Osang Healthcare (Korea) Probability of Future Stock Price Finishing Over 11315.0
| 036220 Stock | 11,660 220.00 1.92% |
Osang |
Osang Healthcare Target Price Odds to finish over 11315.0
The tendency of Osang 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 stay above 11,315 in 90 days |
| 11,660 | 90 days | 11,315 | about 87.85 |
Based on a normal probability distribution, the odds of Osang Healthcare to stay above 11,315 in 90 days from now is about 87.85 (This Osang Healthcare Co,Ltd probability density function shows the probability of Osang Stock to fall within a particular range of prices over 90 days) . Probability of Osang Healthcare Co,Ltd price to stay between 11,315 and its current price of 11660.0 at the end of the 90-day period is nearly 4.68 .
Assuming the 90 days trading horizon Osang Healthcare has a beta of 0.29. This suggests as returns on the market go up, Osang Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Osang Healthcare Co,Ltd will be expected to be much smaller as well. Additionally Osang Healthcare Co,Ltd 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. Osang Healthcare Price Density |
| Price |
Predictive Modules for Osang Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Osang Healthcare Co,Ltd. 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.Osang Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Osang Healthcare is not an exception. The market had few large corrections towards the Osang Healthcare'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 Osang Healthcare Co,Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Osang Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 1,668 | |
Ir | Information ratio | -0.38 |
Osang Healthcare 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 Osang Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Osang Healthcare Co,Ltd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Osang Healthcare generated a negative expected return over the last 90 days | |
| The company reported the revenue of 53.9 B. Net Loss for the year was (2.96 B) with profit before overhead, payroll, taxes, and interest of 19.7 B. | |
| Osang Healthcare Co,Ltd has accumulated about 9.16 B in cash with (610.27 M) of positive cash flow from operations. |
Osang Healthcare Technical Analysis
Osang Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Osang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Osang Healthcare Co,Ltd. In general, you should focus on analyzing Osang Stock price patterns and their correlations with different microeconomic environments and drivers.
Osang Healthcare Predictive Forecast Models
Osang Healthcare's time-series forecasting models is one of many Osang Healthcare'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 Osang Healthcare'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 Osang Healthcare Co,Ltd
Checking the ongoing alerts about Osang Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Osang Healthcare Co,Ltd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Osang Healthcare generated a negative expected return over the last 90 days | |
| The company reported the revenue of 53.9 B. Net Loss for the year was (2.96 B) with profit before overhead, payroll, taxes, and interest of 19.7 B. | |
| Osang Healthcare Co,Ltd has accumulated about 9.16 B in cash with (610.27 M) of positive cash flow from operations. |
Other Information on Investing in Osang Stock
Osang Healthcare financial ratios help investors to determine whether Osang 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 Osang with respect to the benefits of owning Osang Healthcare security.