Microfriend (Korea) Probability of Future Stock Price Finishing Under 2,963
| 147760 Stock | KRW 2,730 215.00 8.55% |
Microfriend |
Microfriend Target Price Odds to finish below 2,963
The tendency of Microfriend 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 |
| 2,730 | 90 days | 2,730 | nearly 4.35 |
Based on a normal probability distribution, the odds of Microfriend to move below current price in 90 days from now is nearly 4.35 (This Microfriend probability density function shows the probability of Microfriend Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Microfriend has a beta of -0.63. This suggests as returns on the benchmark increase, returns on holding Microfriend are expected to decrease at a much lower rate. During a bear market, however, Microfriend is likely to outperform the market. Additionally Microfriend 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. Microfriend Price Density |
| Price |
Predictive Modules for Microfriend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Microfriend. 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.Microfriend Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Microfriend is not an exception. The market had few large corrections towards the Microfriend'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 Microfriend, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Microfriend within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 442.12 | |
Ir | Information ratio | -0.04 |
Microfriend 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 Microfriend for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Microfriend can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Microfriend generated a negative expected return over the last 90 days | |
| Microfriend has high historical volatility and very poor performance | |
| About 35.0% of the company shares are owned by insiders or employees |
Microfriend 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 Microfriend Stock often depends not only on the future outlook of the current and potential Microfriend'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. Microfriend's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.8 M | |
| Cash And Short Term Investments | 18.7 B |
Microfriend Technical Analysis
Microfriend's future price can be derived by breaking down and analyzing its technical indicators over time. Microfriend Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Microfriend. In general, you should focus on analyzing Microfriend Stock price patterns and their correlations with different microeconomic environments and drivers.
Microfriend Predictive Forecast Models
Microfriend's time-series forecasting models is one of many Microfriend'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 Microfriend'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 Microfriend
Checking the ongoing alerts about Microfriend for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Microfriend help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Microfriend generated a negative expected return over the last 90 days | |
| Microfriend has high historical volatility and very poor performance | |
| About 35.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Microfriend Stock
Microfriend financial ratios help investors to determine whether Microfriend 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 Microfriend with respect to the benefits of owning Microfriend security.