COWAY (Korea) Chance of Future Stock Price Finishing Over 62800.00
| 021240 Stock | 62,800 200.00 0.32% |
COWAY |
COWAY Target Price Odds to finish over 62800.00
The tendency of COWAY 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 |
| 62,800 | 90 days | 62,800 | about 85.05 |
Based on a normal probability distribution, the odds of COWAY to move above the current price in 90 days from now is about 85.05 (This COWAY Co probability density function shows the probability of COWAY Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon COWAY Co has a beta of -0.11. This suggests as returns on the benchmark increase, returns on holding COWAY are expected to decrease at a much lower rate. During a bear market, however, COWAY Co is likely to outperform the market. Additionally COWAY Co has an alpha of 0.0696, implying that it can generate a 0.0696 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). COWAY Price Density |
| Price |
Predictive Modules for COWAY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COWAY. 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.COWAY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COWAY is not an exception. The market had few large corrections towards the COWAY'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 COWAY Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COWAY within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 2,238 | |
Ir | Information ratio | -0.03 |
COWAY 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 COWAY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COWAY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| COWAY generated a negative expected return over the last 90 days | |
| About 55.0% of the company shares are owned by institutions such as pension funds |
COWAY 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 COWAY Stock often depends not only on the future outlook of the current and potential COWAY'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. COWAY's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.6 M |
COWAY Technical Analysis
COWAY's future price can be derived by breaking down and analyzing its technical indicators over time. COWAY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COWAY Co. In general, you should focus on analyzing COWAY Stock price patterns and their correlations with different microeconomic environments and drivers.
COWAY Predictive Forecast Models
COWAY's time-series forecasting models is one of many COWAY'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 COWAY'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 COWAY
Checking the ongoing alerts about COWAY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COWAY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COWAY generated a negative expected return over the last 90 days | |
| About 55.0% of the company shares are owned by institutions such as pension funds |
Other Information on Investing in COWAY Stock
COWAY financial ratios help investors to determine whether COWAY 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 COWAY with respect to the benefits of owning COWAY security.