Daou Technology (Korea) Probability of Future Stock Price Finishing Under 18070.0
| 023590 Stock | 18,200 240.00 1.34% |
Daou |
Daou Technology Target Price Odds to finish below 18070.0
The tendency of Daou 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 18,070 or more in 90 days |
| 18,200 | 90 days | 18,070 | about 45.2 |
Based on a normal probability distribution, the odds of Daou Technology to drop to 18,070 or more in 90 days from now is about 45.2 (This Daou Technology probability density function shows the probability of Daou Stock to fall within a particular range of prices over 90 days) . Probability of Daou Technology price to stay between 18,070 and its current price of 18200.0 at the end of the 90-day period is about 15.55 .
Assuming the 90 days trading horizon Daou Technology has a beta of -0.0065. This suggests as returns on the benchmark increase, returns on holding Daou Technology are expected to decrease at a much lower rate. During a bear market, however, Daou Technology is likely to outperform the market. Additionally Daou Technology has an alpha of 0.0334, implying that it can generate a 0.0334 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Daou Technology Price Density |
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Predictive Modules for Daou Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daou Technology. 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.Daou Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daou Technology is not an exception. The market had few large corrections towards the Daou Technology'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 Daou Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daou Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.0065 | |
σ | Overall volatility | 329.94 | |
Ir | Information ratio | -0.11 |
Daou Technology Technical Analysis
Daou Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Daou Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daou Technology. In general, you should focus on analyzing Daou Stock price patterns and their correlations with different microeconomic environments and drivers.
Daou Technology Predictive Forecast Models
Daou Technology's time-series forecasting models is one of many Daou Technology'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 Daou Technology'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 Daou Technology 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, Daou Technology's short interest history, or implied volatility extrapolated from Daou Technology options trading.
Other Information on Investing in Daou Stock
Daou Technology financial ratios help investors to determine whether Daou 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 Daou with respect to the benefits of owning Daou Technology security.