Kumho Petro (Korea) Probability of Future Stock Price Finishing Over 69700.00
| 011785 Stock | 69,700 100.00 0.14% |
Kumho |
Kumho Petro Target Price Odds to finish over 69700.00
The tendency of Kumho 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 |
| 69,700 | 90 days | 69,700 | about 22.22 |
Based on a normal probability distribution, the odds of Kumho Petro to move above the current price in 90 days from now is about 22.22 (This Kumho Petro Chemical probability density function shows the probability of Kumho Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kumho Petro has a beta of 0.13. This suggests as returns on the market go up, Kumho Petro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kumho Petro Chemical will be expected to be much smaller as well. Additionally Kumho Petro Chemical has an alpha of 0.103, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Kumho Petro Price Density |
| Price |
Predictive Modules for Kumho Petro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kumho Petro Chemical. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kumho Petro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kumho Petro. Your research has to be compared to or analyzed against Kumho Petro's peers to derive any actionable benefits. When done correctly, Kumho Petro'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 Petro Chemical. Kumho Petro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kumho Petro is not an exception. The market had few large corrections towards the Kumho Petro'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 Kumho Petro Chemical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kumho Petro within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.10 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 3,519 | |
Ir | Information ratio | 0.01 |
Kumho Petro 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 Kumho Petro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kumho Petro Chemical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kumho Petro Chemical generated a negative expected return over the last 90 days |
Kumho Petro Technical Analysis
Kumho Petro's future price can be derived by breaking down and analyzing its technical indicators over time. Kumho Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kumho Petro Chemical. In general, you should focus on analyzing Kumho Stock price patterns and their correlations with different microeconomic environments and drivers.
Kumho Petro Predictive Forecast Models
Kumho Petro's time-series forecasting models is one of many Kumho Petro'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 Kumho Petro'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 Kumho Petro Chemical
Checking the ongoing alerts about Kumho Petro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kumho Petro Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kumho Petro Chemical generated a negative expected return over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Kumho Petro Chemical information on this page should be used as a complementary analysis to other Kumho Petro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Kumho Stock analysis
When running Kumho Petro's price analysis, check to measure Kumho Petro'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 Petro is operating at the current time. Most of Kumho Petro's value examination focuses on studying past and present price action to predict the probability of Kumho Petro'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 Petro's price. Additionally, you may evaluate how the addition of Kumho Petro to your portfolios can decrease your overall portfolio volatility.
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