BooKook Steel (Korea) Price Prediction

026940 Stock   2,380  55.00  2.26%   
As of today, the value of RSI of BooKook Steel's share price is approaching 39. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling BooKook Steel, making its price go up or down.

Oversold Vs Overbought

39

 
Oversold
 
Overbought
The successful prediction of BooKook Steel's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with BooKook Steel Co, which may create opportunities for some arbitrage if properly timed.
Using BooKook Steel hype-based prediction, you can estimate the value of BooKook Steel Co from the perspective of BooKook Steel response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in BooKook Steel to buy its stock at a price that has no basis in reality. In that case, they are not buying BooKook because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

BooKook Steel after-hype prediction price

    
  KRW 2380.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out BooKook Steel Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
2,0932,0942,618
Details
Naive
Forecast
LowNextHigh
2,3632,3642,366
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,3382,3982,459
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BooKook Steel. Your research has to be compared to or analyzed against BooKook Steel's peers to derive any actionable benefits. When done correctly, BooKook Steel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BooKook Steel.

BooKook Steel After-Hype Price Prediction Density Analysis

As far as predicting the price of BooKook Steel at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in BooKook Steel or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of BooKook Steel, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

BooKook Steel Estimiated After-Hype Price Volatility

In the context of predicting BooKook Steel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on BooKook Steel's historical news coverage. BooKook Steel's after-hype downside and upside margins for the prediction period are 2,379 and 2,381, respectively. We have considered BooKook Steel's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2,380
2,380
After-hype Price
2,381
Upside
BooKook Steel is very steady at this time. Analysis and calculation of next after-hype price of BooKook Steel is based on 3 months time horizon.

BooKook Steel Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as BooKook Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BooKook Steel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with BooKook Steel, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
1.42
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2,380
2,380
0.00 
0.00  
Notes

BooKook Steel Hype Timeline

BooKook Steel is presently traded for 2,380on KOSDAQ of Korea. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. BooKook is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.1%. %. The volatility of related hype on BooKook Steel is about 0.0%, with the expected price after the next announcement by competition of 2,380. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out BooKook Steel Basic Forecasting Models to cross-verify your projections.

BooKook Steel Related Hype Analysis

Having access to credible news sources related to BooKook Steel's direct competition is more important than ever and may enhance your ability to predict BooKook Steel's future price movements. Getting to know how BooKook Steel's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how BooKook Steel may potentially react to the hype associated with one of its peers.

BooKook Steel Additional Predictive Modules

Most predictive techniques to examine BooKook price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BooKook using various technical indicators. When you analyze BooKook charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About BooKook Steel Predictive Indicators

The successful prediction of BooKook Steel stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as BooKook Steel Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of BooKook Steel based on analysis of BooKook Steel hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to BooKook Steel's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to BooKook Steel's related companies.

Story Coverage note for BooKook Steel

The number of cover stories for BooKook Steel depends on current market conditions and BooKook Steel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that BooKook Steel is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about BooKook Steel's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Complementary Tools for BooKook Stock analysis

When running BooKook Steel's price analysis, check to measure BooKook Steel's 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 BooKook Steel is operating at the current time. Most of BooKook Steel's value examination focuses on studying past and present price action to predict the probability of BooKook Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BooKook Steel's price. Additionally, you may evaluate how the addition of BooKook Steel to your portfolios can decrease your overall portfolio volatility.
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