Cosmax (Korea) Chance of Future Stock Price Finishing Under 133,707
| 192820 Stock | 133,000 4,000 2.92% |
Cosmax |
Cosmax Target Price Odds to finish below 133,707
The tendency of Cosmax 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 |
| 133,000 | 90 days | 133,000 | about 46.28 |
Based on a normal probability distribution, the odds of Cosmax to move below current price in 90 days from now is about 46.28 (This Cosmax Inc probability density function shows the probability of Cosmax Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cosmax Inc has a beta of -0.26. This suggests as returns on the benchmark increase, returns on holding Cosmax are expected to decrease at a much lower rate. During a bear market, however, Cosmax Inc is likely to outperform the market. Additionally Cosmax Inc has an alpha of 0.137, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cosmax Price Density |
| Price |
Predictive Modules for Cosmax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cosmax Inc. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cosmax. Your research has to be compared to or analyzed against Cosmax's peers to derive any actionable benefits. When done correctly, Cosmax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cosmax Inc.Cosmax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cosmax is not an exception. The market had few large corrections towards the Cosmax'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 Cosmax Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cosmax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 10,503 | |
Ir | Information ratio | -0.0026 |
Cosmax 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 Cosmax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cosmax Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cosmax Inc had very high historical volatility over the last 90 days |
Cosmax Technical Analysis
Cosmax's future price can be derived by breaking down and analyzing its technical indicators over time. Cosmax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cosmax Inc. In general, you should focus on analyzing Cosmax Stock price patterns and their correlations with different microeconomic environments and drivers.
Cosmax Predictive Forecast Models
Cosmax's time-series forecasting models is one of many Cosmax'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 Cosmax'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 Cosmax Inc
Checking the ongoing alerts about Cosmax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cosmax Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cosmax Inc had very high historical volatility over the last 90 days |