Jeil Steel (Korea) Probability of Future Stock Price Finishing Over 1682.0
| 023440 Stock | KRW 1,878 12.00 0.63% |
Jeil |
Jeil Steel Target Price Odds to finish over 1682.0
The tendency of Jeil 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 W 1,682 in 90 days |
| 1,878 | 90 days | 1,682 | about 40.05 |
Based on a normal probability distribution, the odds of Jeil Steel to stay above W 1,682 in 90 days from now is about 40.05 (This Jeil Steel Mfg probability density function shows the probability of Jeil Stock to fall within a particular range of prices over 90 days) . Probability of Jeil Steel Mfg price to stay between W 1,682 and its current price of W1878.0 at the end of the 90-day period is about 23.43 .
Assuming the 90 days trading horizon Jeil Steel Mfg has a beta of -0.3. This suggests as returns on the benchmark increase, returns on holding Jeil Steel are expected to decrease at a much lower rate. During a bear market, however, Jeil Steel Mfg is likely to outperform the market. Additionally Jeil Steel Mfg has an alpha of 0.5282, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jeil Steel Price Density |
| Price |
Predictive Modules for Jeil Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jeil Steel Mfg. 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.Jeil Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jeil Steel is not an exception. The market had few large corrections towards the Jeil Steel'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 Jeil Steel Mfg, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jeil Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 273.28 | |
Ir | Information ratio | 0.09 |
Jeil Steel 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 Jeil Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jeil Steel Mfg can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jeil Steel Mfg appears to be risky and price may revert if volatility continues | |
| Jeil Steel Mfg has accumulated 2.02 B in total debt with debt to equity ratio (D/E) of 0.64, which is about average as compared to similar companies. Jeil Steel Mfg has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Jeil Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Jeil Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jeil Steel Mfg sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jeil to invest in growth at high rates of return. When we think about Jeil Steel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 84.47 B. Net Loss for the year was (1.3 B) with profit before overhead, payroll, taxes, and interest of 81.13 M. | |
| Jeil Steel Mfg has accumulated about 7.89 B in cash with (11.3 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.06. | |
| Roughly 13.0% of Jeil Steel shares are owned by insiders or employees |
Jeil Steel 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 Jeil Stock often depends not only on the future outlook of the current and potential Jeil Steel'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. Jeil Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.4 M | |
| Cash And Short Term Investments | 14.3 B |
Jeil Steel Technical Analysis
Jeil Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Jeil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jeil Steel Mfg. In general, you should focus on analyzing Jeil Stock price patterns and their correlations with different microeconomic environments and drivers.
Jeil Steel Predictive Forecast Models
Jeil Steel's time-series forecasting models is one of many Jeil Steel'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 Jeil Steel'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 Jeil Steel Mfg
Checking the ongoing alerts about Jeil Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jeil Steel Mfg help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jeil Steel Mfg appears to be risky and price may revert if volatility continues | |
| Jeil Steel Mfg has accumulated 2.02 B in total debt with debt to equity ratio (D/E) of 0.64, which is about average as compared to similar companies. Jeil Steel Mfg has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Jeil Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Jeil Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jeil Steel Mfg sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jeil to invest in growth at high rates of return. When we think about Jeil Steel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 84.47 B. Net Loss for the year was (1.3 B) with profit before overhead, payroll, taxes, and interest of 81.13 M. | |
| Jeil Steel Mfg has accumulated about 7.89 B in cash with (11.3 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.06. | |
| Roughly 13.0% of Jeil Steel shares are owned by insiders or employees |
Other Information on Investing in Jeil Stock
Jeil Steel financial ratios help investors to determine whether Jeil 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 Jeil with respect to the benefits of owning Jeil Steel security.