Hyundai Home (Korea) Probability of Future Stock Price Finishing Under 46,096
| 057050 Stock | 46,650 1,450 3.21% |
Hyundai |
Hyundai Home Target Price Odds to finish below 46,096
The tendency of Hyundai 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 |
| 46,650 | 90 days | 46,650 | about 62.98 |
Based on a normal probability distribution, the odds of Hyundai Home to move below current price in 90 days from now is about 62.98 (This Hyundai Home Shopping probability density function shows the probability of Hyundai Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hyundai Home Shopping has a beta of -0.14. This suggests as returns on the benchmark increase, returns on holding Hyundai Home are expected to decrease at a much lower rate. During a bear market, however, Hyundai Home Shopping is likely to outperform the market. Additionally Hyundai Home Shopping 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. Hyundai Home Price Density |
| Price |
Predictive Modules for Hyundai Home
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hyundai Home Shopping. 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.Hyundai Home Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hyundai Home is not an exception. The market had few large corrections towards the Hyundai Home'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 Hyundai Home Shopping, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hyundai Home within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 1,306 | |
Ir | Information ratio | -0.12 |
Hyundai Home Technical Analysis
Hyundai Home's future price can be derived by breaking down and analyzing its technical indicators over time. Hyundai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hyundai Home Shopping. In general, you should focus on analyzing Hyundai Stock price patterns and their correlations with different microeconomic environments and drivers.
Hyundai Home Predictive Forecast Models
Hyundai Home's time-series forecasting models is one of many Hyundai Home'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 Hyundai Home'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hyundai Home in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hyundai Home's short interest history, or implied volatility extrapolated from Hyundai Home options trading.
Other Information on Investing in Hyundai Stock
Hyundai Home financial ratios help investors to determine whether Hyundai 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 Hyundai with respect to the benefits of owning Hyundai Home security.