Humax Holdings (Korea) Probability of Future Stock Price Finishing Under 2,935
| 028080 Stock | KRW 2,030 161.00 8.61% |
Humax |
Humax Holdings Target Price Odds to finish below 2,935
The tendency of Humax 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 |
| 2,030 | 90 days | 2,030 | roughly 2.62 |
Based on a normal probability distribution, the odds of Humax Holdings to move below current price in 90 days from now is roughly 2.62 (This Humax Holdings Co probability density function shows the probability of Humax Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Humax Holdings Co has a beta of -0.34. This suggests as returns on the benchmark increase, returns on holding Humax Holdings are expected to decrease at a much lower rate. During a bear market, however, Humax Holdings Co is likely to outperform the market. Additionally Humax Holdings Co 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. Humax Holdings Price Density |
| Price |
Predictive Modules for Humax Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humax Holdings. 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.Humax Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Humax Holdings is not an exception. The market had few large corrections towards the Humax Holdings' 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 Humax Holdings Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Humax Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 382.32 | |
Ir | Information ratio | -0.12 |
Humax Holdings 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 Humax Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Humax Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Humax Holdings generated a negative expected return over the last 90 days | |
| Humax Holdings has high historical volatility and very poor performance | |
| Humax Holdings Co has accumulated 144.22 B in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Humax Holdings has a current ratio of 0.7, 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 Humax Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Humax Holdings' 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 Humax Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Humax to invest in growth at high rates of return. When we think about Humax Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.76 B. Net Loss for the year was (20.95 B) with profit before overhead, payroll, taxes, and interest of 4.46 B. | |
| About 53.0% of Humax Holdings shares are owned by insiders or employees |
Humax Holdings 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 Humax Stock often depends not only on the future outlook of the current and potential Humax Holdings' 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. Humax Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 117.6 B | |
| Shares Float | 4.2 M |
Humax Holdings Technical Analysis
Humax Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Humax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Humax Holdings Co. In general, you should focus on analyzing Humax Stock price patterns and their correlations with different microeconomic environments and drivers.
Humax Holdings Predictive Forecast Models
Humax Holdings' time-series forecasting models is one of many Humax Holdings' 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 Humax Holdings' 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 Humax Holdings
Checking the ongoing alerts about Humax Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Humax Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Humax Holdings generated a negative expected return over the last 90 days | |
| Humax Holdings has high historical volatility and very poor performance | |
| Humax Holdings Co has accumulated 144.22 B in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Humax Holdings has a current ratio of 0.7, 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 Humax Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Humax Holdings' 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 Humax Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Humax to invest in growth at high rates of return. When we think about Humax Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.76 B. Net Loss for the year was (20.95 B) with profit before overhead, payroll, taxes, and interest of 4.46 B. | |
| About 53.0% of Humax Holdings shares are owned by insiders or employees |
Other Information on Investing in Humax Stock
Humax Holdings financial ratios help investors to determine whether Humax 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 Humax with respect to the benefits of owning Humax Holdings security.