Eagon Industrial (Korea) Probability of Future Stock Price Finishing Under 3952.8
| 008250 Stock | 4,935 80.00 1.65% |
Eagon |
Eagon Industrial Target Price Odds to finish below 3952.8
The tendency of Eagon 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 3,953 or more in 90 days |
| 4,935 | 90 days | 3,953 | near 1 |
Based on a normal probability distribution, the odds of Eagon Industrial to drop to 3,953 or more in 90 days from now is near 1 (This Eagon Industrial Co probability density function shows the probability of Eagon Stock to fall within a particular range of prices over 90 days) . Probability of Eagon Industrial price to stay between 3,953 and its current price of 4935.0 at the end of the 90-day period is about 19.27 .
Assuming the 90 days trading horizon Eagon Industrial Co has a beta of -0.15. This suggests as returns on the benchmark increase, returns on holding Eagon Industrial are expected to decrease at a much lower rate. During a bear market, however, Eagon Industrial Co is likely to outperform the market. Additionally Eagon Industrial 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. Eagon Industrial Price Density |
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Predictive Modules for Eagon Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eagon Industrial. 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.Eagon Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eagon Industrial is not an exception. The market had few large corrections towards the Eagon Industrial'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 Eagon Industrial Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eagon Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 167.43 | |
Ir | Information ratio | -0.18 |
Eagon Industrial 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 Eagon Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eagon Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eagon Industrial generated a negative expected return over the last 90 days |
Eagon Industrial Technical Analysis
Eagon Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. Eagon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eagon Industrial Co. In general, you should focus on analyzing Eagon Stock price patterns and their correlations with different microeconomic environments and drivers.
Eagon Industrial Predictive Forecast Models
Eagon Industrial's time-series forecasting models is one of many Eagon Industrial'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 Eagon Industrial'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 Eagon Industrial
Checking the ongoing alerts about Eagon Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eagon Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eagon Industrial generated a negative expected return over the last 90 days |
Other Information on Investing in Eagon Stock
Eagon Industrial financial ratios help investors to determine whether Eagon 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 Eagon with respect to the benefits of owning Eagon Industrial security.