HMM (Korea) Chance of Future Stock Price Finishing Over 18,037

011200 Stock   18,770  410.00  2.23%   
HMM's future price is the expected price of HMM instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of HMM Co performance during a given time horizon utilizing its historical volatility. Check out HMM Backtesting, HMM Valuation, HMM Correlation, HMM Hype Analysis, HMM Volatility, HMM History as well as HMM Performance.
  
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HMM Target Price Odds to finish over 18,037

The tendency of HMM 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 18,770 90 days 18,770 
about 5.05
Based on a normal probability distribution, the odds of HMM to move above the current price in 90 days from now is about 5.05 (This HMM Co probability density function shows the probability of HMM Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon HMM Co has a beta of -0.56. This suggests as returns on the benchmark increase, returns on holding HMM are expected to decrease at a much lower rate. During a bear market, however, HMM Co is likely to outperform the market. Additionally HMM Co has an alpha of 0.2392, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   HMM Price Density   
       Price  

Predictive Modules for HMM

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HMM Co. 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.
Hype
Prediction
LowEstimatedHigh
18,76818,77018,772
Details
Intrinsic
Valuation
LowRealHigh
15,15315,15620,647
Details
Naive
Forecast
LowNextHigh
18,19518,19718,200
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17,52418,27419,023
Details

HMM Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. HMM is not an exception. The market had few large corrections towards the HMM'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 HMM Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HMM within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.24
β
Beta against Dow Jones-0.56
σ
Overall volatility
764.24
Ir
Information ratio 0.03

HMM 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 HMM Stock often depends not only on the future outlook of the current and potential HMM'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. HMM's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding489 M

HMM Technical Analysis

HMM's future price can be derived by breaking down and analyzing its technical indicators over time. HMM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HMM Co. In general, you should focus on analyzing HMM Stock price patterns and their correlations with different microeconomic environments and drivers.

HMM Predictive Forecast Models

HMM's time-series forecasting models is one of many HMM'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 HMM'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HMM in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HMM's short interest history, or implied volatility extrapolated from HMM options trading.

Other Information on Investing in HMM Stock

HMM financial ratios help investors to determine whether HMM 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 HMM with respect to the benefits of owning HMM security.