Korea Shipbuilding (Korea) Probability of Future Stock Price Finishing Under 111700.0
| 009540 Stock | 196,000 8,100 4.31% |
Korea |
Korea Shipbuilding Target Price Odds to finish below 111700.0
The tendency of Korea 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 111,700 or more in 90 days |
| 196,000 | 90 days | 111,700 | near 1 |
Based on a normal probability distribution, the odds of Korea Shipbuilding to drop to 111,700 or more in 90 days from now is near 1 (This Korea Shipbuilding Offshore probability density function shows the probability of Korea Stock to fall within a particular range of prices over 90 days) . Probability of Korea Shipbuilding price to stay between 111,700 and its current price of 196000.0 at the end of the 90-day period is about 69.17 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.35 . 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, Korea Shipbuilding will likely underperform. Additionally Korea Shipbuilding Offshore 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. Korea Shipbuilding Price Density |
| Price |
Predictive Modules for Korea Shipbuilding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korea Shipbuilding. 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.Korea Shipbuilding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Korea Shipbuilding is not an exception. The market had few large corrections towards the Korea Shipbuilding'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 Korea Shipbuilding Offshore, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Korea Shipbuilding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0031 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 10,343 | |
Ir | Information ratio | 0.01 |
Korea Shipbuilding 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 Korea Shipbuilding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Korea Shipbuilding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 15.49 T. Net Loss for the year was (929.32 B) with loss before overhead, payroll, taxes, and interest of (522.64 B). | |
| About 41.0% of the company shares are owned by insiders or employees |
Korea Shipbuilding 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 Korea Stock often depends not only on the future outlook of the current and potential Korea Shipbuilding'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. Korea Shipbuilding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 70.7 M |
Korea Shipbuilding Technical Analysis
Korea Shipbuilding's future price can be derived by breaking down and analyzing its technical indicators over time. Korea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Korea Shipbuilding Offshore. In general, you should focus on analyzing Korea Stock price patterns and their correlations with different microeconomic environments and drivers.
Korea Shipbuilding Predictive Forecast Models
Korea Shipbuilding's time-series forecasting models is one of many Korea Shipbuilding'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 Korea Shipbuilding'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 Korea Shipbuilding
Checking the ongoing alerts about Korea Shipbuilding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Korea Shipbuilding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 15.49 T. Net Loss for the year was (929.32 B) with loss before overhead, payroll, taxes, and interest of (522.64 B). | |
| About 41.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Korea Stock
Korea Shipbuilding financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Shipbuilding security.