Hanil Iron (Korea) Probability of Future Stock Price Finishing Over 1,985

002220 Stock   1,950  30.00  1.56%   
Hanil Iron's future price is the expected price of Hanil Iron instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Hanil Iron Steel performance during a given time horizon utilizing its historical volatility. Check out Hanil Iron Backtesting, Hanil Iron Valuation, Hanil Iron Correlation, Hanil Iron Hype Analysis, Hanil Iron Volatility, Hanil Iron History as well as Hanil Iron Performance.
  
Please specify Hanil Iron's target price for which you would like Hanil Iron odds to be computed.

Hanil Iron Target Price Odds to finish over 1,985

The tendency of Hanil 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 1,950 90 days 1,950 
about 90.08
Based on a normal probability distribution, the odds of Hanil Iron to move above the current price in 90 days from now is about 90.08 (This Hanil Iron Steel probability density function shows the probability of Hanil Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hanil Iron has a beta of 0.5. This suggests as returns on the market go up, Hanil Iron average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hanil Iron Steel will be expected to be much smaller as well. Additionally Hanil Iron Steel 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.
   Hanil Iron Price Density   
       Price  

Predictive Modules for Hanil Iron

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hanil Iron Steel. 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.
Hype
Prediction
LowEstimatedHigh
1,9481,9501,952
Details
Intrinsic
Valuation
LowRealHigh
1,5971,5992,145
Details
Naive
Forecast
LowNextHigh
1,9211,9231,924
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,8892,0072,125
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanil Iron. Your research has to be compared to or analyzed against Hanil Iron's peers to derive any actionable benefits. When done correctly, Hanil Iron'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 Hanil Iron Steel.

Hanil Iron Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanil Iron is not an exception. The market had few large corrections towards the Hanil Iron'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 Hanil Iron Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanil Iron within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.13
β
Beta against Dow Jones0.50
σ
Overall volatility
47.34
Ir
Information ratio -0.11

Hanil Iron 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 Hanil Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hanil Iron Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Hanil Iron Steel generated a negative expected return over the last 90 days

Hanil Iron Technical Analysis

Hanil Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Hanil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hanil Iron Steel. In general, you should focus on analyzing Hanil Stock price patterns and their correlations with different microeconomic environments and drivers.

Hanil Iron Predictive Forecast Models

Hanil Iron's time-series forecasting models is one of many Hanil Iron'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 Hanil Iron'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 Hanil Iron Steel

Checking the ongoing alerts about Hanil Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hanil Iron Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Hanil Iron Steel generated a negative expected return over the last 90 days

Other Information on Investing in Hanil Stock

Hanil Iron financial ratios help investors to determine whether Hanil 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 Hanil with respect to the benefits of owning Hanil Iron security.