Woori Technology (Korea) Probability of Future Stock Price Finishing Over 1,518
| 032820 Stock | KRW 1,661 5.00 0.30% |
Woori |
Woori Technology Target Price Odds to finish over 1,518
The tendency of Woori 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 |
| 1,661 | 90 days | 1,661 | close to 99 |
Based on a normal probability distribution, the odds of Woori Technology to move above the current price in 90 days from now is close to 99 (This Woori Technology probability density function shows the probability of Woori Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Woori Technology has a beta of 0.57. This suggests as returns on the market go up, Woori Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Woori Technology will be expected to be much smaller as well. Additionally Woori Technology 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. Woori Technology Price Density |
| Price |
Predictive Modules for Woori Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Woori Technology. 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.Woori Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woori Technology is not an exception. The market had few large corrections towards the Woori Technology'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 Woori Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woori Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.49 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 161.83 | |
Ir | Information ratio | -0.14 |
Woori Technology 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 Woori Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Woori Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Woori Technology generated a negative expected return over the last 90 days | |
| Woori Technology has high historical volatility and very poor performance | |
| Woori Technology has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Woori Technology has accumulated 11.24 B in total debt with debt to equity ratio (D/E) of 153.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Woori Technology has a current ratio of 0.74, 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 Woori Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Woori Technology'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 Woori Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Woori to invest in growth at high rates of return. When we think about Woori Technology's use of debt, we should always consider it together with cash and equity. |
Woori Technology 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 Woori Stock often depends not only on the future outlook of the current and potential Woori Technology'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. Woori Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 143 M | |
| Cash And Short Term Investments | 29.9 B |
Woori Technology Technical Analysis
Woori Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Woori Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woori Technology. In general, you should focus on analyzing Woori Stock price patterns and their correlations with different microeconomic environments and drivers.
Woori Technology Predictive Forecast Models
Woori Technology's time-series forecasting models is one of many Woori Technology'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 Woori Technology'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 Woori Technology
Checking the ongoing alerts about Woori Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Woori Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Woori Technology generated a negative expected return over the last 90 days | |
| Woori Technology has high historical volatility and very poor performance | |
| Woori Technology has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Woori Technology has accumulated 11.24 B in total debt with debt to equity ratio (D/E) of 153.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Woori Technology has a current ratio of 0.74, 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 Woori Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Woori Technology'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 Woori Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Woori to invest in growth at high rates of return. When we think about Woori Technology's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Woori Stock
Woori Technology financial ratios help investors to determine whether Woori 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 Woori with respect to the benefits of owning Woori Technology security.