Keum Kang (Korea) Probability of Future Stock Price Finishing Under 4280.0
| 053260 Stock | KRW 4,295 40.00 0.94% |
Keum |
Keum Kang Target Price Odds to finish below 4280.0
The tendency of Keum 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 drop to W 4,280 or more in 90 days |
| 4,295 | 90 days | 4,280 | nearly 5.0 |
Based on a normal probability distribution, the odds of Keum Kang to drop to W 4,280 or more in 90 days from now is nearly 5.0 (This Keum Kang Steel probability density function shows the probability of Keum Stock to fall within a particular range of prices over 90 days) . Probability of Keum Kang Steel price to stay between W 4,280 and its current price of W4295.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Keum Kang Steel has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding Keum Kang are expected to decrease at a much lower rate. During a bear market, however, Keum Kang Steel is likely to outperform the market. Additionally Keum Kang Steel 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. Keum Kang Price Density |
| Price |
Predictive Modules for Keum Kang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keum Kang Steel. 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.Keum Kang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Keum Kang is not an exception. The market had few large corrections towards the Keum Kang'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 Keum Kang Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Keum Kang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 236.16 | |
Ir | Information ratio | -0.15 |
Keum Kang 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 Keum Kang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Keum Kang Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Keum Kang Steel generated a negative expected return over the last 90 days | |
| About 52.0% of the company shares are owned by insiders or employees |
Keum Kang 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 Keum Stock often depends not only on the future outlook of the current and potential Keum Kang'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. Keum Kang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.2 M | |
| Cash And Short Term Investments | 72.9 B |
Keum Kang Technical Analysis
Keum Kang's future price can be derived by breaking down and analyzing its technical indicators over time. Keum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Keum Kang Steel. In general, you should focus on analyzing Keum Stock price patterns and their correlations with different microeconomic environments and drivers.
Keum Kang Predictive Forecast Models
Keum Kang's time-series forecasting models is one of many Keum Kang'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 Keum Kang'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 Keum Kang Steel
Checking the ongoing alerts about Keum Kang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Keum Kang Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Keum Kang Steel generated a negative expected return over the last 90 days | |
| About 52.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Keum Stock
Keum Kang financial ratios help investors to determine whether Keum 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 Keum with respect to the benefits of owning Keum Kang security.