Kolon Globalco (Korea) Probability of Future Stock Price Finishing Over 9015.5
| 003070 Stock | 8,810 850.00 10.68% |
Kolon |
Kolon Globalco Target Price Odds to finish over 9015.5
The tendency of Kolon 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 move over 9,016 or more in 90 days |
| 8,810 | 90 days | 9,016 | about 83.34 |
Based on a normal probability distribution, the odds of Kolon Globalco to move over 9,016 or more in 90 days from now is about 83.34 (This Kolon Globalco probability density function shows the probability of Kolon Stock to fall within a particular range of prices over 90 days) . Probability of Kolon Globalco price to stay between its current price of 8,810 and 9,016 at the end of the 90-day period is about 7.58 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.27 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kolon Globalco will likely underperform. Additionally Kolon Globalco 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. Kolon Globalco Price Density |
| Price |
Predictive Modules for Kolon Globalco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kolon Globalco. 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.Kolon Globalco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kolon Globalco is not an exception. The market had few large corrections towards the Kolon Globalco'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 Kolon Globalco, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kolon Globalco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 1.27 | |
σ | Overall volatility | 558.26 | |
Ir | Information ratio | -0.08 |
Kolon Globalco 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 Kolon Globalco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kolon Globalco can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kolon Globalco generated a negative expected return over the last 90 days | |
| Kolon Globalco has high historical volatility and very poor performance | |
| About 57.0% of the company shares are owned by insiders or employees |
Kolon Globalco 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 Kolon Stock often depends not only on the future outlook of the current and potential Kolon Globalco'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. Kolon Globalco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.4 M |
Kolon Globalco Technical Analysis
Kolon Globalco's future price can be derived by breaking down and analyzing its technical indicators over time. Kolon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kolon Globalco. In general, you should focus on analyzing Kolon Stock price patterns and their correlations with different microeconomic environments and drivers.
Kolon Globalco Predictive Forecast Models
Kolon Globalco's time-series forecasting models is one of many Kolon Globalco'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 Kolon Globalco'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 Kolon Globalco
Checking the ongoing alerts about Kolon Globalco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kolon Globalco help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kolon Globalco generated a negative expected return over the last 90 days | |
| Kolon Globalco has high historical volatility and very poor performance | |
| About 57.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Kolon Stock
Kolon Globalco financial ratios help investors to determine whether Kolon 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 Kolon with respect to the benefits of owning Kolon Globalco security.