BYON Co (Korea) Odds of Future Stock Price Finishing Over 936.0
| 032980 Stock | KRW 877.00 29.00 3.20% |
BYON |
BYON Co Target Price Odds to finish over 936.0
The tendency of BYON 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 over W 936.00 or more in 90 days |
| 877.00 | 90 days | 936.00 | about 72.84 |
Based on a normal probability distribution, the odds of BYON Co to move over W 936.00 or more in 90 days from now is about 72.84 (This BYON Co probability density function shows the probability of BYON Stock to fall within a particular range of prices over 90 days) . Probability of BYON Co price to stay between its current price of W 877.00 and W 936.00 at the end of the 90-day period is about 14.03 .
Assuming the 90 days trading horizon BYON Co has a beta of 0.034. This suggests as returns on the market go up, BYON Co average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BYON Co will be expected to be much smaller as well. Additionally BYON Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. BYON Co Price Density |
| Price |
Predictive Modules for BYON Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BYON Co. 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 BYON Co'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.
BYON Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BYON Co is not an exception. The market had few large corrections towards the BYON Co'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 BYON Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BYON Co within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.23 | |
β | Beta against NYSE Composite | 0.03 | |
σ | Overall volatility | 115.19 | |
Ir | Information ratio | -0.07 |
BYON Co 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 BYON Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BYON Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BYON Co generated a negative expected return over the last 90 days | |
| BYON Co has high historical volatility and very poor performance | |
| The company reported the revenue of 13.61 B. Net Loss for the year was (13.21 B) with profit before overhead, payroll, taxes, and interest of 1.31 B. | |
| BYON Co has accumulated about 12.2 B in cash with (7.22 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 193.34. |
BYON Co Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of BYON Stock often depends not only on the future outlook of the current and potential BYON Co'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. BYON Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.4 M | |
| Cash And Short Term Investments | 12.2 B |
BYON Co Technical Analysis
BYON Co's future price can be derived by breaking down and analyzing its technical indicators over time. BYON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BYON Co. In general, you should focus on analyzing BYON Stock price patterns and their correlations with different microeconomic environments and drivers.
BYON Co Predictive Forecast Models
BYON Co's time-series forecasting models is one of many BYON Co'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 BYON Co'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 BYON Co
Checking the ongoing alerts about BYON Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BYON Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BYON Co generated a negative expected return over the last 90 days | |
| BYON Co has high historical volatility and very poor performance | |
| The company reported the revenue of 13.61 B. Net Loss for the year was (13.21 B) with profit before overhead, payroll, taxes, and interest of 1.31 B. | |
| BYON Co has accumulated about 12.2 B in cash with (7.22 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 193.34. |
Check out BYON Co Backtesting, BYON Co Valuation, BYON Co Correlation, BYON Co Hype Analysis, BYON Co Volatility, BYON Co History as well as BYON Co Performance. Note that the BYON Co information on this page should be used as a complementary analysis to other BYON Co'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for BYON Stock analysis
When running BYON Co's price analysis, check to measure BYON Co'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 BYON Co is operating at the current time. Most of BYON Co's value examination focuses on studying past and present price action to predict the probability of BYON Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYON Co's price. Additionally, you may evaluate how the addition of BYON Co to your portfolios can decrease your overall portfolio volatility.
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