Myoung Shin (Korea) Probability of Future Stock Price Finishing Over 13,940
| 009900 Stock | 11,580 430.00 3.58% |
Myoung |
Myoung Shin Target Price Odds to finish over 13,940
The tendency of Myoung 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 |
| 11,580 | 90 days | 11,580 | about 81.03 |
Based on a normal probability distribution, the odds of Myoung Shin to move above the current price in 90 days from now is about 81.03 (This Myoung Shin Industrial probability density function shows the probability of Myoung Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Myoung Shin has a beta of 0.0554. This suggests as returns on the market go up, Myoung Shin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Myoung Shin Industrial will be expected to be much smaller as well. Additionally Myoung Shin Industrial has an alpha of 0.009, implying that it can generate a 0.009044 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Myoung Shin Price Density |
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Predictive Modules for Myoung Shin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Myoung Shin 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.Myoung Shin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Myoung Shin is not an exception. The market had few large corrections towards the Myoung Shin'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 Myoung Shin Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Myoung Shin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 881.10 | |
Ir | Information ratio | -0.03 |
Myoung Shin 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 Myoung Shin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Myoung Shin 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.| Myoung Shin had very high historical volatility over the last 90 days | |
| About 46.0% of the company shares are owned by insiders or employees |
Myoung Shin 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 Myoung Stock often depends not only on the future outlook of the current and potential Myoung Shin'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. Myoung Shin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.5 M |
Myoung Shin Technical Analysis
Myoung Shin's future price can be derived by breaking down and analyzing its technical indicators over time. Myoung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Myoung Shin Industrial. In general, you should focus on analyzing Myoung Stock price patterns and their correlations with different microeconomic environments and drivers.
Myoung Shin Predictive Forecast Models
Myoung Shin's time-series forecasting models is one of many Myoung Shin'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 Myoung Shin'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 Myoung Shin Industrial
Checking the ongoing alerts about Myoung Shin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Myoung Shin Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Myoung Shin had very high historical volatility over the last 90 days | |
| About 46.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Myoung Stock
Myoung Shin financial ratios help investors to determine whether Myoung 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 Myoung with respect to the benefits of owning Myoung Shin security.