Genie Music (Korea) Probability of Future Stock Price Finishing Under 1,898
| 043610 Stock | KRW 2,120 70.00 3.20% |
Genie |
Genie Music Target Price Odds to finish below 1,898
The tendency of Genie 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 below current price in 90 days |
| 2,120 | 90 days | 2,120 | about 8.21 |
Based on a normal probability distribution, the odds of Genie Music to move below current price in 90 days from now is about 8.21 (This Genie Music probability density function shows the probability of Genie Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Genie Music has a beta of -0.33. This suggests as returns on the benchmark increase, returns on holding Genie Music are expected to decrease at a much lower rate. During a bear market, however, Genie Music is likely to outperform the market. Additionally Genie Music 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. Genie Music Price Density |
| Price |
Predictive Modules for Genie Music
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genie Music. 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.Genie Music Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genie Music is not an exception. The market had few large corrections towards the Genie Music'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 Genie Music, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genie Music within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 151.28 | |
Ir | Information ratio | -0.06 |
Genie Music 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 Genie Music for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genie Music can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Genie Music generated a negative expected return over the last 90 days | |
| Genie Music has high historical volatility and very poor performance | |
| The company reported the revenue of 252.01 B. Net Loss for the year was (4.89 B) with profit before overhead, payroll, taxes, and interest of 50.51 B. | |
| About 64.0% of the company shares are owned by insiders or employees |
Genie Music 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 Genie Stock often depends not only on the future outlook of the current and potential Genie Music'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. Genie Music's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.7 M | |
| Cash And Short Term Investments | 75.3 B |
Genie Music Technical Analysis
Genie Music's future price can be derived by breaking down and analyzing its technical indicators over time. Genie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genie Music. In general, you should focus on analyzing Genie Stock price patterns and their correlations with different microeconomic environments and drivers.
Genie Music Predictive Forecast Models
Genie Music's time-series forecasting models is one of many Genie Music'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 Genie Music'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 Genie Music
Checking the ongoing alerts about Genie Music for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genie Music help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genie Music generated a negative expected return over the last 90 days | |
| Genie Music has high historical volatility and very poor performance | |
| The company reported the revenue of 252.01 B. Net Loss for the year was (4.89 B) with profit before overhead, payroll, taxes, and interest of 50.51 B. | |
| About 64.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Genie Stock
Genie Music financial ratios help investors to determine whether Genie 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 Genie with respect to the benefits of owning Genie Music security.