Kumho Ind (Korea) Price Prediction

002990 Stock   2,910  5.00  0.17%   
The value of RSI of Kumho Ind's share price is below 30 as of today. This suggests that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Kumho Ind, making its price go up or down.

Oversold Vs Overbought

29

 
Oversold
 
Overbought
The successful prediction of Kumho Ind's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Kumho Ind, which may create opportunities for some arbitrage if properly timed.
Using Kumho Ind hype-based prediction, you can estimate the value of Kumho Ind from the perspective of Kumho Ind response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Kumho Ind to buy its stock at a price that has no basis in reality. In that case, they are not buying Kumho because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Kumho Ind after-hype prediction price

    
  KRW 2910.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Kumho Ind Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
2,4712,4743,201
Details
Naive
Forecast
LowNextHigh
2,9652,9672,969
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,6722,9063,141
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kumho Ind. Your research has to be compared to or analyzed against Kumho Ind's peers to derive any actionable benefits. When done correctly, Kumho Ind's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kumho Ind.

Kumho Ind After-Hype Price Prediction Density Analysis

As far as predicting the price of Kumho Ind at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Kumho Ind or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Kumho Ind, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Kumho Ind Estimiated After-Hype Price Volatility

In the context of predicting Kumho Ind's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Kumho Ind's historical news coverage. Kumho Ind's after-hype downside and upside margins for the prediction period are 2,908 and 2,912, respectively. We have considered Kumho Ind's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2,910
2,910
After-hype Price
2,912
Upside
Kumho Ind is very steady at this time. Analysis and calculation of next after-hype price of Kumho Ind is based on 3 months time horizon.

Kumho Ind Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Kumho Ind is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kumho Ind backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Kumho Ind, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.27 
2.18
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2,910
2,910
0.00 
0.00  
Notes

Kumho Ind Hype Timeline

Kumho Ind is presently traded for 2,910on Korea Stock Exchange of Korea. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Kumho is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.27%. %. The volatility of related hype on Kumho Ind is about 0.0%, with the expected price after the next announcement by competition of 2,910. About 48.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.55. In the past many companies with similar price-to-book ratios have beat the market. Kumho Ind last dividend was issued on the 29th of December 2021. The entity had 1:7 split on the 28th of February 2013. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Kumho Ind Basic Forecasting Models to cross-verify your projections.

Kumho Ind Related Hype Analysis

Having access to credible news sources related to Kumho Ind's direct competition is more important than ever and may enhance your ability to predict Kumho Ind's future price movements. Getting to know how Kumho Ind's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Kumho Ind may potentially react to the hype associated with one of its peers.

Kumho Ind Additional Predictive Modules

Most predictive techniques to examine Kumho price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Kumho using various technical indicators. When you analyze Kumho charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Kumho Ind Predictive Indicators

The successful prediction of Kumho Ind stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Kumho Ind, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Kumho Ind based on analysis of Kumho Ind hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Kumho Ind's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Kumho Ind's related companies.

Story Coverage note for Kumho Ind

The number of cover stories for Kumho Ind depends on current market conditions and Kumho Ind's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Kumho Ind is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Kumho Ind's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Kumho Ind Short Properties

Kumho Ind's future price predictability will typically decrease when Kumho Ind's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Kumho Ind often depends not only on the future outlook of the potential Kumho Ind'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. Kumho Ind's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding35.6 M

Complementary Tools for Kumho Stock analysis

When running Kumho Ind's price analysis, check to measure Kumho Ind's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kumho Ind is operating at the current time. Most of Kumho Ind's value examination focuses on studying past and present price action to predict the probability of Kumho Ind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kumho Ind's price. Additionally, you may evaluate how the addition of Kumho Ind to your portfolios can decrease your overall portfolio volatility.
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