Ecoplastic (Korea) Probability of Future Stock Price Finishing Under 2,394
| 038110 Stock | KRW 2,545 75.00 3.04% |
Ecoplastic |
Ecoplastic Target Price Odds to finish below 2,394
The tendency of Ecoplastic 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 |
| 2,545 | 90 days | 2,545 | about 5.88 |
Based on a normal probability distribution, the odds of Ecoplastic to move below current price in 90 days from now is about 5.88 (This Ecoplastic probability density function shows the probability of Ecoplastic Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Ecoplastic has a beta of 0.15. This suggests as returns on the market go up, Ecoplastic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ecoplastic will be expected to be much smaller as well. Additionally Ecoplastic 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. Ecoplastic Price Density |
| Price |
Predictive Modules for Ecoplastic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ecoplastic. 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.Ecoplastic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ecoplastic is not an exception. The market had few large corrections towards the Ecoplastic'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 Ecoplastic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ecoplastic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 267.84 | |
Ir | Information ratio | -0.3 |
Ecoplastic 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 Ecoplastic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ecoplastic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ecoplastic generated a negative expected return over the last 90 days | |
| Ecoplastic has accumulated 37.59 B in total debt with debt to equity ratio (D/E) of 1.94, which is about average as compared to similar companies. Ecoplastic has a current ratio of 0.56, 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 Ecoplastic until it has trouble settling it off, either with new capital or with free cash flow. So, Ecoplastic'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 Ecoplastic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ecoplastic to invest in growth at high rates of return. When we think about Ecoplastic's use of debt, we should always consider it together with cash and equity. | |
| Ecoplastic has accumulated about 8.2 B in cash with (1.72 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 429.98. | |
| Roughly 21.0% of Ecoplastic shares are owned by insiders or employees |
Ecoplastic 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 Ecoplastic Stock often depends not only on the future outlook of the current and potential Ecoplastic'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. Ecoplastic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.2 M | |
| Cash And Short Term Investments | 8.4 B |
Ecoplastic Technical Analysis
Ecoplastic's future price can be derived by breaking down and analyzing its technical indicators over time. Ecoplastic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ecoplastic. In general, you should focus on analyzing Ecoplastic Stock price patterns and their correlations with different microeconomic environments and drivers.
Ecoplastic Predictive Forecast Models
Ecoplastic's time-series forecasting models is one of many Ecoplastic'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 Ecoplastic'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 Ecoplastic
Checking the ongoing alerts about Ecoplastic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ecoplastic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ecoplastic generated a negative expected return over the last 90 days | |
| Ecoplastic has accumulated 37.59 B in total debt with debt to equity ratio (D/E) of 1.94, which is about average as compared to similar companies. Ecoplastic has a current ratio of 0.56, 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 Ecoplastic until it has trouble settling it off, either with new capital or with free cash flow. So, Ecoplastic'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 Ecoplastic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ecoplastic to invest in growth at high rates of return. When we think about Ecoplastic's use of debt, we should always consider it together with cash and equity. | |
| Ecoplastic has accumulated about 8.2 B in cash with (1.72 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 429.98. | |
| Roughly 21.0% of Ecoplastic shares are owned by insiders or employees |
Other Information on Investing in Ecoplastic Stock
Ecoplastic financial ratios help investors to determine whether Ecoplastic 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 Ecoplastic with respect to the benefits of owning Ecoplastic security.