SHINWON STRUCTION (Korea) Probability of Future Stock Price Finishing Under 2,806
| 017000 Stock | KRW 2,795 105.00 3.62% |
SHINWON |
SHINWON STRUCTION Target Price Odds to finish below 2,806
The tendency of SHINWON 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 below current price in 90 days |
| 2,795 | 90 days | 2,795 | nearly 4.65 |
Based on a normal probability distribution, the odds of SHINWON STRUCTION to move below current price in 90 days from now is nearly 4.65 (This SHINWON STRUCTION COMPANY probability density function shows the probability of SHINWON Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SHINWON STRUCTION COMPANY has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding SHINWON STRUCTION are expected to decrease at a much lower rate. During a bear market, however, SHINWON STRUCTION COMPANY is likely to outperform the market. Additionally SHINWON STRUCTION COMPANY 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. SHINWON STRUCTION Price Density |
| Price |
Predictive Modules for SHINWON STRUCTION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SHINWON STRUCTION PANY. 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.SHINWON STRUCTION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SHINWON STRUCTION is not an exception. The market had few large corrections towards the SHINWON STRUCTION'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 SHINWON STRUCTION COMPANY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SHINWON STRUCTION within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 301.59 | |
Ir | Information ratio | -0.12 |
SHINWON STRUCTION 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 SHINWON STRUCTION for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SHINWON STRUCTION PANY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SHINWON STRUCTION generated a negative expected return over the last 90 days | |
| SHINWON STRUCTION has high historical volatility and very poor performance | |
| SHINWON STRUCTION COMPANY has accumulated about 28.81 B in cash with (11.34 B) of positive cash flow from operations. | |
| Roughly 17.0% of the company shares are owned by insiders or employees |
SHINWON STRUCTION 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 SHINWON Stock often depends not only on the future outlook of the current and potential SHINWON STRUCTION'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. SHINWON STRUCTION's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.2 M | |
| Cash And Short Term Investments | 28.8 B | |
| Shares Float | 7.9 M |
SHINWON STRUCTION Technical Analysis
SHINWON STRUCTION's future price can be derived by breaking down and analyzing its technical indicators over time. SHINWON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SHINWON STRUCTION COMPANY. In general, you should focus on analyzing SHINWON Stock price patterns and their correlations with different microeconomic environments and drivers.
SHINWON STRUCTION Predictive Forecast Models
SHINWON STRUCTION's time-series forecasting models is one of many SHINWON STRUCTION'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 SHINWON STRUCTION'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 SHINWON STRUCTION PANY
Checking the ongoing alerts about SHINWON STRUCTION for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SHINWON STRUCTION PANY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SHINWON STRUCTION generated a negative expected return over the last 90 days | |
| SHINWON STRUCTION has high historical volatility and very poor performance | |
| SHINWON STRUCTION COMPANY has accumulated about 28.81 B in cash with (11.34 B) of positive cash flow from operations. | |
| Roughly 17.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SHINWON Stock
SHINWON STRUCTION financial ratios help investors to determine whether SHINWON 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 SHINWON with respect to the benefits of owning SHINWON STRUCTION security.