Cheil Worldwide (Korea) Probability of Future Stock Price Finishing Under 15281.7
| 030000 Stock | 18,210 40.00 0.22% |
Cheil |
Cheil Worldwide Target Price Odds to finish below 15281.7
The tendency of Cheil 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 15,282 or more in 90 days |
| 18,210 | 90 days | 15,282 | near 1 |
Based on a normal probability distribution, the odds of Cheil Worldwide to drop to 15,282 or more in 90 days from now is near 1 (This Cheil Worldwide probability density function shows the probability of Cheil Stock to fall within a particular range of prices over 90 days) . Probability of Cheil Worldwide price to stay between 15,282 and its current price of 18210.0 at the end of the 90-day period is about 53.89 .
Assuming the 90 days trading horizon Cheil Worldwide has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Cheil Worldwide are expected to decrease at a much lower rate. During a bear market, however, Cheil Worldwide is likely to outperform the market. Additionally Cheil Worldwide has an alpha of 0.0442, implying that it can generate a 0.0442 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cheil Worldwide Price Density |
| Price |
Predictive Modules for Cheil Worldwide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cheil Worldwide. 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.Cheil Worldwide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cheil Worldwide is not an exception. The market had few large corrections towards the Cheil Worldwide'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 Cheil Worldwide, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cheil Worldwide within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 244.79 | |
Ir | Information ratio | -0.11 |
Cheil Worldwide 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 Cheil Worldwide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cheil Worldwide can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cheil Worldwide generated a negative expected return over the last 90 days | |
| About 28.0% of the company shares are owned by insiders or employees |
Cheil Worldwide 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 Cheil Stock often depends not only on the future outlook of the current and potential Cheil Worldwide'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. Cheil Worldwide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.3 M |
Cheil Worldwide Technical Analysis
Cheil Worldwide's future price can be derived by breaking down and analyzing its technical indicators over time. Cheil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cheil Worldwide. In general, you should focus on analyzing Cheil Stock price patterns and their correlations with different microeconomic environments and drivers.
Cheil Worldwide Predictive Forecast Models
Cheil Worldwide's time-series forecasting models is one of many Cheil Worldwide'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 Cheil Worldwide'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 Cheil Worldwide
Checking the ongoing alerts about Cheil Worldwide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cheil Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cheil Worldwide generated a negative expected return over the last 90 days | |
| About 28.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Cheil Stock
Cheil Worldwide financial ratios help investors to determine whether Cheil 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 Cheil with respect to the benefits of owning Cheil Worldwide security.