Samhwa Paint (Korea) Probability of Future Stock Price Finishing Under 8190.0
| 000390 Stock | 6,480 80.00 1.25% |
Samhwa |
Samhwa Paint Target Price Odds to finish below 8190.0
The tendency of Samhwa 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 8,190 after 90 days |
| 6,480 | 90 days | 8,190 | close to 99 |
Based on a normal probability distribution, the odds of Samhwa Paint to stay under 8,190 after 90 days from now is close to 99 (This Samhwa Paint Industrial probability density function shows the probability of Samhwa Stock to fall within a particular range of prices over 90 days) . Probability of Samhwa Paint Industrial price to stay between its current price of 6,480 and 8,190 at the end of the 90-day period is about 80.77 .
Assuming the 90 days trading horizon Samhwa Paint Industrial has a beta of -0.0843. This suggests as returns on the benchmark increase, returns on holding Samhwa Paint are expected to decrease at a much lower rate. During a bear market, however, Samhwa Paint Industrial is likely to outperform the market. Additionally Samhwa Paint Industrial 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. Samhwa Paint Price Density |
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Predictive Modules for Samhwa Paint
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Samhwa Paint Industrial. 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.Samhwa Paint Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Samhwa Paint is not an exception. The market had few large corrections towards the Samhwa Paint'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 Samhwa Paint Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Samhwa Paint within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 430.31 | |
Ir | Information ratio | -0.07 |
Samhwa Paint 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 Samhwa Paint for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Samhwa Paint Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Samhwa Paint generated a negative expected return over the last 90 days |
Samhwa Paint Technical Analysis
Samhwa Paint's future price can be derived by breaking down and analyzing its technical indicators over time. Samhwa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Samhwa Paint Industrial. In general, you should focus on analyzing Samhwa Stock price patterns and their correlations with different microeconomic environments and drivers.
Samhwa Paint Predictive Forecast Models
Samhwa Paint's time-series forecasting models is one of many Samhwa Paint'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 Samhwa Paint'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 Samhwa Paint Industrial
Checking the ongoing alerts about Samhwa Paint for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Samhwa Paint Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Samhwa Paint generated a negative expected return over the last 90 days |
Other Information on Investing in Samhwa Stock
Samhwa Paint financial ratios help investors to determine whether Samhwa 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 Samhwa with respect to the benefits of owning Samhwa Paint security.