Iljin HySolus (Korea) Probability of Future Stock Price Finishing Under 19,222
| 271940 Stock | 18,390 880.00 4.57% |
Iljin |
Iljin HySolus Target Price Odds to finish below 19,222
The tendency of Iljin 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 |
| 18,390 | 90 days | 18,390 | about 6.56 |
Based on a normal probability distribution, the odds of Iljin HySolus to move below current price in 90 days from now is about 6.56 (This Iljin HySolus Co probability density function shows the probability of Iljin Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Iljin HySolus Co has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Iljin HySolus are expected to decrease at a much lower rate. During a bear market, however, Iljin HySolus Co is likely to outperform the market. Additionally Iljin HySolus 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. Iljin HySolus Price Density |
| Price |
Predictive Modules for Iljin HySolus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iljin HySolus. 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.Iljin HySolus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iljin HySolus is not an exception. The market had few large corrections towards the Iljin HySolus' 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 Iljin HySolus Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iljin HySolus within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 1,238 | |
Ir | Information ratio | -0.13 |
Iljin HySolus 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 Iljin HySolus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iljin HySolus can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iljin HySolus generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are owned by insiders or employees |
Iljin HySolus Technical Analysis
Iljin HySolus' future price can be derived by breaking down and analyzing its technical indicators over time. Iljin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iljin HySolus Co. In general, you should focus on analyzing Iljin Stock price patterns and their correlations with different microeconomic environments and drivers.
Iljin HySolus Predictive Forecast Models
Iljin HySolus' time-series forecasting models is one of many Iljin HySolus' 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 Iljin HySolus' 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 Iljin HySolus
Checking the ongoing alerts about Iljin HySolus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iljin HySolus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iljin HySolus generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Iljin Stock
Iljin HySolus financial ratios help investors to determine whether Iljin 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 Iljin with respect to the benefits of owning Iljin HySolus security.