Miwon Chemicals (Korea) Probability of Future Stock Price Finishing Under 76,561
| 134380 Stock | 76,700 300.00 0.39% |
Miwon |
Miwon Chemicals Target Price Odds to finish below 76,561
The tendency of Miwon 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 |
| 76,700 | 90 days | 76,700 | near 1 |
Based on a normal probability distribution, the odds of Miwon Chemicals to move below current price in 90 days from now is near 1 (This Miwon Chemicals Co probability density function shows the probability of Miwon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Miwon Chemicals has a beta of 0.0469. This suggests as returns on the market go up, Miwon Chemicals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Miwon Chemicals Co will be expected to be much smaller as well. Additionally Miwon Chemicals 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. Miwon Chemicals Price Density |
| Price |
Predictive Modules for Miwon Chemicals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Miwon Chemicals. 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.Miwon Chemicals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Miwon Chemicals is not an exception. The market had few large corrections towards the Miwon Chemicals' 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 Miwon Chemicals Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Miwon Chemicals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 868.22 | |
Ir | Information ratio | -0.26 |
Miwon Chemicals 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 Miwon Chemicals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Miwon Chemicals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Miwon Chemicals generated a negative expected return over the last 90 days |
Miwon Chemicals Technical Analysis
Miwon Chemicals' future price can be derived by breaking down and analyzing its technical indicators over time. Miwon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Miwon Chemicals Co. In general, you should focus on analyzing Miwon Stock price patterns and their correlations with different microeconomic environments and drivers.
Miwon Chemicals Predictive Forecast Models
Miwon Chemicals' time-series forecasting models is one of many Miwon Chemicals' 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 Miwon Chemicals' 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 Miwon Chemicals
Checking the ongoing alerts about Miwon Chemicals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Miwon Chemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Miwon Chemicals generated a negative expected return over the last 90 days |
Other Information on Investing in Miwon Stock
Miwon Chemicals financial ratios help investors to determine whether Miwon 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 Miwon with respect to the benefits of owning Miwon Chemicals security.