HansBiomed (Korea) Probability of Future Stock Price Finishing Under 13240.0
| 042520 Stock | KRW 13,310 420.00 3.26% |
HansBiomed |
HansBiomed Target Price Odds to finish below 13240.0
The tendency of HansBiomed 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 drop to W 13,240 or more in 90 days |
| 13,310 | 90 days | 13,240 | about 49.55 |
Based on a normal probability distribution, the odds of HansBiomed to drop to W 13,240 or more in 90 days from now is about 49.55 (This HansBiomed probability density function shows the probability of HansBiomed Stock to fall within a particular range of prices over 90 days) . Probability of HansBiomed price to stay between W 13,240 and its current price of W13310.0 at the end of the 90-day period is roughly 2.17 .
Assuming the 90 days trading horizon HansBiomed has a beta of 0.11. This suggests as returns on the market go up, HansBiomed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HansBiomed will be expected to be much smaller as well. Additionally HansBiomed has an alpha of 0.1831, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). HansBiomed Price Density |
| Price |
Predictive Modules for HansBiomed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HansBiomed. 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 HansBiomed'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.
HansBiomed Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HansBiomed is not an exception. The market had few large corrections towards the HansBiomed'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 HansBiomed, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HansBiomed within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | 0.11 | |
σ | Overall volatility | 1,286 | |
Ir | Information ratio | 0.03 |
HansBiomed 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 HansBiomed for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HansBiomed can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HansBiomed had very high historical volatility over the last 90 days | |
| HansBiomed has accumulated about 7.52 B in cash with (4.27 B) of positive cash flow from operations. | |
| Roughly 28.0% of the company shares are owned by insiders or employees |
HansBiomed 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 HansBiomed Stock often depends not only on the future outlook of the current and potential HansBiomed'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. HansBiomed's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.6 M | |
| Cash And Short Term Investments | 15 B |
HansBiomed Technical Analysis
HansBiomed's future price can be derived by breaking down and analyzing its technical indicators over time. HansBiomed Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HansBiomed. In general, you should focus on analyzing HansBiomed Stock price patterns and their correlations with different microeconomic environments and drivers.
HansBiomed Predictive Forecast Models
HansBiomed's time-series forecasting models is one of many HansBiomed'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 HansBiomed'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 HansBiomed
Checking the ongoing alerts about HansBiomed for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HansBiomed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HansBiomed had very high historical volatility over the last 90 days | |
| HansBiomed has accumulated about 7.52 B in cash with (4.27 B) of positive cash flow from operations. | |
| Roughly 28.0% of the company shares are owned by insiders or employees |
Check out HansBiomed Backtesting, HansBiomed Valuation, HansBiomed Correlation, HansBiomed Hype Analysis, HansBiomed Volatility, HansBiomed History as well as HansBiomed Performance. Note that the HansBiomed information on this page should be used as a complementary analysis to other HansBiomed'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for HansBiomed Stock analysis
When running HansBiomed's price analysis, check to measure HansBiomed'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 HansBiomed is operating at the current time. Most of HansBiomed's value examination focuses on studying past and present price action to predict the probability of HansBiomed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HansBiomed's price. Additionally, you may evaluate how the addition of HansBiomed to your portfolios can decrease your overall portfolio volatility.
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