Fine Besteel (Korea) Probability of Future Stock Price Finishing Over 1135.07
| 133820 Stock | 1,047 53.00 4.82% |
Fine |
Fine Besteel Target Price Odds to finish over 1135.07
The tendency of Fine 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 over 1,135 or more in 90 days |
| 1,047 | 90 days | 1,135 | near 1 |
Based on a normal probability distribution, the odds of Fine Besteel to move over 1,135 or more in 90 days from now is near 1 (This Fine Besteel Co probability density function shows the probability of Fine Stock to fall within a particular range of prices over 90 days) . Probability of Fine Besteel price to stay between its current price of 1,047 and 1,135 at the end of the 90-day period is about 7.09 .
Assuming the 90 days trading horizon Fine Besteel has a beta of 0.52. This suggests as returns on the market go up, Fine Besteel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fine Besteel Co will be expected to be much smaller as well. Additionally Fine Besteel Co has an alpha of 0.1533, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fine Besteel Price Density |
| Price |
Predictive Modules for Fine Besteel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fine Besteel. 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.Fine Besteel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fine Besteel is not an exception. The market had few large corrections towards the Fine Besteel'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 Fine Besteel Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fine Besteel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 86.40 | |
Ir | Information ratio | 0.03 |
Fine Besteel 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 Fine Besteel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fine Besteel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fine Besteel had very high historical volatility over the last 90 days |
Fine Besteel Technical Analysis
Fine Besteel's future price can be derived by breaking down and analyzing its technical indicators over time. Fine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fine Besteel Co. In general, you should focus on analyzing Fine Stock price patterns and their correlations with different microeconomic environments and drivers.
Fine Besteel Predictive Forecast Models
Fine Besteel's time-series forecasting models is one of many Fine Besteel'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 Fine Besteel'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 Fine Besteel
Checking the ongoing alerts about Fine Besteel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fine Besteel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fine Besteel had very high historical volatility over the last 90 days |
Other Information on Investing in Fine Stock
Fine Besteel financial ratios help investors to determine whether Fine 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 Fine with respect to the benefits of owning Fine Besteel security.