Hurum (Korea) Chance of Future Stock Price Finishing Under 719.0
| 353190 Stock | KRW 705.00 22.00 3.03% |
Hurum |
Hurum Target Price Odds to finish below 719.0
The tendency of Hurum 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 719.00 after 90 days |
| 705.00 | 90 days | 719.00 | about 5.49 |
Based on a normal probability distribution, the odds of Hurum to stay under W 719.00 after 90 days from now is about 5.49 (This Hurum Co probability density function shows the probability of Hurum Stock to fall within a particular range of prices over 90 days) . Probability of Hurum price to stay between its current price of W 705.00 and W 719.00 at the end of the 90-day period is roughly 2.08 .
Assuming the 90 days trading horizon Hurum has a beta of 0.0946. This suggests as returns on the market go up, Hurum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hurum Co will be expected to be much smaller as well. Additionally Hurum Co 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. Hurum Price Density |
| Price |
Predictive Modules for Hurum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hurum. 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.Hurum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hurum is not an exception. The market had few large corrections towards the Hurum'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 Hurum Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hurum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 62.94 | |
Ir | Information ratio | -0.23 |
Hurum 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 Hurum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hurum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hurum generated a negative expected return over the last 90 days | |
| Net Loss for the year was (30.79 M) with loss before overhead, payroll, taxes, and interest of (51.31 M). | |
| Hurum Co has accumulated about 111.62 M in cash with (41.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.9. |
Hurum Technical Analysis
Hurum's future price can be derived by breaking down and analyzing its technical indicators over time. Hurum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hurum Co. In general, you should focus on analyzing Hurum Stock price patterns and their correlations with different microeconomic environments and drivers.
Hurum Predictive Forecast Models
Hurum's time-series forecasting models is one of many Hurum'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 Hurum'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 Hurum
Checking the ongoing alerts about Hurum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hurum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hurum generated a negative expected return over the last 90 days | |
| Net Loss for the year was (30.79 M) with loss before overhead, payroll, taxes, and interest of (51.31 M). | |
| Hurum Co has accumulated about 111.62 M in cash with (41.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.9. |
Other Information on Investing in Hurum Stock
Hurum financial ratios help investors to determine whether Hurum 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 Hurum with respect to the benefits of owning Hurum security.