Daehan Steel (Korea) Probability of Future Stock Price Finishing Under 15,155
| 084010 Stock | 15,180 280.00 1.88% |
Daehan |
Daehan Steel Target Price Odds to finish below 15,155
The tendency of Daehan 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 |
| 15,180 | 90 days | 15,180 | roughly 97.0 |
Based on a normal probability distribution, the odds of Daehan Steel to move below current price in 90 days from now is roughly 97.0 (This Daehan Steel probability density function shows the probability of Daehan Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Daehan Steel has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding Daehan Steel are expected to decrease at a much lower rate. During a bear market, however, Daehan Steel is likely to outperform the market. Additionally Daehan Steel has an alpha of 0.4032, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Daehan Steel Price Density |
| Price |
Predictive Modules for Daehan Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daehan 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.Daehan Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daehan Steel is not an exception. The market had few large corrections towards the Daehan Steel'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 Daehan Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daehan Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 1,003 | |
Ir | Information ratio | 0.13 |
Daehan Steel 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 Daehan Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Daehan 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.| About 45.0% of the company shares are owned by insiders or employees |
Daehan Steel 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 Daehan Stock often depends not only on the future outlook of the current and potential Daehan Steel'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. Daehan Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.6 M |
Daehan Steel Technical Analysis
Daehan Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Daehan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daehan Steel. In general, you should focus on analyzing Daehan Stock price patterns and their correlations with different microeconomic environments and drivers.
Daehan Steel Predictive Forecast Models
Daehan Steel's time-series forecasting models is one of many Daehan Steel'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 Daehan Steel'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 Daehan Steel
Checking the ongoing alerts about Daehan Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Daehan Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 45.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Daehan Stock
Daehan Steel financial ratios help investors to determine whether Daehan 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 Daehan with respect to the benefits of owning Daehan Steel security.