Shinhan WTI (Korea) Probability of Future Stock Price Finishing Over 7380.0
| 500015 Stock | 7,150 25.00 0.35% |
Shinhan |
Shinhan WTI Target Price Odds to finish over 7380.0
The tendency of Shinhan 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 over 7,380 or more in 90 days |
| 7,150 | 90 days | 7,380 | about 32.41 |
Based on a normal probability distribution, the odds of Shinhan WTI to move over 7,380 or more in 90 days from now is about 32.41 (This Shinhan WTI Futures probability density function shows the probability of Shinhan Stock to fall within a particular range of prices over 90 days) . Probability of Shinhan WTI Futures price to stay between its current price of 7,150 and 7,380 at the end of the 90-day period is about 37.17 .
Assuming the 90 days trading horizon Shinhan WTI Futures has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding Shinhan WTI are expected to decrease at a much lower rate. During a bear market, however, Shinhan WTI Futures is likely to outperform the market. Additionally Shinhan WTI Futures 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. Shinhan WTI Price Density |
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Predictive Modules for Shinhan WTI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shinhan WTI Futures. 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.Shinhan WTI Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinhan WTI is not an exception. The market had few large corrections towards the Shinhan WTI'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 Shinhan WTI Futures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinhan WTI within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 237.41 | |
Ir | Information ratio | -0.09 |
Shinhan WTI 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 Shinhan WTI for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinhan WTI Futures can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shinhan WTI Futures generated a negative expected return over the last 90 days |
Shinhan WTI Technical Analysis
Shinhan WTI's future price can be derived by breaking down and analyzing its technical indicators over time. Shinhan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinhan WTI Futures. In general, you should focus on analyzing Shinhan Stock price patterns and their correlations with different microeconomic environments and drivers.
Shinhan WTI Predictive Forecast Models
Shinhan WTI's time-series forecasting models is one of many Shinhan WTI'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 Shinhan WTI'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 Shinhan WTI Futures
Checking the ongoing alerts about Shinhan WTI for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinhan WTI Futures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinhan WTI Futures generated a negative expected return over the last 90 days |