Furonteer (Korea) Probability of Future Stock Price Finishing Over 24800.00
| 370090 Stock | 24,800 100.00 0.40% |
Furonteer |
Furonteer Target Price Odds to finish over 24800.00
The tendency of Furonteer 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 |
| 24,800 | 90 days | 24,800 | about 44.85 |
Based on a normal probability distribution, the odds of Furonteer to move above the current price in 90 days from now is about 44.85 (This Furonteer probability density function shows the probability of Furonteer Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Furonteer has a beta of -0.88. This suggests Additionally Furonteer has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Furonteer Price Density |
| Price |
Predictive Modules for Furonteer
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Furonteer. 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 Furonteer'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 Furonteer. Your research has to be compared to or analyzed against Furonteer's peers to derive any actionable benefits. When done correctly, Furonteer'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 Furonteer. Furonteer Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Furonteer is not an exception. The market had few large corrections towards the Furonteer'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 Furonteer, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Furonteer within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | -0.88 | |
σ | Overall volatility | 2,056 | |
Ir | Information ratio | -0.07 |
Furonteer 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 Furonteer for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Furonteer can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Furonteer generated a negative expected return over the last 90 days |
Furonteer Technical Analysis
Furonteer's future price can be derived by breaking down and analyzing its technical indicators over time. Furonteer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Furonteer. In general, you should focus on analyzing Furonteer Stock price patterns and their correlations with different microeconomic environments and drivers.
Furonteer Predictive Forecast Models
Furonteer's time-series forecasting models is one of many Furonteer'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 Furonteer'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 Furonteer
Checking the ongoing alerts about Furonteer for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Furonteer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Furonteer 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 Furonteer information on this page should be used as a complementary analysis to other Furonteer'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Furonteer Stock analysis
When running Furonteer's price analysis, check to measure Furonteer'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 Furonteer is operating at the current time. Most of Furonteer's value examination focuses on studying past and present price action to predict the probability of Furonteer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Furonteer's price. Additionally, you may evaluate how the addition of Furonteer to your portfolios can decrease your overall portfolio volatility.
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