CS BEARING (Korea) Probability of Future Stock Price Finishing Under 3,922
| 297090 Stock | KRW 4,015 80.00 1.95% |
297090 |
CS BEARING Target Price Odds to finish below 3,922
The tendency of 297090 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 |
| 4,015 | 90 days | 4,015 | about 1.96 |
Based on a normal probability distribution, the odds of CS BEARING to move below current price in 90 days from now is about 1.96 (This CS BEARING CoLtd probability density function shows the probability of 297090 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CS BEARING CoLtd has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding CS BEARING are expected to decrease at a much lower rate. During a bear market, however, CS BEARING CoLtd is likely to outperform the market. Additionally CS BEARING CoLtd 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. CS BEARING Price Density |
| Price |
Predictive Modules for CS BEARING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CS BEARING CoLtd. 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.CS BEARING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CS BEARING is not an exception. The market had few large corrections towards the CS BEARING'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 CS BEARING CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CS BEARING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 780.92 | |
Ir | Information ratio | -0.19 |
CS BEARING 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 CS BEARING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CS BEARING CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CS BEARING CoLtd generated a negative expected return over the last 90 days | |
| CS BEARING CoLtd has high historical volatility and very poor performance | |
| The company reported the revenue of 95.56 B. Net Loss for the year was (1.13 B) with profit before overhead, payroll, taxes, and interest of 17.02 B. | |
| About 51.0% of the company shares are owned by insiders or employees |
CS BEARING 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 297090 Stock often depends not only on the future outlook of the current and potential CS BEARING'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. CS BEARING'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 | 11.1 B |
CS BEARING Technical Analysis
CS BEARING's future price can be derived by breaking down and analyzing its technical indicators over time. 297090 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CS BEARING CoLtd. In general, you should focus on analyzing 297090 Stock price patterns and their correlations with different microeconomic environments and drivers.
CS BEARING Predictive Forecast Models
CS BEARING's time-series forecasting models is one of many CS BEARING'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 CS BEARING'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 CS BEARING CoLtd
Checking the ongoing alerts about CS BEARING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CS BEARING CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CS BEARING CoLtd generated a negative expected return over the last 90 days | |
| CS BEARING CoLtd has high historical volatility and very poor performance | |
| The company reported the revenue of 95.56 B. Net Loss for the year was (1.13 B) with profit before overhead, payroll, taxes, and interest of 17.02 B. | |
| About 51.0% of the company shares are owned by insiders or employees |
Other Information on Investing in 297090 Stock
CS BEARING financial ratios help investors to determine whether 297090 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 297090 with respect to the benefits of owning CS BEARING security.