Handok Clean (Korea) Probability of Future Stock Price Finishing Over 6,351
| 256150 Stock | KRW 6,350 20.00 0.31% |
Handok |
Handok Clean Target Price Odds to finish over 6,351
The tendency of Handok 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 above the current price in 90 days |
| 6,350 | 90 days | 6,350 | over 95.88 |
Based on a normal probability distribution, the odds of Handok Clean to move above the current price in 90 days from now is over 95.88 (This Handok Clean Tech probability density function shows the probability of Handok Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Handok Clean has a beta of 0.11. This suggests as returns on the market go up, Handok Clean average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Handok Clean Tech will be expected to be much smaller as well. Additionally Handok Clean Tech 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. Handok Clean Price Density |
| Price |
Predictive Modules for Handok Clean
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Handok Clean Tech. 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.Handok Clean Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Handok Clean is not an exception. The market had few large corrections towards the Handok Clean'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 Handok Clean Tech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Handok Clean within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 260.35 | |
Ir | Information ratio | -0.28 |
Handok Clean 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 Handok Clean for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Handok Clean Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Handok Clean Tech generated a negative expected return over the last 90 days | |
| About 40.0% of the company shares are owned by insiders or employees |
Handok Clean 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 Handok Stock often depends not only on the future outlook of the current and potential Handok Clean'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. Handok Clean's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.3 M | |
| Dividends Paid | 1.1 B | |
| Cash And Short Term Investments | 18.7 B |
Handok Clean Technical Analysis
Handok Clean's future price can be derived by breaking down and analyzing its technical indicators over time. Handok Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Handok Clean Tech. In general, you should focus on analyzing Handok Stock price patterns and their correlations with different microeconomic environments and drivers.
Handok Clean Predictive Forecast Models
Handok Clean's time-series forecasting models is one of many Handok Clean'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 Handok Clean'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 Handok Clean Tech
Checking the ongoing alerts about Handok Clean for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Handok Clean Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Handok Clean Tech generated a negative expected return over the last 90 days | |
| About 40.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Handok Stock
Handok Clean financial ratios help investors to determine whether Handok 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 Handok with respect to the benefits of owning Handok Clean security.