Kyung Chang (Korea) Probability of Future Stock Price Finishing Over 2000.00
| 024910 Stock | KRW 2,000 50.00 2.44% |
Kyung |
Kyung Chang Target Price Odds to finish over 2000.00
The tendency of Kyung 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 above the current price in 90 days |
| 2,000 | 90 days | 2,000 | roughly 97.0 |
Based on a normal probability distribution, the odds of Kyung Chang to move above the current price in 90 days from now is roughly 97.0 (This Kyung Chang Industrial probability density function shows the probability of Kyung Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kyung Chang Industrial has a beta of -0.0579. This suggests as returns on the benchmark increase, returns on holding Kyung Chang are expected to decrease at a much lower rate. During a bear market, however, Kyung Chang Industrial is likely to outperform the market. Additionally Kyung Chang Industrial 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. Kyung Chang Price Density |
| Price |
Predictive Modules for Kyung Chang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kyung Chang Industrial. 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.Kyung Chang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kyung Chang is not an exception. The market had few large corrections towards the Kyung Chang'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 Kyung Chang Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kyung Chang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 108.42 | |
Ir | Information ratio | -0.19 |
Kyung Chang 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 Kyung Chang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kyung Chang Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kyung Chang generated a negative expected return over the last 90 days | |
| Kyung Chang has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Kyung Chang Industrial has accumulated 98.16 B in total debt with debt to equity ratio (D/E) of 221.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Kyung Chang Industrial has a current ratio of 0.57, 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 Kyung Chang until it has trouble settling it off, either with new capital or with free cash flow. So, Kyung Chang'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 Kyung Chang Industrial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kyung to invest in growth at high rates of return. When we think about Kyung Chang's use of debt, we should always consider it together with cash and equity. | |
| About 50.0% of Kyung Chang shares are owned by insiders or employees |
Kyung Chang 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 Kyung Stock often depends not only on the future outlook of the current and potential Kyung Chang'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. Kyung Chang's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.6 M | |
| Cash And Short Term Investments | 43.9 B | |
| Shares Float | 17.3 M |
Kyung Chang Technical Analysis
Kyung Chang's future price can be derived by breaking down and analyzing its technical indicators over time. Kyung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kyung Chang Industrial. In general, you should focus on analyzing Kyung Stock price patterns and their correlations with different microeconomic environments and drivers.
Kyung Chang Predictive Forecast Models
Kyung Chang's time-series forecasting models is one of many Kyung Chang'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 Kyung Chang'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 Kyung Chang Industrial
Checking the ongoing alerts about Kyung Chang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kyung Chang Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kyung Chang generated a negative expected return over the last 90 days | |
| Kyung Chang has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Kyung Chang Industrial has accumulated 98.16 B in total debt with debt to equity ratio (D/E) of 221.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Kyung Chang Industrial has a current ratio of 0.57, 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 Kyung Chang until it has trouble settling it off, either with new capital or with free cash flow. So, Kyung Chang'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 Kyung Chang Industrial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kyung to invest in growth at high rates of return. When we think about Kyung Chang's use of debt, we should always consider it together with cash and equity. | |
| About 50.0% of Kyung Chang shares are owned by insiders or employees |
Other Information on Investing in Kyung Stock
Kyung Chang financial ratios help investors to determine whether Kyung 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 Kyung with respect to the benefits of owning Kyung Chang security.