Dongbu Steel (Korea) Probability of Future Stock Price Finishing Under 5337.9
| 016380 Stock | 6,590 170.00 2.65% |
Dongbu |
Dongbu Steel Target Price Odds to finish below 5337.9
The tendency of Dongbu 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 5,338 or more in 90 days |
| 6,590 | 90 days | 5,338 | near 1 |
Based on a normal probability distribution, the odds of Dongbu Steel to drop to 5,338 or more in 90 days from now is near 1 (This Dongbu Steel Co probability density function shows the probability of Dongbu Stock to fall within a particular range of prices over 90 days) . Probability of Dongbu Steel price to stay between 5,338 and its current price of 6590.0 at the end of the 90-day period is about 72.47 .
Assuming the 90 days trading horizon Dongbu Steel has a beta of 0.0232. This suggests as returns on the market go up, Dongbu Steel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dongbu Steel Co will be expected to be much smaller as well. Additionally Dongbu Steel Co has an alpha of 0.1919, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dongbu Steel Price Density |
| Price |
Predictive Modules for Dongbu Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dongbu Steel. 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.Dongbu Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dongbu Steel is not an exception. The market had few large corrections towards the Dongbu Steel'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 Dongbu Steel Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dongbu Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 397.65 | |
Ir | Information ratio | 0.04 |
Dongbu Steel 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 Dongbu Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dongbu Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dongbu Steel generates negative cash flow from operations | |
| About 72.0% of the company shares are owned by insiders or employees |
Dongbu Steel 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 Dongbu Stock often depends not only on the future outlook of the current and potential Dongbu Steel'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. Dongbu Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 100 M |
Dongbu Steel Technical Analysis
Dongbu Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Dongbu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dongbu Steel Co. In general, you should focus on analyzing Dongbu Stock price patterns and their correlations with different microeconomic environments and drivers.
Dongbu Steel Predictive Forecast Models
Dongbu Steel's time-series forecasting models is one of many Dongbu Steel'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 Dongbu Steel'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 Dongbu Steel
Checking the ongoing alerts about Dongbu Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dongbu Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dongbu Steel generates negative cash flow from operations | |
| About 72.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Dongbu Stock
Dongbu Steel financial ratios help investors to determine whether Dongbu 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 Dongbu with respect to the benefits of owning Dongbu Steel security.