Ajusteel (Korea) Odds of Future Stock Price Finishing Under 5140.0
| 139990 Stock | 4,210 140.00 3.22% |
Ajusteel |
Ajusteel Target Price Odds to finish below 5140.0
The tendency of Ajusteel 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 5,140 after 90 days |
| 4,210 | 90 days | 5,140 | about 60.38 |
Based on a normal probability distribution, the odds of Ajusteel to stay under 5,140 after 90 days from now is about 60.38 (This Ajusteel Co probability density function shows the probability of Ajusteel Stock to fall within a particular range of prices over 90 days) . Probability of Ajusteel price to stay between its current price of 4,210 and 5,140 at the end of the 90-day period is about 60.28 .
Assuming the 90 days trading horizon Ajusteel has a beta of 0.45. This suggests as returns on the market go up, Ajusteel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ajusteel Co will be expected to be much smaller as well. Additionally Ajusteel 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. Ajusteel Price Density |
| Price |
Predictive Modules for Ajusteel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ajusteel. 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.Ajusteel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ajusteel is not an exception. The market had few large corrections towards the Ajusteel'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 Ajusteel Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ajusteel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.49 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 307.27 | |
Ir | Information ratio | -0.35 |
Ajusteel 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 Ajusteel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ajusteel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ajusteel generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are owned by insiders or employees |
Ajusteel 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 Ajusteel Stock often depends not only on the future outlook of the current and potential Ajusteel'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. Ajusteel's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 8.5 M |
Ajusteel Technical Analysis
Ajusteel's future price can be derived by breaking down and analyzing its technical indicators over time. Ajusteel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ajusteel Co. In general, you should focus on analyzing Ajusteel Stock price patterns and their correlations with different microeconomic environments and drivers.
Ajusteel Predictive Forecast Models
Ajusteel's time-series forecasting models is one of many Ajusteel'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 Ajusteel'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 Ajusteel
Checking the ongoing alerts about Ajusteel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ajusteel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ajusteel generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Ajusteel Stock
Ajusteel financial ratios help investors to determine whether Ajusteel 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 Ajusteel with respect to the benefits of owning Ajusteel security.