Nara Mold (Korea) Probability of Future Stock Price Finishing Under 4,236
| 051490 Stock | KRW 3,930 155.00 3.79% |
Nara |
Nara Mold Target Price Odds to finish below 4,236
The tendency of Nara 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 |
| 3,930 | 90 days | 3,930 | near 1 |
Based on a normal probability distribution, the odds of Nara Mold to move below current price in 90 days from now is near 1 (This Nara Mold Die probability density function shows the probability of Nara Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Nara Mold has a beta of 0.49. This suggests as returns on the market go up, Nara Mold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nara Mold Die will be expected to be much smaller as well. Additionally Nara Mold Die 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. Nara Mold Price Density |
| Price |
Predictive Modules for Nara Mold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nara Mold Die. 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.Nara Mold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nara Mold is not an exception. The market had few large corrections towards the Nara Mold'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 Nara Mold Die, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nara Mold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 308.05 | |
Ir | Information ratio | -0.06 |
Nara Mold 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 Nara Mold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nara Mold Die can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nara Mold Die generated a negative expected return over the last 90 days | |
| Nara Mold Die has high historical volatility and very poor performance | |
| About 28.0% of the company shares are owned by insiders or employees |
Nara Mold 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 Nara Stock often depends not only on the future outlook of the current and potential Nara Mold'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. Nara Mold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.8 M | |
| Cash And Short Term Investments | 15.8 B |
Nara Mold Technical Analysis
Nara Mold's future price can be derived by breaking down and analyzing its technical indicators over time. Nara Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nara Mold Die. In general, you should focus on analyzing Nara Stock price patterns and their correlations with different microeconomic environments and drivers.
Nara Mold Predictive Forecast Models
Nara Mold's time-series forecasting models is one of many Nara Mold'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 Nara Mold'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 Nara Mold Die
Checking the ongoing alerts about Nara Mold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nara Mold Die help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nara Mold Die generated a negative expected return over the last 90 days | |
| Nara Mold Die has high historical volatility and very poor performance | |
| About 28.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Nara Stock
Nara Mold financial ratios help investors to determine whether Nara 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 Nara with respect to the benefits of owning Nara Mold security.