Tae Kwang (Korea) Probability of Future Stock Price Finishing Under 14530.0
| 023160 Stock | KRW 16,640 140.00 0.85% |
Tae |
Tae Kwang Target Price Odds to finish below 14530.0
The tendency of Tae 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 14,530 or more in 90 days |
| 16,640 | 90 days | 14,530 | about 77.96 |
Based on a normal probability distribution, the odds of Tae Kwang to drop to W 14,530 or more in 90 days from now is about 77.96 (This Tae Kwang probability density function shows the probability of Tae Stock to fall within a particular range of prices over 90 days) . Probability of Tae Kwang price to stay between W 14,530 and its current price of W16640.0 at the end of the 90-day period is about 21.82 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.16 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tae Kwang will likely underperform. Additionally Tae Kwang has an alpha of 0.1159, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tae Kwang Price Density |
| Price |
Predictive Modules for Tae Kwang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tae Kwang. 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.Tae Kwang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tae Kwang is not an exception. The market had few large corrections towards the Tae Kwang'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 Tae Kwang, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tae Kwang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 869.36 | |
Ir | Information ratio | 0.04 |
Tae Kwang 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 Tae Kwang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tae Kwang can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tae Kwang had very high historical volatility over the last 90 days | |
| The company reported the revenue of 186.95 B. Net Loss for the year was (3.77 B) with profit before overhead, payroll, taxes, and interest of 18.98 B. | |
| About 46.0% of the company shares are owned by insiders or employees |
Tae Kwang 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 Tae Stock often depends not only on the future outlook of the current and potential Tae Kwang'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. Tae Kwang's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 13.8M | |
| Average Daily Volume Last 10 Day | 123.29k | |
| Average Daily Volume In Three Month | 225.34k |
Tae Kwang Technical Analysis
Tae Kwang's future price can be derived by breaking down and analyzing its technical indicators over time. Tae Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tae Kwang. In general, you should focus on analyzing Tae Stock price patterns and their correlations with different microeconomic environments and drivers.
Tae Kwang Predictive Forecast Models
Tae Kwang's time-series forecasting models is one of many Tae Kwang'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 Tae Kwang'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 Tae Kwang
Checking the ongoing alerts about Tae Kwang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tae Kwang help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tae Kwang had very high historical volatility over the last 90 days | |
| The company reported the revenue of 186.95 B. Net Loss for the year was (3.77 B) with profit before overhead, payroll, taxes, and interest of 18.98 B. | |
| About 46.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Tae Stock
Tae Kwang financial ratios help investors to determine whether Tae 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 Tae with respect to the benefits of owning Tae Kwang security.