JLK (Korea) Chance of Future Stock Price Finishing Over 8170.0

322510 Stock   8,160  270.00  3.42%   
JLK's future price is the expected price of JLK instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of JLK Inc performance during a given time horizon utilizing its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
Please specify JLK's target price for which you would like JLK odds to be computed.

JLK Target Price Odds to finish over 8170.0

The tendency of JLK 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 PriceHorizonTarget PriceOdds to move over  8,170  or more in 90 days
 8,160 90 days 8,170 
about 73.86
Based on a normal probability distribution, the odds of JLK to move over  8,170  or more in 90 days from now is about 73.86 (This JLK Inc probability density function shows the probability of JLK Stock to fall within a particular range of prices over 90 days) . Probability of JLK Inc price to stay between its current price of  8,160  and  8,170  at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon JLK Inc has a beta of -0.82. This suggests as returns on the benchmark increase, returns on holding JLK are expected to decrease at a much lower rate. During a bear market, however, JLK Inc is likely to outperform the market. Additionally JLK Inc 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.
   JLK Price Density   
       Price  

Predictive Modules for JLK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JLK Inc. 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.

JLK Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. JLK is not an exception. The market had few large corrections towards the JLK'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 JLK Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JLK within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.0072
β
Beta against Dow Jones-0.82
σ
Overall volatility
1,751
Ir
Information ratio -0.03

JLK 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 JLK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JLK Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
JLK Inc generated a negative expected return over the last 90 days
JLK Inc has high historical volatility and very poor performance

JLK Technical Analysis

JLK's future price can be derived by breaking down and analyzing its technical indicators over time. JLK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JLK Inc. In general, you should focus on analyzing JLK Stock price patterns and their correlations with different microeconomic environments and drivers.

JLK Predictive Forecast Models

JLK's time-series forecasting models is one of many JLK'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 JLK'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 JLK Inc

Checking the ongoing alerts about JLK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JLK Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
JLK Inc generated a negative expected return over the last 90 days
JLK Inc has high historical volatility and very poor performance