Dongil Technology (Korea) Probability of Future Stock Price Finishing Over 10348.8

032960 Stock  KRW 10,510  180.00  1.68%   
Dongil Technology's future price is the expected price of Dongil Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Dongil Technology performance during a given time horizon utilizing its historical volatility. Check out Dongil Technology Backtesting, Dongil Technology Valuation, Dongil Technology Correlation, Dongil Technology Hype Analysis, Dongil Technology Volatility, Dongil Technology History as well as Dongil Technology Performance.
  
Please specify Dongil Technology's target price for which you would like Dongil Technology odds to be computed.

Dongil Technology Target Price Odds to finish over 10348.8

The tendency of Dongil 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 PriceHorizonTarget PriceOdds to stay above W 10,349  in 90 days
 10,510 90 days 10,349 
close to 99
Based on a normal probability distribution, the odds of Dongil Technology to stay above W 10,349  in 90 days from now is close to 99 (This Dongil Technology probability density function shows the probability of Dongil Stock to fall within a particular range of prices over 90 days) . Probability of Dongil Technology price to stay between W 10,349  and its current price of W10510.0 at the end of the 90-day period is about 1.19 .
Assuming the 90 days trading horizon Dongil Technology has the beta coefficient that is very close to zero. This suggests the returns on DOW JONES INDUSTRIAL and Dongil Technology do not appear to be sensitive. Additionally It does not look like Dongil Technology's alpha can have any bearing on the current valuation.
   Dongil Technology Price Density   
       Price  

Predictive Modules for Dongil 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 Dongil 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.
Hype
Prediction
LowEstimatedHigh
10,50910,51010,511
Details
Intrinsic
Valuation
LowRealHigh
8,6178,61811,561
Details
Naive
Forecast
LowNextHigh
10,38110,38210,383
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10,38810,82511,263
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dongil Technology. Your research has to be compared to or analyzed against Dongil Technology's peers to derive any actionable benefits. When done correctly, Dongil Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dongil Technology.

Dongil Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Dongil Technology is not an exception. The market had few large corrections towards the Dongil 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 Dongil Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dongil Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.00
β
Beta against Dow Jones0.00
σ
Overall volatility
306.14
Ir
Information ratio -0.25

Dongil 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 Dongil Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dongil 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.
Dongil Technology generated a negative expected return over the last 90 days
About 65.0% of the company shares are owned by insiders or employees

Dongil 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 Dongil Stock often depends not only on the future outlook of the current and potential Dongil 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. Dongil Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.6 M
Dividends Paid144 M
Cash And Short Term Investments35.3 B
Shares Float1.2 M

Dongil Technology Technical Analysis

Dongil Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Dongil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dongil Technology. In general, you should focus on analyzing Dongil Stock price patterns and their correlations with different microeconomic environments and drivers.

Dongil Technology Predictive Forecast Models

Dongil Technology's time-series forecasting models is one of many Dongil 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 Dongil 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 Dongil Technology

Checking the ongoing alerts about Dongil Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dongil Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Dongil Technology generated a negative expected return over the last 90 days
About 65.0% of the company shares are owned by insiders or employees

Other Information on Investing in Dongil Stock

Dongil Technology financial ratios help investors to determine whether Dongil 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 Dongil with respect to the benefits of owning Dongil Technology security.