Kbi Metal (Korea) Probability of Future Stock Price Finishing Over 2,194
| 024840 Stock | KRW 2,265 115.00 5.35% |
Kbi |
Kbi Metal Target Price Odds to finish over 2,194
The tendency of Kbi 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 |
| 2,265 | 90 days | 2,265 | roughly 96.0 |
Based on a normal probability distribution, the odds of Kbi Metal to move above the current price in 90 days from now is roughly 96.0 (This Kbi Metal Co probability density function shows the probability of Kbi Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kbi Metal Co has a beta of -0.66. This suggests as returns on the benchmark increase, returns on holding Kbi Metal are expected to decrease at a much lower rate. During a bear market, however, Kbi Metal Co is likely to outperform the market. Additionally Kbi Metal Co 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. Kbi Metal Price Density |
| Price |
Predictive Modules for Kbi Metal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kbi Metal. 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.Kbi Metal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kbi Metal is not an exception. The market had few large corrections towards the Kbi Metal'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 Kbi Metal Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kbi Metal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | -0.66 | |
σ | Overall volatility | 315.23 | |
Ir | Information ratio | -0.15 |
Kbi Metal 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 Kbi Metal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kbi Metal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kbi Metal generated a negative expected return over the last 90 days | |
| Kbi Metal has high historical volatility and very poor performance | |
| The company reported the revenue of 683.02 B. Net Loss for the year was (715.93 M) with profit before overhead, payroll, taxes, and interest of 20.11 B. | |
| Kbi Metal Co has accumulated about 12.8 B in cash with (19.2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 152.28. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
Kbi Metal 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 Kbi Stock often depends not only on the future outlook of the current and potential Kbi Metal'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. Kbi Metal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.9 M | |
| Cash And Short Term Investments | 30.1 B |
Kbi Metal Technical Analysis
Kbi Metal's future price can be derived by breaking down and analyzing its technical indicators over time. Kbi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kbi Metal Co. In general, you should focus on analyzing Kbi Stock price patterns and their correlations with different microeconomic environments and drivers.
Kbi Metal Predictive Forecast Models
Kbi Metal's time-series forecasting models is one of many Kbi Metal'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 Kbi Metal'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 Kbi Metal
Checking the ongoing alerts about Kbi Metal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kbi Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kbi Metal generated a negative expected return over the last 90 days | |
| Kbi Metal has high historical volatility and very poor performance | |
| The company reported the revenue of 683.02 B. Net Loss for the year was (715.93 M) with profit before overhead, payroll, taxes, and interest of 20.11 B. | |
| Kbi Metal Co has accumulated about 12.8 B in cash with (19.2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 152.28. | |
| Roughly 33.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Kbi Stock
Kbi Metal financial ratios help investors to determine whether Kbi 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 Kbi with respect to the benefits of owning Kbi Metal security.