Iljin Display (Korea) Probability of Future Stock Price Finishing Over 821.64
| 020760 Stock | 857.00 1.00 0.12% |
Iljin |
Iljin Display Target Price Odds to finish over 821.64
The tendency of Iljin 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 stay above 821.64 in 90 days |
| 857.00 | 90 days | 821.64 | roughly 97.0 |
Based on a normal probability distribution, the odds of Iljin Display to stay above 821.64 in 90 days from now is roughly 97.0 (This Iljin Display probability density function shows the probability of Iljin Stock to fall within a particular range of prices over 90 days) . Probability of Iljin Display price to stay between 821.64 and its current price of 857.0 at the end of the 90-day period is about 5.25 .
Assuming the 90 days trading horizon Iljin Display has a beta of 0.27. This suggests as returns on the market go up, Iljin Display average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iljin Display will be expected to be much smaller as well. Additionally Iljin Display 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. Iljin Display Price Density |
| Price |
Predictive Modules for Iljin Display
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iljin Display. 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.Iljin Display Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iljin Display is not an exception. The market had few large corrections towards the Iljin Display'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 Iljin Display, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iljin Display within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 74.28 | |
Ir | Information ratio | -0.45 |
Iljin Display 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 Iljin Display for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iljin Display can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iljin Display generated a negative expected return over the last 90 days | |
| The company reported the revenue of 101.44 B. Net Loss for the year was (43.67 B) with loss before overhead, payroll, taxes, and interest of (24.27 B). | |
| Iljin Display generates negative cash flow from operations | |
| About 43.0% of the company shares are owned by insiders or employees |
Iljin Display 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 Iljin Stock often depends not only on the future outlook of the current and potential Iljin Display'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. Iljin Display's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.5 M |
Iljin Display Technical Analysis
Iljin Display's future price can be derived by breaking down and analyzing its technical indicators over time. Iljin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iljin Display. In general, you should focus on analyzing Iljin Stock price patterns and their correlations with different microeconomic environments and drivers.
Iljin Display Predictive Forecast Models
Iljin Display's time-series forecasting models is one of many Iljin Display'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 Iljin Display'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 Iljin Display
Checking the ongoing alerts about Iljin Display for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iljin Display help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iljin Display generated a negative expected return over the last 90 days | |
| The company reported the revenue of 101.44 B. Net Loss for the year was (43.67 B) with loss before overhead, payroll, taxes, and interest of (24.27 B). | |
| Iljin Display generates negative cash flow from operations | |
| About 43.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Iljin Stock
Iljin Display financial ratios help investors to determine whether Iljin 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 Iljin with respect to the benefits of owning Iljin Display security.