Shinsegae Information (Korea) Probability of Future Stock Price Finishing Under 8,985
| 035510 Stock | 8,500 320.00 3.91% |
Shinsegae |
Shinsegae Information Target Price Odds to finish below 8,985
The tendency of Shinsegae 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 below current price in 90 days |
| 8,500 | 90 days | 8,500 | under 4 |
Based on a normal probability distribution, the odds of Shinsegae Information to move below current price in 90 days from now is under 4 (This Shinsegae Information Communication probability density function shows the probability of Shinsegae Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shinsegae Information has a beta of 0.0884. This suggests as returns on the market go up, Shinsegae Information average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shinsegae Information Communication will be expected to be much smaller as well. Additionally Shinsegae Information Communication 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. Shinsegae Information Price Density |
| Price |
Predictive Modules for Shinsegae Information
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shinsegae Information. 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.Shinsegae Information Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shinsegae Information is not an exception. The market had few large corrections towards the Shinsegae Information'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 Shinsegae Information Communication, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shinsegae Information within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 468.36 | |
Ir | Information ratio | -0.15 |
Shinsegae Information 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 Shinsegae Information for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shinsegae Information can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shinsegae Information generated a negative expected return over the last 90 days |
Shinsegae Information Technical Analysis
Shinsegae Information's future price can be derived by breaking down and analyzing its technical indicators over time. Shinsegae Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shinsegae Information Communication. In general, you should focus on analyzing Shinsegae Stock price patterns and their correlations with different microeconomic environments and drivers.
Shinsegae Information Predictive Forecast Models
Shinsegae Information's time-series forecasting models is one of many Shinsegae Information'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 Shinsegae Information'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 Shinsegae Information
Checking the ongoing alerts about Shinsegae Information for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shinsegae Information help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shinsegae Information generated a negative expected return over the last 90 days |
Other Information on Investing in Shinsegae Stock
Shinsegae Information financial ratios help investors to determine whether Shinsegae 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 Shinsegae with respect to the benefits of owning Shinsegae Information security.