FNSTech Co (Korea) Probability of Future Stock Price Finishing Over 11230.0
| 083500 Stock | 7,250 400.00 5.84% |
FNSTech |
FNSTech Co Target Price Odds to finish over 11230.0
The tendency of FNSTech 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 over 11,230 or more in 90 days |
| 7,250 | 90 days | 11,230 | roughly 2.92 |
Based on a normal probability distribution, the odds of FNSTech Co to move over 11,230 or more in 90 days from now is roughly 2.92 (This FNSTech Co probability density function shows the probability of FNSTech Stock to fall within a particular range of prices over 90 days) . Probability of FNSTech Co price to stay between its current price of 7,250 and 11,230 at the end of the 90-day period is over 95.86 .
Assuming the 90 days trading horizon FNSTech Co has a beta of -0.92. This suggests Additionally FNSTech 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. FNSTech Co Price Density |
| Price |
Predictive Modules for FNSTech Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FNSTech Co. 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.FNSTech Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FNSTech Co is not an exception. The market had few large corrections towards the FNSTech Co'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 FNSTech Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FNSTech Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | -0.92 | |
σ | Overall volatility | 960.12 | |
Ir | Information ratio | -0.19 |
FNSTech Co 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 FNSTech Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FNSTech Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FNSTech Co generated a negative expected return over the last 90 days | |
| FNSTech Co has high historical volatility and very poor performance |
FNSTech Co Technical Analysis
FNSTech Co's future price can be derived by breaking down and analyzing its technical indicators over time. FNSTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FNSTech Co. In general, you should focus on analyzing FNSTech Stock price patterns and their correlations with different microeconomic environments and drivers.
FNSTech Co Predictive Forecast Models
FNSTech Co's time-series forecasting models is one of many FNSTech Co'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 FNSTech Co'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 FNSTech Co
Checking the ongoing alerts about FNSTech Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FNSTech Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FNSTech Co generated a negative expected return over the last 90 days | |
| FNSTech Co has high historical volatility and very poor performance |
Other Information on Investing in FNSTech Stock
FNSTech Co financial ratios help investors to determine whether FNSTech 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 FNSTech with respect to the benefits of owning FNSTech Co security.