LAKE MATERIALS (Korea) Probability of Future Stock Price Finishing Under 12850.0
| 281740 Stock | KRW 12,690 160.00 1.28% |
LAKE |
LAKE MATERIALS Target Price Odds to finish below 12850.0
The tendency of LAKE 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 12,850 after 90 days |
| 12,690 | 90 days | 12,850 | about 9.57 |
Based on a normal probability distribution, the odds of LAKE MATERIALS to stay under W 12,850 after 90 days from now is about 9.57 (This LAKE MATERIALS LTD probability density function shows the probability of LAKE Stock to fall within a particular range of prices over 90 days) . Probability of LAKE MATERIALS LTD price to stay between its current price of W 12,690 and W 12,850 at the end of the 90-day period is about 1.28 .
Assuming the 90 days trading horizon LAKE MATERIALS LTD has a beta of -0.63. This suggests as returns on the benchmark increase, returns on holding LAKE MATERIALS are expected to decrease at a much lower rate. During a bear market, however, LAKE MATERIALS LTD is likely to outperform the market. Additionally LAKE MATERIALS LTD 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. LAKE MATERIALS Price Density |
| Price |
Predictive Modules for LAKE MATERIALS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LAKE MATERIALS LTD. 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.LAKE MATERIALS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LAKE MATERIALS is not an exception. The market had few large corrections towards the LAKE MATERIALS'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 LAKE MATERIALS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LAKE MATERIALS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 2,019 | |
Ir | Information ratio | -0.15 |
LAKE MATERIALS 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 LAKE MATERIALS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LAKE MATERIALS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LAKE MATERIALS LTD generated a negative expected return over the last 90 days | |
| LAKE MATERIALS LTD has high historical volatility and very poor performance | |
| About 44.0% of the company shares are owned by insiders or employees |
LAKE MATERIALS 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 LAKE Stock often depends not only on the future outlook of the current and potential LAKE MATERIALS'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. LAKE MATERIALS's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 33.1M | |
| Average Daily Volume Last 10 Day | 14.01k | |
| Average Daily Volume In Three Month | 14.91k |
LAKE MATERIALS Technical Analysis
LAKE MATERIALS's future price can be derived by breaking down and analyzing its technical indicators over time. LAKE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LAKE MATERIALS LTD. In general, you should focus on analyzing LAKE Stock price patterns and their correlations with different microeconomic environments and drivers.
LAKE MATERIALS Predictive Forecast Models
LAKE MATERIALS's time-series forecasting models is one of many LAKE MATERIALS'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 LAKE MATERIALS'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 LAKE MATERIALS LTD
Checking the ongoing alerts about LAKE MATERIALS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LAKE MATERIALS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LAKE MATERIALS LTD generated a negative expected return over the last 90 days | |
| LAKE MATERIALS LTD has high historical volatility and very poor performance | |
| About 44.0% of the company shares are owned by insiders or employees |
Other Information on Investing in LAKE Stock
LAKE MATERIALS financial ratios help investors to determine whether LAKE 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 LAKE with respect to the benefits of owning LAKE MATERIALS security.