Busan Industrial (Korea) Probability of Future Stock Price Finishing Under 64,494
| 011390 Stock | 61,400 2,300 3.61% |
Busan |
Busan Industrial Target Price Odds to finish below 64,494
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 below current price in 90 days |
| 61,400 | 90 days | 61,400 | over 95.48 |
Based on a normal probability distribution, the odds of Busan Industrial to move below current price in 90 days from now is over 95.48 (This Busan Industrial Co 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 Busan Industrial has a beta of 0.58. This suggests as returns on the market go up, Busan Industrial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Busan Industrial Co will be expected to be much smaller as well. Additionally Busan Industrial Co has an alpha of 0.2201, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Busan Industrial Price Density |
| Price |
Predictive Modules for Busan Industrial
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 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.Busan Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Busan Industrial is not an exception. The market had few large corrections towards the Busan Industrial'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 Industrial Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Busan Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 4,367 | |
Ir | Information ratio | 0.03 |
Busan Industrial 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 Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Busan 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.| Busan Industrial had very high historical volatility over the last 90 days |
Busan Industrial Technical Analysis
Busan Industrial'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 Industrial Co. In general, you should focus on analyzing Busan Stock price patterns and their correlations with different microeconomic environments and drivers.
Busan Industrial Predictive Forecast Models
Busan Industrial's time-series forecasting models is one of many Busan Industrial'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 Industrial'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 Industrial
Checking the ongoing alerts about Busan Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Busan Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Busan Industrial had very high historical volatility over the last 90 days |
Other Information on Investing in Busan Stock
Busan Industrial financial ratios help investors to determine whether Busan 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 Busan with respect to the benefits of owning Busan Industrial security.