Busan Ind (Korea) Probability of Future Stock Price Finishing Over 55,304
| 011390 Stock | 56,300 1,300 2.36% |
Busan |
Busan Ind Target Price Odds to finish over 55,304
The tendency of Busan 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 |
| 56,300 | 90 days | 56,300 | about 17.91 |
Based on a normal probability distribution, the odds of Busan Ind to move above the current price in 90 days from now is about 17.91 (This Busan Ind probability density function shows the probability of Busan Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.16 . 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, Busan Ind will likely underperform. Additionally Busan Ind 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. Busan Ind Price Density |
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Predictive Modules for Busan Ind
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Busan Ind. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Busan Ind. Your research has to be compared to or analyzed against Busan Ind's peers to derive any actionable benefits. When done correctly, Busan Ind's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Busan Ind.Busan Ind Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Busan Ind is not an exception. The market had few large corrections towards the Busan Ind'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 Busan Ind, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Busan Ind within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 3,200 | |
Ir | Information ratio | -0.0003 |
Busan Ind 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 Busan Ind for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Busan Ind can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Busan Ind had very high historical volatility over the last 90 days |
Busan Ind Technical Analysis
Busan Ind's future price can be derived by breaking down and analyzing its technical indicators over time. Busan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Busan Ind. In general, you should focus on analyzing Busan Stock price patterns and their correlations with different microeconomic environments and drivers.
Busan Ind Predictive Forecast Models
Busan Ind's time-series forecasting models is one of many Busan Ind'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 Busan Ind'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 Busan Ind
Checking the ongoing alerts about Busan Ind for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Busan Ind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Busan Ind had very high historical volatility over the last 90 days |