Posco Holdings Stock Probability of Future Stock Price Finishing Over 71.6
| PKX Stock | USD 70.56 0.22 0.31% |
Closest to current price POSCO long CALL Option Payoff at Expiration
POSCO |
POSCO Holdings Target Price Odds to finish over 71.6
The tendency of POSCO 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 $ 71.60 or more in 90 days |
| 70.56 | 90 days | 71.60 | about 83.51 |
Based on a normal probability distribution, the odds of POSCO Holdings to move over $ 71.60 or more in 90 days from now is about 83.51 (This POSCO Holdings probability density function shows the probability of POSCO Stock to fall within a particular range of prices over 90 days) . Probability of POSCO Holdings price to stay between its current price of $ 70.56 and $ 71.60 at the end of the 90-day period is nearly 4.91 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.75 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, POSCO Holdings will likely underperform. Additionally POSCO Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. POSCO Holdings Price Density |
| Price |
Predictive Modules for POSCO Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as POSCO Holdings. 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 POSCO Holdings' 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.
POSCO Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. POSCO Holdings is not an exception. The market had few large corrections towards the POSCO Holdings' 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 POSCO Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of POSCO Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.28 | |
β | Beta against NYSE Composite | 1.75 | |
σ | Overall volatility | 4.69 | |
Ir | Information ratio | -0.14 |
POSCO Holdings 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 POSCO Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for POSCO Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| POSCO Holdings generated a negative expected return over the last 90 days | |
| On 26th of April 2024 POSCO Holdings paid $ 0.4726 per share dividend to its current shareholders | |
| Latest headline from raskmedia.com.au: In 2024, Im looking at the COL share price |
POSCO Holdings 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 POSCO Stock often depends not only on the future outlook of the current and potential POSCO Holdings' 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. POSCO Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.9 M | |
| Cash And Short Term Investments | 13.5 T |
POSCO Holdings Technical Analysis
POSCO Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. POSCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of POSCO Holdings. In general, you should focus on analyzing POSCO Stock price patterns and their correlations with different microeconomic environments and drivers.
POSCO Holdings Predictive Forecast Models
POSCO Holdings' time-series forecasting models is one of many POSCO Holdings' 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 POSCO Holdings' 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 POSCO Holdings
Checking the ongoing alerts about POSCO Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for POSCO Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| POSCO Holdings generated a negative expected return over the last 90 days | |
| On 26th of April 2024 POSCO Holdings paid $ 0.4726 per share dividend to its current shareholders | |
| Latest headline from raskmedia.com.au: In 2024, Im looking at the COL share price |
Check out POSCO Holdings Backtesting, POSCO Holdings Valuation, POSCO Holdings Correlation, POSCO Holdings Hype Analysis, POSCO Holdings Volatility, POSCO Holdings History as well as POSCO Holdings Performance. For more information on how to buy POSCO Stock please use our How to Invest in POSCO Holdings guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for POSCO Stock analysis
When running POSCO Holdings' price analysis, check to measure POSCO Holdings' 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 POSCO Holdings is operating at the current time. Most of POSCO Holdings' value examination focuses on studying past and present price action to predict the probability of POSCO Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSCO Holdings' price. Additionally, you may evaluate how the addition of POSCO Holdings to your portfolios can decrease your overall portfolio volatility.
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Is POSCO Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of POSCO Holdings. If investors know POSCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about POSCO Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Dividend Share 12.5 K | Earnings Share 3.7 | Revenue Per Share 62.9 K | Quarterly Revenue Growth (0.07) |
The market value of POSCO Holdings is measured differently than its book value, which is the value of POSCO that is recorded on the company's balance sheet. Investors also form their own opinion of POSCO Holdings' value that differs from its market value or its book value, called intrinsic value, which is POSCO Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because POSCO Holdings' market value can be influenced by many factors that don't directly affect POSCO Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between POSCO Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if POSCO Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, POSCO Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.