Korea New (Korea) Probability of Future Stock Price Finishing Under 784.85

058400 Stock   860.00  24.00  2.71%   
Korea New's future price is the expected price of Korea New 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 Korea New Network performance during a given time horizon utilizing its historical volatility. Check out Korea New Backtesting, Korea New Valuation, Korea New Correlation, Korea New Hype Analysis, Korea New Volatility, Korea New History as well as Korea New Performance.
  
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Korea New Target Price Odds to finish below 784.85

The tendency of Korea 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 drop to  784.85  or more in 90 days
 860.00 90 days 784.85 
about 66.12
Based on a normal probability distribution, the odds of Korea New to drop to  784.85  or more in 90 days from now is about 66.12 (This Korea New Network probability density function shows the probability of Korea Stock to fall within a particular range of prices over 90 days) . Probability of Korea New Network price to stay between  784.85  and its current price of 860.0 at the end of the 90-day period is about 33.28 .
Assuming the 90 days trading horizon Korea New Network has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Korea New are expected to decrease at a much lower rate. During a bear market, however, Korea New Network is likely to outperform the market. Additionally Korea New Network has an alpha of 0.2108, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Korea New Price Density   
       Price  

Predictive Modules for Korea New

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Korea New Network. 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
857.75860.00862.25
Details
Intrinsic
Valuation
LowRealHigh
760.66762.91946.00
Details
Naive
Forecast
LowNextHigh
880.18882.44884.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
712.40781.71851.02
Details

Korea New Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Korea New is not an exception. The market had few large corrections towards the Korea New'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 Korea New Network, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Korea New within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.21
β
Beta against Dow Jones-0.17
σ
Overall volatility
32.95
Ir
Information ratio 0.03

Korea New Technical Analysis

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

Korea New Predictive Forecast Models

Korea New's time-series forecasting models is one of many Korea New'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 Korea New'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 Korea New 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, Korea New's short interest history, or implied volatility extrapolated from Korea New options trading.

Other Information on Investing in Korea Stock

Korea New financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea New security.