Moonbae Steel (Korea) Probability of Future Stock Price Finishing Under 2602.64
| 008420 Stock | 2,230 180.00 8.78% |
Moonbae |
Moonbae Steel Target Price Odds to finish below 2602.64
The tendency of Moonbae 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 2,603 after 90 days |
| 2,230 | 90 days | 2,603 | about 98.0 |
Based on a normal probability distribution, the odds of Moonbae Steel to stay under 2,603 after 90 days from now is about 98.0 (This Moonbae Steel probability density function shows the probability of Moonbae Stock to fall within a particular range of prices over 90 days) . Probability of Moonbae Steel price to stay between its current price of 2,230 and 2,603 at the end of the 90-day period is about 87.99 .
Assuming the 90 days trading horizon Moonbae Steel has a beta of -0.1. This suggests as returns on the benchmark increase, returns on holding Moonbae Steel are expected to decrease at a much lower rate. During a bear market, however, Moonbae Steel is likely to outperform the market. Additionally Moonbae 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. Moonbae Steel Price Density |
| Price |
Predictive Modules for Moonbae Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Moonbae 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.Moonbae Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Moonbae Steel is not an exception. The market had few large corrections towards the Moonbae Steel'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 Moonbae Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Moonbae Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 111.50 | |
Ir | Information ratio | -0.09 |
Moonbae Steel 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 Moonbae Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Moonbae 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.| Moonbae Steel generated a negative expected return over the last 90 days | |
| About 37.0% of the company shares are owned by insiders or employees |
Moonbae Steel 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 Moonbae Stock often depends not only on the future outlook of the current and potential Moonbae Steel'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. Moonbae Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.6 M |
Moonbae Steel Technical Analysis
Moonbae Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Moonbae Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Moonbae Steel. In general, you should focus on analyzing Moonbae Stock price patterns and their correlations with different microeconomic environments and drivers.
Moonbae Steel Predictive Forecast Models
Moonbae Steel's time-series forecasting models is one of many Moonbae Steel'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 Moonbae Steel'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 Moonbae Steel
Checking the ongoing alerts about Moonbae Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Moonbae Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Moonbae Steel generated a negative expected return over the last 90 days | |
| About 37.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Moonbae Stock
Moonbae Steel financial ratios help investors to determine whether Moonbae 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 Moonbae with respect to the benefits of owning Moonbae Steel security.