Samsung KODEX (Korea) Probability of Future Etf Price Finishing Over 6980.00
| 102960 Etf | 6,980 215.00 2.99% |
Samsung |
Samsung KODEX Target Price Odds to finish over 6980.00
The tendency of Samsung Etf 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 above the current price in 90 days |
| 6,980 | 90 days | 6,980 | about 68.12 |
Based on a normal probability distribution, the odds of Samsung KODEX to move above the current price in 90 days from now is about 68.12 (This Samsung KODEX Machinary probability density function shows the probability of Samsung Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Samsung KODEX has a beta of 0.39. This suggests as returns on the market go up, Samsung KODEX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Samsung KODEX Machinary will be expected to be much smaller as well. Additionally Samsung KODEX Machinary 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. Samsung KODEX Price Density |
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Predictive Modules for Samsung KODEX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Samsung KODEX Machinary. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 Samsung KODEX. Your research has to be compared to or analyzed against Samsung KODEX's peers to derive any actionable benefits. When done correctly, Samsung KODEX'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 Samsung KODEX Machinary.Samsung KODEX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Samsung KODEX is not an exception. The market had few large corrections towards the Samsung KODEX'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 Samsung KODEX Machinary, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Samsung KODEX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 237.05 | |
Ir | Information ratio | -0.07 |
Samsung KODEX Technical Analysis
Samsung KODEX's future price can be derived by breaking down and analyzing its technical indicators over time. Samsung Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Samsung KODEX Machinary. In general, you should focus on analyzing Samsung Etf price patterns and their correlations with different microeconomic environments and drivers.
Samsung KODEX Predictive Forecast Models
Samsung KODEX's time-series forecasting models is one of many Samsung KODEX's etf 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 Samsung KODEX'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 etf market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Samsung KODEX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Samsung KODEX's short interest history, or implied volatility extrapolated from Samsung KODEX options trading.