Coloray International (Korea) Probability of Future Stock Price Finishing Under 731.93
| 900310 Stock | 607.00 5.00 0.82% |
Coloray |
Coloray International Target Price Odds to finish below 731.93
The tendency of Coloray 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 stay under 731.93 after 90 days |
| 607.00 | 90 days | 731.93 | about 92.0 |
Based on a normal probability distribution, the odds of Coloray International to stay under 731.93 after 90 days from now is about 92.0 (This Coloray International Investment probability density function shows the probability of Coloray Stock to fall within a particular range of prices over 90 days) . Probability of Coloray International price to stay between its current price of 607.00 and 731.93 at the end of the 90-day period is about 79.38 .
Assuming the 90 days trading horizon Coloray International Investment has a beta of -0.82. This suggests as returns on the benchmark increase, returns on holding Coloray International are expected to decrease at a much lower rate. During a bear market, however, Coloray International Investment is likely to outperform the market. Additionally Coloray International Investment has an alpha of 0.0791, implying that it can generate a 0.0791 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Coloray International Price Density |
| Price |
Predictive Modules for Coloray International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coloray International. 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.Coloray International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coloray International is not an exception. The market had few large corrections towards the Coloray International'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 Coloray International Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coloray International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.82 | |
σ | Overall volatility | 48.97 | |
Ir | Information ratio | -0.04 |
Coloray International 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 Coloray International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coloray International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Coloray International generated a negative expected return over the last 90 days | |
| Coloray International has high historical volatility and very poor performance |
Coloray International Technical Analysis
Coloray International's future price can be derived by breaking down and analyzing its technical indicators over time. Coloray Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coloray International Investment. In general, you should focus on analyzing Coloray Stock price patterns and their correlations with different microeconomic environments and drivers.
Coloray International Predictive Forecast Models
Coloray International's time-series forecasting models is one of many Coloray International'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 Coloray International'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 Coloray International
Checking the ongoing alerts about Coloray International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coloray International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Coloray International generated a negative expected return over the last 90 days | |
| Coloray International has high historical volatility and very poor performance |
Other Information on Investing in Coloray Stock
Coloray International financial ratios help investors to determine whether Coloray 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 Coloray with respect to the benefits of owning Coloray International security.