Aprogen Healthcare (Korea) Probability of Future Stock Price Finishing Under 515.0
| 109960 Stock | KRW 458.00 5.00 1.08% |
Aprogen |
Aprogen Healthcare Target Price Odds to finish below 515.0
The tendency of Aprogen 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 stay under W 515.00 after 90 days |
| 458.00 | 90 days | 515.00 | about 21.94 |
Based on a normal probability distribution, the odds of Aprogen Healthcare to stay under W 515.00 after 90 days from now is about 21.94 (This Aprogen Healthcare Games probability density function shows the probability of Aprogen Stock to fall within a particular range of prices over 90 days) . Probability of Aprogen Healthcare Games price to stay between its current price of W 458.00 and W 515.00 at the end of the 90-day period is about 15.7 .
Assuming the 90 days trading horizon Aprogen Healthcare has a beta of 0.31. This suggests as returns on the market go up, Aprogen Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aprogen Healthcare Games will be expected to be much smaller as well. Additionally Aprogen Healthcare Games 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. Aprogen Healthcare Price Density |
| Price |
Predictive Modules for Aprogen Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aprogen Healthcare Games. 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.Aprogen Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aprogen Healthcare is not an exception. The market had few large corrections towards the Aprogen Healthcare'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 Aprogen Healthcare Games, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aprogen Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.64 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 75.32 | |
Ir | Information ratio | -0.2 |
Aprogen Healthcare 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 Aprogen Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aprogen Healthcare Games can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aprogen Healthcare generated a negative expected return over the last 90 days | |
| Aprogen Healthcare has high historical volatility and very poor performance | |
| Aprogen Healthcare Games has accumulated about 11.53 B in cash with (13.29 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 175.12. | |
| Roughly 60.0% of the company shares are owned by insiders or employees |
Aprogen Healthcare 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 Aprogen Stock often depends not only on the future outlook of the current and potential Aprogen Healthcare'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. Aprogen Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 178.5 M | |
| Cash And Short Term Investments | 56.4 B | |
| Shares Float | 71.9 M |
Aprogen Healthcare Technical Analysis
Aprogen Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Aprogen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aprogen Healthcare Games. In general, you should focus on analyzing Aprogen Stock price patterns and their correlations with different microeconomic environments and drivers.
Aprogen Healthcare Predictive Forecast Models
Aprogen Healthcare's time-series forecasting models is one of many Aprogen Healthcare'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 Aprogen Healthcare'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 Aprogen Healthcare Games
Checking the ongoing alerts about Aprogen Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aprogen Healthcare Games help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aprogen Healthcare generated a negative expected return over the last 90 days | |
| Aprogen Healthcare has high historical volatility and very poor performance | |
| Aprogen Healthcare Games has accumulated about 11.53 B in cash with (13.29 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 175.12. | |
| Roughly 60.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Aprogen Stock
Aprogen Healthcare financial ratios help investors to determine whether Aprogen 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 Aprogen with respect to the benefits of owning Aprogen Healthcare security.