Eugene Technology (Korea) Probability of Future Stock Price Finishing Under 32434.5
| 084370 Stock | KRW 35,200 1,200 3.30% |
Eugene |
Eugene Technology Target Price Odds to finish below 32434.5
The tendency of Eugene 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 32,434 or more in 90 days |
| 35,200 | 90 days | 32,434 | about 9.43 |
Based on a normal probability distribution, the odds of Eugene Technology to drop to W 32,434 or more in 90 days from now is about 9.43 (This Eugene Technology CoLtd probability density function shows the probability of Eugene Stock to fall within a particular range of prices over 90 days) . Probability of Eugene Technology CoLtd price to stay between W 32,434 and its current price of W35200.0 at the end of the 90-day period is about 13.85 .
Assuming the 90 days trading horizon Eugene Technology CoLtd has a beta of -0.0602. This suggests as returns on the benchmark increase, returns on holding Eugene Technology are expected to decrease at a much lower rate. During a bear market, however, Eugene Technology CoLtd is likely to outperform the market. Additionally Eugene Technology CoLtd 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. Eugene Technology Price Density |
| Price |
Predictive Modules for Eugene Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eugene Technology CoLtd. 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.Eugene Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eugene Technology is not an exception. The market had few large corrections towards the Eugene Technology'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 Eugene Technology CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eugene Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 4,739 | |
Ir | Information ratio | -0.18 |
Eugene Technology 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 Eugene Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eugene Technology CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eugene Technology generated a negative expected return over the last 90 days | |
| Eugene Technology has high historical volatility and very poor performance | |
| About 37.0% of the company shares are owned by insiders or employees |
Eugene Technology 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 Eugene Stock often depends not only on the future outlook of the current and potential Eugene Technology'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. Eugene Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.4 M | |
| Cash And Short Term Investments | 139.8 B |
Eugene Technology Technical Analysis
Eugene Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Eugene Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eugene Technology CoLtd. In general, you should focus on analyzing Eugene Stock price patterns and their correlations with different microeconomic environments and drivers.
Eugene Technology Predictive Forecast Models
Eugene Technology's time-series forecasting models is one of many Eugene Technology'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 Eugene Technology'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 Eugene Technology CoLtd
Checking the ongoing alerts about Eugene Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eugene Technology CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eugene Technology generated a negative expected return over the last 90 days | |
| Eugene Technology has high historical volatility and very poor performance | |
| About 37.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Eugene Stock
Eugene Technology financial ratios help investors to determine whether Eugene 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 Eugene with respect to the benefits of owning Eugene Technology security.