Bosung Power (Korea) Probability of Future Stock Price Finishing Under 2,987
| 006910 Stock | KRW 2,890 45.00 1.53% |
Bosung |
Bosung Power Target Price Odds to finish below 2,987
The tendency of Bosung 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 below current price in 90 days |
| 2,890 | 90 days | 2,890 | about 15.47 |
Based on a normal probability distribution, the odds of Bosung Power to move below current price in 90 days from now is about 15.47 (This Bosung Power Technology probability density function shows the probability of Bosung Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.19 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bosung Power will likely underperform. Additionally Bosung Power Technology 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. Bosung Power Price Density |
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Predictive Modules for Bosung Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bosung Power Technology. 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.Bosung Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bosung Power is not an exception. The market had few large corrections towards the Bosung Power'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 Bosung Power Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bosung Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 206.75 | |
Ir | Information ratio | -0.02 |
Bosung Power 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 Bosung Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bosung Power Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bosung Power had very high historical volatility over the last 90 days | |
| The company reported the revenue of 68.54 B. Net Loss for the year was (926.4 M) with profit before overhead, payroll, taxes, and interest of 7.47 B. | |
| Bosung Power Technology has accumulated about 24.49 B in cash with (3.68 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 148.93. | |
| Roughly 15.0% of the company shares are owned by insiders or employees |
Bosung Power 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 Bosung Stock often depends not only on the future outlook of the current and potential Bosung Power'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. Bosung Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.9 M | |
| Cash And Short Term Investments | 31.5 B |
Bosung Power Technical Analysis
Bosung Power's future price can be derived by breaking down and analyzing its technical indicators over time. Bosung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bosung Power Technology. In general, you should focus on analyzing Bosung Stock price patterns and their correlations with different microeconomic environments and drivers.
Bosung Power Predictive Forecast Models
Bosung Power's time-series forecasting models is one of many Bosung Power'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 Bosung Power'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 Bosung Power Technology
Checking the ongoing alerts about Bosung Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bosung Power Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bosung Power had very high historical volatility over the last 90 days | |
| The company reported the revenue of 68.54 B. Net Loss for the year was (926.4 M) with profit before overhead, payroll, taxes, and interest of 7.47 B. | |
| Bosung Power Technology has accumulated about 24.49 B in cash with (3.68 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 148.93. | |
| Roughly 15.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Bosung Stock
Bosung Power financial ratios help investors to determine whether Bosung 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 Bosung with respect to the benefits of owning Bosung Power security.