FNSTech (Korea) Odds of Future Stock Price Finishing Over 12460.00
| 083500 Stock | 12,460 190.00 1.55% |
FNSTech |
FNSTech Target Price Odds to finish over 12460.00
The tendency of FNSTech 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 |
| 12,460 | 90 days | 12,460 | about 29.28 |
Based on a normal probability distribution, the odds of FNSTech to move above the current price in 90 days from now is about 29.28 (This FNSTech Co probability density function shows the probability of FNSTech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon FNSTech Co has a beta of -0.0891. This suggests as returns on the benchmark increase, returns on holding FNSTech are expected to decrease at a much lower rate. During a bear market, however, FNSTech Co is likely to outperform the market. Additionally FNSTech Co has an alpha of 0.326, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). FNSTech Price Density |
| Price |
Predictive Modules for FNSTech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FNSTech. 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 FNSTech'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.
FNSTech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FNSTech is not an exception. The market had few large corrections towards the FNSTech'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 FNSTech Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FNSTech within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.33 | |
β | Beta against NYSE Composite | -0.09 | |
σ | Overall volatility | 1,029 | |
Ir | Information ratio | 0.05 |
FNSTech 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 FNSTech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FNSTech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FNSTech had very high historical volatility over the last 90 days |
FNSTech Technical Analysis
FNSTech's future price can be derived by breaking down and analyzing its technical indicators over time. FNSTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FNSTech Co. In general, you should focus on analyzing FNSTech Stock price patterns and their correlations with different microeconomic environments and drivers.
FNSTech Predictive Forecast Models
FNSTech's time-series forecasting models is one of many FNSTech'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 FNSTech'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 FNSTech
Checking the ongoing alerts about FNSTech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FNSTech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FNSTech had very high historical volatility over the last 90 days |
Check out FNSTech Backtesting, FNSTech Valuation, FNSTech Correlation, FNSTech Hype Analysis, FNSTech Volatility, FNSTech History as well as FNSTech Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for FNSTech Stock analysis
When running FNSTech's price analysis, check to measure FNSTech'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 FNSTech is operating at the current time. Most of FNSTech's value examination focuses on studying past and present price action to predict the probability of FNSTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FNSTech's price. Additionally, you may evaluate how the addition of FNSTech to your portfolios can decrease your overall portfolio volatility.
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