PC Direct (Korea) Probability of Future Stock Price Finishing Under 2,546
| 051380 Stock | KRW 2,525 10.00 0.39% |
051380 |
PC Direct Target Price Odds to finish below 2,546
The tendency of 051380 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 |
| 2,525 | 90 days | 2,525 | about 44.01 |
Based on a normal probability distribution, the odds of PC Direct to move below current price in 90 days from now is about 44.01 (This PC Direct probability density function shows the probability of 051380 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon PC Direct has a beta of -1.13. This suggests Additionally PC Direct has an alpha of 0.2419, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PC Direct Price Density |
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Predictive Modules for PC Direct
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PC Direct. 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.PC Direct Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PC Direct is not an exception. The market had few large corrections towards the PC Direct'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 PC Direct, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PC Direct within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | -1.13 | |
σ | Overall volatility | 155.22 | |
Ir | Information ratio | -0.0004 |
PC Direct 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 PC Direct for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PC Direct can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PC Direct had very high historical volatility over the last 90 days | |
| PC Direct has accumulated about 3.59 B in cash with (4.69 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 513.05. |
PC Direct Technical Analysis
PC Direct's future price can be derived by breaking down and analyzing its technical indicators over time. 051380 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PC Direct. In general, you should focus on analyzing 051380 Stock price patterns and their correlations with different microeconomic environments and drivers.
PC Direct Predictive Forecast Models
PC Direct's time-series forecasting models is one of many PC Direct'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 PC Direct'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 PC Direct
Checking the ongoing alerts about PC Direct for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PC Direct help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PC Direct had very high historical volatility over the last 90 days | |
| PC Direct has accumulated about 3.59 B in cash with (4.69 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 513.05. |
Other Information on Investing in 051380 Stock
PC Direct financial ratios help investors to determine whether 051380 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 051380 with respect to the benefits of owning PC Direct security.