperform the market. Additionally Korean Reinsurance Co has an alpha of 0.005, implying that it can generate a 0.005016 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Korean Reinsurance Price Density |
| Price |
Predictive Modules for Korean Reinsurance
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 Reinsurance. 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 Reinsurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Korean Reinsurance is not an exception. The market had few large corrections towards the Korean Reinsurance'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 Reinsurance Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Korean Reinsurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 131.69 | |
Ir | Information ratio | 0.05 |
Korean Reinsurance 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 Reinsurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Korean Reinsurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Korean Reinsurance generated a negative expected return over the last 90 days |
Korean Reinsurance Technical Analysis
Korean Reinsurance'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 Reinsurance Co. In general, you should focus on analyzing Korean Stock price patterns and their correlations with different microeconomic environments and drivers.
Korean Reinsurance Predictive Forecast Models
Korean Reinsurance's time-series forecasting models is one of many Korean Reinsurance'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 Reinsurance'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 Reinsurance
Checking the ongoing alerts about Korean Reinsurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Korean Reinsurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Korean Reinsurance generated a negative expected return over the last 90 days |
Other Information on Investing in Korean Stock
Korean Reinsurance 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 Reinsurance security.