Eugene Technology (Korea) Probability of Future Stock Price Finishing Under 49,041

084370 Stock  KRW 33,950  250.00  0.74%   
Eugene Technology's future price is the expected price of Eugene Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Eugene Technology CoLtd performance during a given time horizon utilizing its historical volatility. Check out Eugene Technology Backtesting, Eugene Technology Valuation, Eugene Technology Correlation, Eugene Technology Hype Analysis, Eugene Technology Volatility, Eugene Technology History as well as Eugene Technology Performance.
  
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Eugene Technology Target Price Odds to finish below 49,041

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 PriceHorizonTarget PriceOdds to move below current price in 90 days
 33,950 90 days 33,950 
about 10.09
Based on a normal probability distribution, the odds of Eugene Technology to move below current price in 90 days from now is about 10.09 (This Eugene Technology CoLtd probability density function shows the probability of Eugene Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Eugene Technology has a beta of 0.85. This suggests Eugene Technology CoLtd market returns are sensitive to returns on the market. As the market goes up or down, Eugene Technology is expected to follow. 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.
Hype
Prediction
LowEstimatedHigh
33,94733,95033,953
Details
Intrinsic
Valuation
LowRealHigh
31,57131,57337,345
Details
Naive
Forecast
LowNextHigh
34,89634,89934,902
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31,96734,57937,190
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eugene Technology. Your research has to be compared to or analyzed against Eugene Technology's peers to derive any actionable benefits. When done correctly, Eugene Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eugene Technology CoLtd.

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
-0.24
β
Beta against Dow Jones0.85
σ
Overall volatility
1,768
Ir
Information ratio -0.08

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
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 Outstanding22.4 M
Cash And Short Term Investments139.8 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
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.