DukSan Neolux (Korea) Probability of Future Stock Price Finishing Under 38800.0
| 213420 Stock | KRW 37,450 550.00 1.49% |
DukSan |
DukSan Neolux Target Price Odds to finish below 38800.0
The tendency of DukSan 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 stay under W 38,800 after 90 days |
| 37,450 | 90 days | 38,800 | about 65.76 |
Based on a normal probability distribution, the odds of DukSan Neolux to stay under W 38,800 after 90 days from now is about 65.76 (This DukSan Neolux CoLtd probability density function shows the probability of DukSan Stock to fall within a particular range of prices over 90 days) . Probability of DukSan Neolux CoLtd price to stay between its current price of W 37,450 and W 38,800 at the end of the 90-day period is about 34.9 .
Assuming the 90 days trading horizon DukSan Neolux CoLtd has a beta of -0.0136. This suggests as returns on the benchmark increase, returns on holding DukSan Neolux are expected to decrease at a much lower rate. During a bear market, however, DukSan Neolux CoLtd is likely to outperform the market. Additionally DukSan Neolux CoLtd has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. DukSan Neolux Price Density |
| Price |
Predictive Modules for DukSan Neolux
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DukSan Neolux CoLtd. 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 DukSan Neolux'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.
DukSan Neolux Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DukSan Neolux is not an exception. The market had few large corrections towards the DukSan Neolux'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 DukSan Neolux CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DukSan Neolux within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | -0.01 | |
σ | Overall volatility | 1,491 | |
Ir | Information ratio | -0.06 |
DukSan Neolux 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 DukSan Neolux for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DukSan Neolux CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DukSan Neolux CoLtd generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees |
DukSan Neolux 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 DukSan Stock often depends not only on the future outlook of the current and potential DukSan Neolux'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. DukSan Neolux's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.8 M | |
| Cash And Short Term Investments | 133.6 B | |
| Shares Float | 10.3 M |
DukSan Neolux Technical Analysis
DukSan Neolux's future price can be derived by breaking down and analyzing its technical indicators over time. DukSan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DukSan Neolux CoLtd. In general, you should focus on analyzing DukSan Stock price patterns and their correlations with different microeconomic environments and drivers.
DukSan Neolux Predictive Forecast Models
DukSan Neolux's time-series forecasting models is one of many DukSan Neolux'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 DukSan Neolux'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 DukSan Neolux CoLtd
Checking the ongoing alerts about DukSan Neolux for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DukSan Neolux CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DukSan Neolux CoLtd generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees |
Check out DukSan Neolux Backtesting, DukSan Neolux Valuation, DukSan Neolux Correlation, DukSan Neolux Hype Analysis, DukSan Neolux Volatility, DukSan Neolux History as well as DukSan Neolux Performance. Note that the DukSan Neolux CoLtd information on this page should be used as a complementary analysis to other DukSan Neolux'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for DukSan Stock analysis
When running DukSan Neolux's price analysis, check to measure DukSan Neolux'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 DukSan Neolux is operating at the current time. Most of DukSan Neolux's value examination focuses on studying past and present price action to predict the probability of DukSan Neolux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DukSan Neolux's price. Additionally, you may evaluate how the addition of DukSan Neolux to your portfolios can decrease your overall portfolio volatility.
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