SOOSAN INT (Korea) Probability of Future Stock Price Finishing Under 8,243
| 050960 Stock | KRW 8,590 400.00 4.45% |
SOOSAN |
SOOSAN INT Target Price Odds to finish below 8,243
The tendency of SOOSAN 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 |
| 8,590 | 90 days | 8,590 | near 1 |
Based on a normal probability distribution, the odds of SOOSAN INT to move below current price in 90 days from now is near 1 (This SOOSAN INT Co probability density function shows the probability of SOOSAN Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SOOSAN INT Co has a beta of -0.15. This suggests as returns on the benchmark increase, returns on holding SOOSAN INT are expected to decrease at a much lower rate. During a bear market, however, SOOSAN INT Co is likely to outperform the market. Additionally SOOSAN INT 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. SOOSAN INT Price Density |
| Price |
Predictive Modules for SOOSAN INT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SOOSAN INT. 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.SOOSAN INT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SOOSAN INT is not an exception. The market had few large corrections towards the SOOSAN INT'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 SOOSAN INT Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SOOSAN INT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 488.65 | |
Ir | Information ratio | -0.27 |
SOOSAN INT 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 SOOSAN INT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SOOSAN INT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SOOSAN INT generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
SOOSAN INT 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 SOOSAN Stock often depends not only on the future outlook of the current and potential SOOSAN INT'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. SOOSAN INT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.8 M | |
| Cash And Short Term Investments | 18.8 B |
SOOSAN INT Technical Analysis
SOOSAN INT's future price can be derived by breaking down and analyzing its technical indicators over time. SOOSAN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SOOSAN INT Co. In general, you should focus on analyzing SOOSAN Stock price patterns and their correlations with different microeconomic environments and drivers.
SOOSAN INT Predictive Forecast Models
SOOSAN INT's time-series forecasting models is one of many SOOSAN INT'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 SOOSAN INT'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 SOOSAN INT
Checking the ongoing alerts about SOOSAN INT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SOOSAN INT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SOOSAN INT generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SOOSAN Stock
SOOSAN INT financial ratios help investors to determine whether SOOSAN 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 SOOSAN with respect to the benefits of owning SOOSAN INT security.