KyungIn Electronics (Korea) Probability of Future Stock Price Finishing Under 23954.52
| 009140 Stock | 20,600 200.00 0.96% |
KyungIn |
KyungIn Electronics Target Price Odds to finish below 23954.52
The tendency of KyungIn 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 under 23,955 after 90 days |
| 20,600 | 90 days | 23,955 | close to 99 |
Based on a normal probability distribution, the odds of KyungIn Electronics to stay under 23,955 after 90 days from now is close to 99 (This KyungIn Electronics Co probability density function shows the probability of KyungIn Stock to fall within a particular range of prices over 90 days) . Probability of KyungIn Electronics price to stay between its current price of 20,600 and 23,955 at the end of the 90-day period is about 67.68 .
Assuming the 90 days trading horizon KyungIn Electronics Co has a beta of -0.29. This suggests as returns on the benchmark increase, returns on holding KyungIn Electronics are expected to decrease at a much lower rate. During a bear market, however, KyungIn Electronics Co is likely to outperform the market. Additionally KyungIn Electronics 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. KyungIn Electronics Price Density |
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Predictive Modules for KyungIn Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KyungIn Electronics. 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.KyungIn Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KyungIn Electronics is not an exception. The market had few large corrections towards the KyungIn Electronics' 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 KyungIn Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KyungIn Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 305.49 | |
Ir | Information ratio | -0.2 |
KyungIn Electronics 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 KyungIn Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KyungIn Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KyungIn Electronics generated a negative expected return over the last 90 days |
KyungIn Electronics Technical Analysis
KyungIn Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. KyungIn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KyungIn Electronics Co. In general, you should focus on analyzing KyungIn Stock price patterns and their correlations with different microeconomic environments and drivers.
KyungIn Electronics Predictive Forecast Models
KyungIn Electronics' time-series forecasting models is one of many KyungIn Electronics' 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 KyungIn Electronics' 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 KyungIn Electronics
Checking the ongoing alerts about KyungIn Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KyungIn Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KyungIn Electronics generated a negative expected return over the last 90 days |
Other Information on Investing in KyungIn Stock
KyungIn Electronics financial ratios help investors to determine whether KyungIn 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 KyungIn with respect to the benefits of owning KyungIn Electronics security.