Posco Holdings Stock Probability of Future Stock Price Finishing Under 48.87
| PKX Stock | USD 53.92 0.48 0.88% |
POSCO |
POSCO Holdings Target Price Odds to finish below 48.87
The tendency of POSCO 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 drop to $ 48.87 or more in 90 days |
| 53.92 | 90 days | 48.87 | near 1 |
Based on a normal probability distribution, the odds of POSCO Holdings to drop to $ 48.87 or more in 90 days from now is near 1 (This POSCO Holdings probability density function shows the probability of POSCO Stock to fall within a particular range of prices over 90 days) . Probability of POSCO Holdings price to stay between $ 48.87 and its current price of $53.92 at the end of the 90-day period is nearly 4.38 .
Considering the 90-day investment horizon POSCO Holdings has a beta of 0.32 indicating as returns on the market go up, POSCO Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding POSCO Holdings will be expected to be much smaller as well. Additionally POSCO Holdings 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. POSCO Holdings Price Density |
| Price |
Predictive Modules for POSCO Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as POSCO Holdings. 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.POSCO Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. POSCO Holdings is not an exception. The market had few large corrections towards the POSCO Holdings' 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 POSCO Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of POSCO Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 5.77 | |
Ir | Information ratio | -0.11 |
POSCO Holdings 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 POSCO Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for POSCO Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| POSCO Holdings generated a negative expected return over the last 90 days | |
| POSCO Holdings has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: American Resources Corporations ReElement Technologies and POSCO International Come Together ... |
POSCO Holdings 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 POSCO Stock often depends not only on the future outlook of the current and potential POSCO Holdings' 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. POSCO Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.9 M | |
| Cash And Short Term Investments | 13.5 T |
POSCO Holdings Technical Analysis
POSCO Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. POSCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of POSCO Holdings. In general, you should focus on analyzing POSCO Stock price patterns and their correlations with different microeconomic environments and drivers.
POSCO Holdings Predictive Forecast Models
POSCO Holdings' time-series forecasting models is one of many POSCO Holdings' 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 POSCO Holdings' 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 POSCO Holdings
Checking the ongoing alerts about POSCO Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for POSCO Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| POSCO Holdings generated a negative expected return over the last 90 days | |
| POSCO Holdings has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: American Resources Corporations ReElement Technologies and POSCO International Come Together ... |
Additional Tools for POSCO Stock Analysis
When running POSCO Holdings' price analysis, check to measure POSCO Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy POSCO Holdings is operating at the current time. Most of POSCO Holdings' value examination focuses on studying past and present price action to predict the probability of POSCO Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSCO Holdings' price. Additionally, you may evaluate how the addition of POSCO Holdings to your portfolios can decrease your overall portfolio volatility.