Green Cross (Korea) Probability of Future Stock Price Finishing Over 4136.0
| 142280 Stock | KRW 3,660 85.00 2.27% |
Green |
Green Cross Target Price Odds to finish over 4136.0
The tendency of Green 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 W 4,136 or more in 90 days |
| 3,660 | 90 days | 4,136 | about 48.29 |
Based on a normal probability distribution, the odds of Green Cross to move over W 4,136 or more in 90 days from now is about 48.29 (This Green Cross Medical probability density function shows the probability of Green Stock to fall within a particular range of prices over 90 days) . Probability of Green Cross Medical price to stay between its current price of W 3,660 and W 4,136 at the end of the 90-day period is about 40.83 .
Assuming the 90 days trading horizon Green Cross Medical has a beta of -0.0833. This suggests as returns on the benchmark increase, returns on holding Green Cross are expected to decrease at a much lower rate. During a bear market, however, Green Cross Medical is likely to outperform the market. Additionally Green Cross Medical 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. Green Cross Price Density |
| Price |
Predictive Modules for Green Cross
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Green Cross Medical. 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.Green Cross Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Green Cross is not an exception. The market had few large corrections towards the Green Cross' 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 Green Cross Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Green Cross within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.6 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 372.98 | |
Ir | Information ratio | -0.28 |
Green Cross 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 Green Cross for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Green Cross Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Green Cross Medical generated a negative expected return over the last 90 days | |
| Green Cross Medical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 101.67 B. Net Loss for the year was (21.14 B) with profit before overhead, payroll, taxes, and interest of 19.78 B. | |
| Green Cross Medical has accumulated about 1.84 B in cash with (18.2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 236.44. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
Green Cross 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 Green Stock often depends not only on the future outlook of the current and potential Green Cross' 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. Green Cross' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.1 M | |
| Cash And Short Term Investments | 1.8 B |
Green Cross Technical Analysis
Green Cross' future price can be derived by breaking down and analyzing its technical indicators over time. Green Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Green Cross Medical. In general, you should focus on analyzing Green Stock price patterns and their correlations with different microeconomic environments and drivers.
Green Cross Predictive Forecast Models
Green Cross' time-series forecasting models is one of many Green Cross' 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 Green Cross' 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 Green Cross Medical
Checking the ongoing alerts about Green Cross for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Green Cross Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Green Cross Medical generated a negative expected return over the last 90 days | |
| Green Cross Medical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 101.67 B. Net Loss for the year was (21.14 B) with profit before overhead, payroll, taxes, and interest of 19.78 B. | |
| Green Cross Medical has accumulated about 1.84 B in cash with (18.2 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 236.44. | |
| Roughly 55.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Green Stock
Green Cross financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Cross security.