Homecast CoLtd (Korea) Price Prediction

064240 Stock  KRW 2,620  10.00  0.38%   
The value of RSI of Homecast CoLtd's share price is below 30 as of today. This suggests that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Homecast CoLtd, making its price go up or down.

Oversold Vs Overbought

29

 
Oversold
 
Overbought
The successful prediction of Homecast CoLtd's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Homecast CoLtd, which may create opportunities for some arbitrage if properly timed.
Using Homecast CoLtd hype-based prediction, you can estimate the value of Homecast CoLtd from the perspective of Homecast CoLtd 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 Homecast CoLtd to buy its stock at a price that has no basis in reality. In that case, they are not buying Homecast 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.

Homecast CoLtd after-hype prediction price

    
  KRW 2620.0  
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 Homecast CoLtd Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
2,2362,2392,882
Details
Naive
Forecast
LowNextHigh
2,6922,6952,697
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,3892,5852,782
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Homecast CoLtd. Your research has to be compared to or analyzed against Homecast CoLtd's peers to derive any actionable benefits. When done correctly, Homecast CoLtd'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 Homecast CoLtd.

Homecast CoLtd After-Hype Price Prediction Density Analysis

As far as predicting the price of Homecast CoLtd 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 Homecast CoLtd 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 Homecast CoLtd, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Homecast CoLtd Estimiated After-Hype Price Volatility

In the context of predicting Homecast CoLtd's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Homecast CoLtd's historical news coverage. Homecast CoLtd's after-hype downside and upside margins for the prediction period are 2,617 and 2,623, respectively. We have considered Homecast CoLtd'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
2,620
2,620
After-hype Price
2,623
Upside
Homecast CoLtd is very steady at this time. Analysis and calculation of next after-hype price of Homecast CoLtd is based on 3 months time horizon.

Homecast CoLtd Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Homecast CoLtd is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Homecast CoLtd 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 Homecast CoLtd, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.20 
2.58
 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
2,620
2,620
0.00 
0.00  
Notes

Homecast CoLtd Hype Timeline

Homecast CoLtd is presently traded for 2,620on KOSDAQ of Korea. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Homecast 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 -0.2%. %. The volatility of related hype on Homecast CoLtd is about 0.0%, with the expected price after the next announcement by competition of 2,620. The company had not issued any dividends in recent years. Homecast CoLtd had 3:2 split on the 9th of February 2004. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Homecast CoLtd Basic Forecasting Models to cross-verify your projections.

Homecast CoLtd Related Hype Analysis

Having access to credible news sources related to Homecast CoLtd's direct competition is more important than ever and may enhance your ability to predict Homecast CoLtd's future price movements. Getting to know how Homecast CoLtd'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 Homecast CoLtd may potentially react to the hype associated with one of its peers.

Homecast CoLtd Additional Predictive Modules

Most predictive techniques to examine Homecast price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Homecast using various technical indicators. When you analyze Homecast 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 Homecast CoLtd Predictive Indicators

The successful prediction of Homecast CoLtd 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 Homecast CoLtd, 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 Homecast CoLtd based on analysis of Homecast CoLtd hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Homecast CoLtd's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Homecast CoLtd's related companies.

Story Coverage note for Homecast CoLtd

The number of cover stories for Homecast CoLtd depends on current market conditions and Homecast CoLtd's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Homecast CoLtd 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 Homecast CoLtd's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Homecast CoLtd Short Properties

Homecast CoLtd's future price predictability will typically decrease when Homecast CoLtd's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Homecast CoLtd often depends not only on the future outlook of the potential Homecast CoLtd's 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. Homecast CoLtd's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding34.7 M
Cash And Short Term Investments16.2 B

Complementary Tools for Homecast Stock analysis

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