ED Co (Korea) Chance of Future Stock Price Finishing Under 30,320
| 101360 Stock | 23,900 500.00 2.14% |
101360 |
ED Co Target Price Odds to finish below 30,320
The tendency of 101360 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 |
| 23,900 | 90 days | 23,900 | nearly 4.3 |
Based on a normal probability distribution, the odds of ED Co to move below current price in 90 days from now is nearly 4.3 (This ED Co probability density function shows the probability of 101360 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ED Co has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding ED Co are expected to decrease at a much lower rate. During a bear market, however, ED Co is likely to outperform the market. Additionally ED 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. ED Co Price Density |
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Predictive Modules for ED 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 ED 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as ED Co. Your research has to be compared to or analyzed against ED Co's peers to derive any actionable benefits. When done correctly, ED Co'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 ED Co.ED Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ED Co is not an exception. The market had few large corrections towards the ED 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 ED Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ED Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 6,719 | |
Ir | Information ratio | -0.12 |
ED 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 ED Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ED 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.| ED Co generated a negative expected return over the last 90 days | |
| ED Co has high historical volatility and very poor performance |
ED Co Technical Analysis
ED Co's future price can be derived by breaking down and analyzing its technical indicators over time. 101360 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ED Co. In general, you should focus on analyzing 101360 Stock price patterns and their correlations with different microeconomic environments and drivers.
ED Co Predictive Forecast Models
ED Co's time-series forecasting models is one of many ED 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 ED 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 ED Co
Checking the ongoing alerts about ED Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ED Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ED Co generated a negative expected return over the last 90 days | |
| ED Co has high historical volatility and very poor performance |