Choong Ang (Korea) Probability of Future Stock Price Finishing Under 10570.0
| 072020 Stock | KRW 9,490 490.00 5.44% |
Choong |
Choong Ang Target Price Odds to finish below 10570.0
The tendency of Choong 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 W 10,570 after 90 days |
| 9,490 | 90 days | 10,570 | about 83.13 |
Based on a normal probability distribution, the odds of Choong Ang to stay under W 10,570 after 90 days from now is about 83.13 (This Choong Ang Vaccine probability density function shows the probability of Choong Stock to fall within a particular range of prices over 90 days) . Probability of Choong Ang Vaccine price to stay between its current price of W 9,490 and W 10,570 at the end of the 90-day period is about 82.25 .
Assuming the 90 days trading horizon Choong Ang has a beta of 0.13. This suggests as returns on the market go up, Choong Ang average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Choong Ang Vaccine will be expected to be much smaller as well. Additionally Choong Ang Vaccine 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. Choong Ang Price Density |
| Price |
Predictive Modules for Choong Ang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Choong Ang Vaccine. 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.Choong Ang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Choong Ang is not an exception. The market had few large corrections towards the Choong Ang'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 Choong Ang Vaccine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Choong Ang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 331.03 | |
Ir | Information ratio | -0.2 |
Choong Ang 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 Choong Ang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Choong Ang Vaccine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Choong Ang Vaccine generated a negative expected return over the last 90 days | |
| About 34.0% of the company shares are owned by insiders or employees |
Choong Ang 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 Choong Stock often depends not only on the future outlook of the current and potential Choong Ang'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. Choong Ang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.8 M | |
| Cash And Short Term Investments | 21.5 B |
Choong Ang Technical Analysis
Choong Ang's future price can be derived by breaking down and analyzing its technical indicators over time. Choong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Choong Ang Vaccine. In general, you should focus on analyzing Choong Stock price patterns and their correlations with different microeconomic environments and drivers.
Choong Ang Predictive Forecast Models
Choong Ang's time-series forecasting models is one of many Choong Ang'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 Choong Ang'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 Choong Ang Vaccine
Checking the ongoing alerts about Choong Ang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Choong Ang Vaccine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Choong Ang Vaccine generated a negative expected return over the last 90 days | |
| About 34.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Choong Stock
Choong Ang financial ratios help investors to determine whether Choong 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 Choong with respect to the benefits of owning Choong Ang security.