HJ ShipBuilding (Korea) Probability of Future Stock Price Finishing Under 4165.9
| 097230 Stock | 4,555 75.00 1.67% |
097230 |
HJ ShipBuilding Target Price Odds to finish below 4165.9
The tendency of 097230 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 4,166 or more in 90 days |
| 4,555 | 90 days | 4,166 | close to 99 |
Based on a normal probability distribution, the odds of HJ ShipBuilding to drop to 4,166 or more in 90 days from now is close to 99 (This HJ ShipBuilding Construction probability density function shows the probability of 097230 Stock to fall within a particular range of prices over 90 days) . Probability of HJ ShipBuilding Cons price to stay between 4,166 and its current price of 4555.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.58 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HJ ShipBuilding will likely underperform. Additionally HJ ShipBuilding Construction has an alpha of 0.5582, implying that it can generate a 0.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HJ ShipBuilding Price Density |
| Price |
Predictive Modules for HJ ShipBuilding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HJ ShipBuilding Cons. 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.HJ ShipBuilding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HJ ShipBuilding is not an exception. The market had few large corrections towards the HJ ShipBuilding'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 HJ ShipBuilding Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HJ ShipBuilding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.56 | |
β | Beta against Dow Jones | 1.58 | |
σ | Overall volatility | 550.73 | |
Ir | Information ratio | 0.14 |
HJ ShipBuilding 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 HJ ShipBuilding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HJ ShipBuilding Cons can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HJ ShipBuilding Cons appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.71 T. Net Loss for the year was (139.83 B) with loss before overhead, payroll, taxes, and interest of (20.53 B). | |
| HJ ShipBuilding generates negative cash flow from operations | |
| About 67.0% of the company shares are owned by insiders or employees |
HJ ShipBuilding 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 097230 Stock often depends not only on the future outlook of the current and potential HJ ShipBuilding'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. HJ ShipBuilding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.3 M |
HJ ShipBuilding Technical Analysis
HJ ShipBuilding's future price can be derived by breaking down and analyzing its technical indicators over time. 097230 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HJ ShipBuilding Construction. In general, you should focus on analyzing 097230 Stock price patterns and their correlations with different microeconomic environments and drivers.
HJ ShipBuilding Predictive Forecast Models
HJ ShipBuilding's time-series forecasting models is one of many HJ ShipBuilding'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 HJ ShipBuilding'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 HJ ShipBuilding Cons
Checking the ongoing alerts about HJ ShipBuilding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HJ ShipBuilding Cons help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HJ ShipBuilding Cons appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.71 T. Net Loss for the year was (139.83 B) with loss before overhead, payroll, taxes, and interest of (20.53 B). | |
| HJ ShipBuilding generates negative cash flow from operations | |
| About 67.0% of the company shares are owned by insiders or employees |
Other Information on Investing in 097230 Stock
HJ ShipBuilding financial ratios help investors to determine whether 097230 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 097230 with respect to the benefits of owning HJ ShipBuilding security.