Cube Entertainment (Korea) Probability of Future Stock Price Finishing Over 14721.3
| 182360 Stock | KRW 14,900 30.00 0.20% |
Cube |
Cube Entertainment Target Price Odds to finish over 14721.3
The tendency of Cube 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 above W 14,721 in 90 days |
| 14,900 | 90 days | 14,721 | about 13.93 |
Based on a normal probability distribution, the odds of Cube Entertainment to stay above W 14,721 in 90 days from now is about 13.93 (This Cube Entertainment probability density function shows the probability of Cube Stock to fall within a particular range of prices over 90 days) . Probability of Cube Entertainment price to stay between W 14,721 and its current price of W14900.0 at the end of the 90-day period is nearly 4.86 .
Assuming the 90 days trading horizon Cube Entertainment has a beta of 0.78. This suggests as returns on the market go up, Cube Entertainment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cube Entertainment will be expected to be much smaller as well. Additionally Cube Entertainment has an alpha of 0.149, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cube Entertainment Price Density |
| Price |
Predictive Modules for Cube Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cube Entertainment. 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.Cube Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cube Entertainment is not an exception. The market had few large corrections towards the Cube Entertainment'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 Cube Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cube Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 707.02 | |
Ir | Information ratio | 0.04 |
Cube Entertainment 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 Cube Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cube Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 71.94 B. Net Loss for the year was (2.86 B) with profit before overhead, payroll, taxes, and interest of 8.44 B. | |
| About 97.0% of the company shares are owned by insiders or employees |
Cube Entertainment 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 Cube Stock often depends not only on the future outlook of the current and potential Cube Entertainment'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. Cube Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.8 M | |
| Cash And Short Term Investments | 13.3 B |
Cube Entertainment Technical Analysis
Cube Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Cube Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cube Entertainment. In general, you should focus on analyzing Cube Stock price patterns and their correlations with different microeconomic environments and drivers.
Cube Entertainment Predictive Forecast Models
Cube Entertainment's time-series forecasting models is one of many Cube Entertainment'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 Cube Entertainment'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 Cube Entertainment
Checking the ongoing alerts about Cube Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cube Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 71.94 B. Net Loss for the year was (2.86 B) with profit before overhead, payroll, taxes, and interest of 8.44 B. | |
| About 97.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Cube Stock
Cube Entertainment financial ratios help investors to determine whether Cube 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 Cube with respect to the benefits of owning Cube Entertainment security.