Home Center (Korea) Probability of Future Stock Price Finishing Under 710.85
| 060560 Stock | KRW 767.00 12.00 1.54% |
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Home Center Target Price Odds to finish below 710.85
The tendency of Home 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 710.85 or more in 90 days |
| 767.00 | 90 days | 710.85 | about 6.04 |
Based on a normal probability distribution, the odds of Home Center to drop to W 710.85 or more in 90 days from now is about 6.04 (This Home Center Holdings probability density function shows the probability of Home Stock to fall within a particular range of prices over 90 days) . Probability of Home Center Holdings price to stay between W 710.85 and its current price of W767.0 at the end of the 90-day period is about 8.17 .
Assuming the 90 days trading horizon Home Center has a beta of 0.0476. This suggests as returns on the market go up, Home Center average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Home Center Holdings will be expected to be much smaller as well. Additionally Home Center Holdings 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. Home Center Price Density |
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Predictive Modules for Home Center
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Home Center Holdings. 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.Home Center Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Home Center is not an exception. The market had few large corrections towards the Home Center'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 Home Center Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Home Center within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 117.20 | |
Ir | Information ratio | -0.17 |
Home Center 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 Home Center for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Home Center Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Home Center Holdings generated a negative expected return over the last 90 days | |
| Home Center Holdings has high historical volatility and very poor performance | |
| About 49.0% of the company shares are owned by insiders or employees |
Home Center 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 Home Stock often depends not only on the future outlook of the current and potential Home Center'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. Home Center's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 126.9 M | |
| Cash And Short Term Investments | 41.6 B |
Home Center Technical Analysis
Home Center's future price can be derived by breaking down and analyzing its technical indicators over time. Home Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Home Center Holdings. In general, you should focus on analyzing Home Stock price patterns and their correlations with different microeconomic environments and drivers.
Home Center Predictive Forecast Models
Home Center's time-series forecasting models is one of many Home Center'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 Home Center'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 Home Center Holdings
Checking the ongoing alerts about Home Center for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Home Center Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Home Center Holdings generated a negative expected return over the last 90 days | |
| Home Center Holdings has high historical volatility and very poor performance | |
| About 49.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Home Stock
Home Center financial ratios help investors to determine whether Home 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 Home with respect to the benefits of owning Home Center security.