Dongbu Insurance (Korea) Probability of Future Stock Price Finishing Over 109,303
| 005830 Stock | 109,200 800.00 0.74% |
Dongbu |
Dongbu Insurance Target Price Odds to finish over 109,303
The tendency of Dongbu 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 |
| 109,200 | 90 days | 109,200 | about 74.31 |
Based on a normal probability distribution, the odds of Dongbu Insurance to move above the current price in 90 days from now is about 74.31 (This Dongbu Insurance Co probability density function shows the probability of Dongbu Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Dongbu Insurance Co has a beta of -0.0979. This suggests as returns on the benchmark increase, returns on holding Dongbu Insurance are expected to decrease at a much lower rate. During a bear market, however, Dongbu Insurance Co is likely to outperform the market. Additionally Dongbu Insurance Co 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. Dongbu Insurance Price Density |
| Price |
Predictive Modules for Dongbu Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dongbu Insurance. 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.Dongbu Insurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dongbu Insurance is not an exception. The market had few large corrections towards the Dongbu Insurance'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 Dongbu Insurance Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dongbu Insurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 4,587 | |
Ir | Information ratio | -0.11 |
Dongbu Insurance 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 Dongbu Insurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dongbu Insurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dongbu Insurance generated a negative expected return over the last 90 days |
Dongbu Insurance Technical Analysis
Dongbu Insurance's future price can be derived by breaking down and analyzing its technical indicators over time. Dongbu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dongbu Insurance Co. In general, you should focus on analyzing Dongbu Stock price patterns and their correlations with different microeconomic environments and drivers.
Dongbu Insurance Predictive Forecast Models
Dongbu Insurance's time-series forecasting models is one of many Dongbu Insurance'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 Dongbu Insurance'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 Dongbu Insurance
Checking the ongoing alerts about Dongbu Insurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dongbu Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dongbu Insurance generated a negative expected return over the last 90 days |
Other Information on Investing in Dongbu Stock
Dongbu Insurance financial ratios help investors to determine whether Dongbu 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 Dongbu with respect to the benefits of owning Dongbu Insurance security.