Hyundai BNG (Korea) Probability of Future Stock Price Finishing Under 12490.0
| 004560 Stock | 13,080 300.00 2.24% |
Hyundai |
Hyundai BNG Target Price Odds to finish below 12490.0
The tendency of Hyundai 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 12,490 or more in 90 days |
| 13,080 | 90 days | 12,490 | about 63.61 |
Based on a normal probability distribution, the odds of Hyundai BNG to drop to 12,490 or more in 90 days from now is about 63.61 (This Hyundai BNG Steel probability density function shows the probability of Hyundai Stock to fall within a particular range of prices over 90 days) . Probability of Hyundai BNG Steel price to stay between 12,490 and its current price of 13080.0 at the end of the 90-day period is about 22.84 .
Assuming the 90 days trading horizon Hyundai BNG has a beta of 0.0903. This suggests as returns on the market go up, Hyundai BNG average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hyundai BNG Steel will be expected to be much smaller as well. Additionally Hyundai BNG Steel has an alpha of 0.0345, implying that it can generate a 0.0345 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hyundai BNG Price Density |
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Predictive Modules for Hyundai BNG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hyundai BNG Steel. 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.Hyundai BNG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hyundai BNG is not an exception. The market had few large corrections towards the Hyundai BNG'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 Hyundai BNG Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hyundai BNG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 780.07 | |
Ir | Information ratio | -0.01 |
Hyundai BNG Technical Analysis
Hyundai BNG's future price can be derived by breaking down and analyzing its technical indicators over time. Hyundai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hyundai BNG Steel. In general, you should focus on analyzing Hyundai Stock price patterns and their correlations with different microeconomic environments and drivers.
Hyundai BNG Predictive Forecast Models
Hyundai BNG's time-series forecasting models is one of many Hyundai BNG'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 Hyundai BNG'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 Hyundai BNG 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, Hyundai BNG's short interest history, or implied volatility extrapolated from Hyundai BNG options trading.
Other Information on Investing in Hyundai Stock
Hyundai BNG financial ratios help investors to determine whether Hyundai 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 Hyundai with respect to the benefits of owning Hyundai BNG security.