Kginicis CoLtd (Korea) Probability of Future Stock Price Finishing Over 10920.0
| 035600 Stock | KRW 9,300 100.00 1.09% |
Kginicis |
Kginicis CoLtd Target Price Odds to finish over 10920.0
The tendency of Kginicis 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 over W 10,920 or more in 90 days |
| 9,300 | 90 days | 10,920 | near 1 |
Based on a normal probability distribution, the odds of Kginicis CoLtd to move over W 10,920 or more in 90 days from now is near 1 (This Kginicis CoLtd probability density function shows the probability of Kginicis Stock to fall within a particular range of prices over 90 days) . Probability of Kginicis CoLtd price to stay between its current price of W 9,300 and W 10,920 at the end of the 90-day period is about 66.27 .
Assuming the 90 days trading horizon Kginicis CoLtd has a beta of 0.16. This suggests as returns on the market go up, Kginicis CoLtd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kginicis CoLtd will be expected to be much smaller as well. Additionally Kginicis CoLtd 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. Kginicis CoLtd Price Density |
| Price |
Predictive Modules for Kginicis CoLtd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kginicis CoLtd. 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.Kginicis CoLtd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kginicis CoLtd is not an exception. The market had few large corrections towards the Kginicis CoLtd'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 Kginicis CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kginicis CoLtd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 335.55 | |
Ir | Information ratio | -0.27 |
Kginicis CoLtd 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 Kginicis CoLtd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kginicis CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kginicis CoLtd generated a negative expected return over the last 90 days | |
| Kginicis CoLtd has accumulated 250.41 B in total debt with debt to equity ratio (D/E) of 0.76, which is about average as compared to similar companies. Kginicis CoLtd has a current ratio of 0.93, 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 Kginicis CoLtd until it has trouble settling it off, either with new capital or with free cash flow. So, Kginicis CoLtd'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 Kginicis CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kginicis to invest in growth at high rates of return. When we think about Kginicis CoLtd's use of debt, we should always consider it together with cash and equity. | |
| About 41.0% of Kginicis CoLtd shares are owned by insiders or employees |
Kginicis CoLtd 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 Kginicis Stock often depends not only on the future outlook of the current and potential Kginicis CoLtd'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. Kginicis CoLtd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.6 M | |
| Cash And Short Term Investments | 297 B |
Kginicis CoLtd Technical Analysis
Kginicis CoLtd's future price can be derived by breaking down and analyzing its technical indicators over time. Kginicis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kginicis CoLtd. In general, you should focus on analyzing Kginicis Stock price patterns and their correlations with different microeconomic environments and drivers.
Kginicis CoLtd Predictive Forecast Models
Kginicis CoLtd's time-series forecasting models is one of many Kginicis CoLtd'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 Kginicis CoLtd'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 Kginicis CoLtd
Checking the ongoing alerts about Kginicis CoLtd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kginicis CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kginicis CoLtd generated a negative expected return over the last 90 days | |
| Kginicis CoLtd has accumulated 250.41 B in total debt with debt to equity ratio (D/E) of 0.76, which is about average as compared to similar companies. Kginicis CoLtd has a current ratio of 0.93, 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 Kginicis CoLtd until it has trouble settling it off, either with new capital or with free cash flow. So, Kginicis CoLtd'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 Kginicis CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kginicis to invest in growth at high rates of return. When we think about Kginicis CoLtd's use of debt, we should always consider it together with cash and equity. | |
| About 41.0% of Kginicis CoLtd shares are owned by insiders or employees |
Other Information on Investing in Kginicis Stock
Kginicis CoLtd financial ratios help investors to determine whether Kginicis 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 Kginicis with respect to the benefits of owning Kginicis CoLtd security.