Carriesoft (Korea) Probability of Future Stock Price Finishing Over 4,031
| 317530 Stock | KRW 4,040 90.00 2.28% |
Carriesoft |
Carriesoft Target Price Odds to finish over 4,031
The tendency of Carriesoft 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 above the current price in 90 days |
| 4,040 | 90 days | 4,040 | about 36.05 |
Based on a normal probability distribution, the odds of Carriesoft to move above the current price in 90 days from now is about 36.05 (This Carriesoft Co probability density function shows the probability of Carriesoft Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Carriesoft Co has a beta of -0.73. This suggests as returns on the benchmark increase, returns on holding Carriesoft are expected to decrease at a much lower rate. During a bear market, however, Carriesoft Co is likely to outperform the market. Additionally Carriesoft Co has an alpha of 0.4369, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Carriesoft Price Density |
| Price |
Predictive Modules for Carriesoft
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carriesoft. 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.Carriesoft Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Carriesoft is not an exception. The market had few large corrections towards the Carriesoft'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 Carriesoft Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Carriesoft within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 469.18 | |
Ir | Information ratio | 0.06 |
Carriesoft 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 Carriesoft for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Carriesoft can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Carriesoft had very high historical volatility over the last 90 days | |
| The company reported the revenue of 6.69 B. Net Loss for the year was (2.01 B) with profit before overhead, payroll, taxes, and interest of 5.51 B. | |
| Carriesoft Co has accumulated about 1.28 B in cash with (693.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 216.75. | |
| Roughly 37.0% of the company shares are owned by insiders or employees |
Carriesoft 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 Carriesoft Stock often depends not only on the future outlook of the current and potential Carriesoft'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. Carriesoft's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.8 M | |
| Cash And Short Term Investments | 3.6 B |
Carriesoft Technical Analysis
Carriesoft's future price can be derived by breaking down and analyzing its technical indicators over time. Carriesoft Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Carriesoft Co. In general, you should focus on analyzing Carriesoft Stock price patterns and their correlations with different microeconomic environments and drivers.
Carriesoft Predictive Forecast Models
Carriesoft's time-series forecasting models is one of many Carriesoft'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 Carriesoft'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 Carriesoft
Checking the ongoing alerts about Carriesoft for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Carriesoft help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Carriesoft had very high historical volatility over the last 90 days | |
| The company reported the revenue of 6.69 B. Net Loss for the year was (2.01 B) with profit before overhead, payroll, taxes, and interest of 5.51 B. | |
| Carriesoft Co has accumulated about 1.28 B in cash with (693.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 216.75. | |
| Roughly 37.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Carriesoft Stock
Carriesoft financial ratios help investors to determine whether Carriesoft 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 Carriesoft with respect to the benefits of owning Carriesoft security.