Daejoo (Korea) Chance of Future Stock Price Finishing Under 1255.28
| 003310 Stock | KRW 1,369 4.00 0.29% |
Daejoo |
Daejoo Target Price Odds to finish below 1255.28
The tendency of Daejoo 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 1,255 or more in 90 days |
| 1,369 | 90 days | 1,255 | near 1 |
Based on a normal probability distribution, the odds of Daejoo to drop to W 1,255 or more in 90 days from now is near 1 (This Daejoo Inc probability density function shows the probability of Daejoo Stock to fall within a particular range of prices over 90 days) . Probability of Daejoo Inc price to stay between W 1,255 and its current price of W1369.0 at the end of the 90-day period is about 16.91 .
Assuming the 90 days trading horizon Daejoo Inc has a beta of -0.0372. This suggests as returns on the benchmark increase, returns on holding Daejoo are expected to decrease at a much lower rate. During a bear market, however, Daejoo Inc is likely to outperform the market. Additionally Daejoo Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Daejoo Price Density |
| Price |
Predictive Modules for Daejoo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daejoo Inc. 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.Daejoo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daejoo is not an exception. The market had few large corrections towards the Daejoo'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 Daejoo Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daejoo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 43.53 | |
Ir | Information ratio | -0.12 |
Daejoo 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 Daejoo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Daejoo Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Daejoo Inc generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are owned by insiders or employees |
Daejoo 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 Daejoo Stock often depends not only on the future outlook of the current and potential Daejoo'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. Daejoo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.4 M | |
| Cash And Short Term Investments | 1.6 B |
Daejoo Technical Analysis
Daejoo's future price can be derived by breaking down and analyzing its technical indicators over time. Daejoo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daejoo Inc. In general, you should focus on analyzing Daejoo Stock price patterns and their correlations with different microeconomic environments and drivers.
Daejoo Predictive Forecast Models
Daejoo's time-series forecasting models is one of many Daejoo'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 Daejoo'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 Daejoo Inc
Checking the ongoing alerts about Daejoo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Daejoo Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Daejoo Inc generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Daejoo Stock
Daejoo financial ratios help investors to determine whether Daejoo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Daejoo with respect to the benefits of owning Daejoo security.