SK Telecom (Korea) Probability of Future Stock Price Finishing Under 57,196
| 017670 Stock | 61,400 100.00 0.16% |
017670 |
SK Telecom Target Price Odds to finish below 57,196
The tendency of 017670 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 |
| 61,400 | 90 days | 61,400 | close to 99 |
Based on a normal probability distribution, the odds of SK Telecom to move below current price in 90 days from now is close to 99 (This SK Telecom Co probability density function shows the probability of 017670 Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SK Telecom has a beta of 0.16. This suggests as returns on the market go up, SK Telecom average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SK Telecom Co will be expected to be much smaller as well. Additionally SK Telecom Co has an alpha of 0.1584, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SK Telecom Price Density |
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Predictive Modules for SK Telecom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SK Telecom. 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.SK Telecom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SK Telecom is not an exception. The market had few large corrections towards the SK Telecom'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 SK Telecom Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SK Telecom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 1,368 | |
Ir | Information ratio | 0.04 |
SK Telecom 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 SK Telecom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SK Telecom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 30.0% of the company shares are owned by insiders or employees |
SK Telecom 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 017670 Stock often depends not only on the future outlook of the current and potential SK Telecom'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. SK Telecom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 217.6 M |
SK Telecom Technical Analysis
SK Telecom's future price can be derived by breaking down and analyzing its technical indicators over time. 017670 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SK Telecom Co. In general, you should focus on analyzing 017670 Stock price patterns and their correlations with different microeconomic environments and drivers.
SK Telecom Predictive Forecast Models
SK Telecom's time-series forecasting models is one of many SK Telecom'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 SK Telecom'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 SK Telecom
Checking the ongoing alerts about SK Telecom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SK Telecom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 30.0% of the company shares are owned by insiders or employees |
Additional Information and Resources on Investing in 017670 Stock
When determining whether SK Telecom is a strong investment it is important to analyze SK Telecom's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SK Telecom's future performance. For an informed investment choice regarding 017670 Stock, refer to the following important reports:Check out SK Telecom Backtesting, SK Telecom Valuation, SK Telecom Correlation, SK Telecom Hype Analysis, SK Telecom Volatility, SK Telecom History as well as SK Telecom Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.