Sangshin Electronics (Korea) Probability of Future Stock Price Finishing Under 2901.8
| 263810 Stock | 2,920 25.00 0.86% |
Sangshin |
Sangshin Electronics Target Price Odds to finish below 2901.8
The tendency of Sangshin 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 drop to 2,902 or more in 90 days |
| 2,920 | 90 days | 2,902 | about 1.02 |
Based on a normal probability distribution, the odds of Sangshin Electronics to drop to 2,902 or more in 90 days from now is about 1.02 (This Sangshin Electronics Co probability density function shows the probability of Sangshin Stock to fall within a particular range of prices over 90 days) . Probability of Sangshin Electronics price to stay between 2,902 and its current price of 2920.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Sangshin Electronics has a beta of 0.0872. This suggests as returns on the market go up, Sangshin Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sangshin Electronics Co will be expected to be much smaller as well. Additionally Sangshin Electronics 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. Sangshin Electronics Price Density |
| Price |
Predictive Modules for Sangshin Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sangshin Electronics. 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.Sangshin Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sangshin Electronics is not an exception. The market had few large corrections towards the Sangshin Electronics' 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 Sangshin Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sangshin Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 138.30 | |
Ir | Information ratio | -0.18 |
Sangshin Electronics 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 Sangshin Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sangshin Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sangshin Electronics generated a negative expected return over the last 90 days |
Sangshin Electronics Technical Analysis
Sangshin Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Sangshin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sangshin Electronics Co. In general, you should focus on analyzing Sangshin Stock price patterns and their correlations with different microeconomic environments and drivers.
Sangshin Electronics Predictive Forecast Models
Sangshin Electronics' time-series forecasting models is one of many Sangshin Electronics' 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 Sangshin Electronics' 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 Sangshin Electronics
Checking the ongoing alerts about Sangshin Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sangshin Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sangshin Electronics generated a negative expected return over the last 90 days |
Other Information on Investing in Sangshin Stock
Sangshin Electronics financial ratios help investors to determine whether Sangshin 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 Sangshin with respect to the benefits of owning Sangshin Electronics security.