Konan Technology (Korea) Probability of Future Stock Price Finishing Under 25,686
| 402030 Stock | 19,340 800.00 4.31% |
Konan |
Konan Technology Target Price Odds to finish below 25,686
The tendency of Konan 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 |
| 19,340 | 90 days | 19,340 | about 72.21 |
Based on a normal probability distribution, the odds of Konan Technology to move below current price in 90 days from now is about 72.21 (This Konan Technology probability density function shows the probability of Konan Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.65 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Konan Technology will likely underperform. Additionally Konan Technology has an alpha of 0.2907, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Konan Technology Price Density |
| Price |
Predictive Modules for Konan Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Konan Technology. 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.Konan Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Konan Technology is not an exception. The market had few large corrections towards the Konan Technology'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 Konan Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Konan Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 1.65 | |
σ | Overall volatility | 3,614 | |
Ir | Information ratio | 0.07 |
Konan Technology 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 Konan Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Konan Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Konan Technology is way too risky over 90 days horizon | |
| Konan Technology appears to be risky and price may revert if volatility continues |
Konan Technology Technical Analysis
Konan Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Konan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Konan Technology. In general, you should focus on analyzing Konan Stock price patterns and their correlations with different microeconomic environments and drivers.
Konan Technology Predictive Forecast Models
Konan Technology's time-series forecasting models is one of many Konan Technology'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 Konan Technology'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 Konan Technology
Checking the ongoing alerts about Konan Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Konan Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Konan Technology is way too risky over 90 days horizon | |
| Konan Technology appears to be risky and price may revert if volatility continues |
Other Information on Investing in Konan Stock
Konan Technology financial ratios help investors to determine whether Konan 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 Konan with respect to the benefits of owning Konan Technology security.