TR Biofab (Korea) Probability of Future Stock Price Finishing Under 5920.0
| 246710 Stock | KRW 5,890 30.00 0.51% |
246710 |
TR Biofab Target Price Odds to finish below 5920.0
The tendency of 246710 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 W 5,920 after 90 days |
| 5,890 | 90 days | 5,920 | about 12.35 |
Based on a normal probability distribution, the odds of TR Biofab to stay under W 5,920 after 90 days from now is about 12.35 (This TR Biofab Co probability density function shows the probability of 246710 Stock to fall within a particular range of prices over 90 days) . Probability of TR Biofab price to stay between its current price of W 5,890 and W 5,920 at the end of the 90-day period is about 1.08 .
Assuming the 90 days trading horizon TR Biofab Co has a beta of -0.39. This suggests as returns on the benchmark increase, returns on holding TR Biofab are expected to decrease at a much lower rate. During a bear market, however, TR Biofab Co is likely to outperform the market. Additionally TR Biofab 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. TR Biofab Price Density |
| Price |
Predictive Modules for TR Biofab
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TR Biofab. 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.TR Biofab Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TR Biofab is not an exception. The market had few large corrections towards the TR Biofab'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 TR Biofab Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TR Biofab within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 551.01 | |
Ir | Information ratio | -0.08 |
TR Biofab 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 TR Biofab for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TR Biofab can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TR Biofab generated a negative expected return over the last 90 days | |
| TR Biofab has high historical volatility and very poor performance | |
| The company reported the revenue of 3.23 B. Net Loss for the year was (11.08 B) with profit before overhead, payroll, taxes, and interest of 2.64 B. | |
| TR Biofab Co has accumulated about 23.66 B in cash with (7.56 B) of positive cash flow from operations. | |
| Roughly 32.0% of the company shares are owned by insiders or employees |
TR Biofab 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 246710 Stock often depends not only on the future outlook of the current and potential TR Biofab'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. TR Biofab's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.7 M | |
| Cash And Short Term Investments | 58.2 B | |
| Shares Float | 5 M |
TR Biofab Technical Analysis
TR Biofab's future price can be derived by breaking down and analyzing its technical indicators over time. 246710 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TR Biofab Co. In general, you should focus on analyzing 246710 Stock price patterns and their correlations with different microeconomic environments and drivers.
TR Biofab Predictive Forecast Models
TR Biofab's time-series forecasting models is one of many TR Biofab'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 TR Biofab'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 TR Biofab
Checking the ongoing alerts about TR Biofab for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TR Biofab help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TR Biofab generated a negative expected return over the last 90 days | |
| TR Biofab has high historical volatility and very poor performance | |
| The company reported the revenue of 3.23 B. Net Loss for the year was (11.08 B) with profit before overhead, payroll, taxes, and interest of 2.64 B. | |
| TR Biofab Co has accumulated about 23.66 B in cash with (7.56 B) of positive cash flow from operations. | |
| Roughly 32.0% of the company shares are owned by insiders or employees |
Other Information on Investing in 246710 Stock
TR Biofab financial ratios help investors to determine whether 246710 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 246710 with respect to the benefits of owning TR Biofab security.