Aurora World (Korea) Probability of Future Stock Price Finishing Under 5590.0
| 039830 Stock | KRW 6,050 220.00 3.77% |
Aurora |
Aurora World Target Price Odds to finish below 5590.0
The tendency of Aurora 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 drop to W 5,590 or more in 90 days |
| 6,050 | 90 days | 5,590 | about 34.87 |
Based on a normal probability distribution, the odds of Aurora World to drop to W 5,590 or more in 90 days from now is about 34.87 (This Aurora World probability density function shows the probability of Aurora Stock to fall within a particular range of prices over 90 days) . Probability of Aurora World price to stay between W 5,590 and its current price of W6050.0 at the end of the 90-day period is about 55.18 .
Assuming the 90 days trading horizon Aurora World has a beta of 0.0996. This suggests as returns on the market go up, Aurora World average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aurora World will be expected to be much smaller as well. Additionally Aurora World has an alpha of 0.2272, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aurora World Price Density |
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Predictive Modules for Aurora World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aurora World. 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.Aurora World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aurora World is not an exception. The market had few large corrections towards the Aurora World'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 Aurora World, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aurora World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 273.73 | |
Ir | Information ratio | 0.07 |
Aurora World 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 Aurora World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aurora World can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aurora World has accumulated 92.71 B in total debt with debt to equity ratio (D/E) of 1.63, which is about average as compared to similar companies. Aurora World has a current ratio of 0.88, 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 Aurora World until it has trouble settling it off, either with new capital or with free cash flow. So, Aurora World'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 Aurora World sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aurora to invest in growth at high rates of return. When we think about Aurora World's use of debt, we should always consider it together with cash and equity. | |
| About 47.0% of Aurora World shares are owned by insiders or employees |
Aurora World 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 Aurora Stock often depends not only on the future outlook of the current and potential Aurora World'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. Aurora World's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.3 M | |
| Cash And Short Term Investments | 22.8 B |
Aurora World Technical Analysis
Aurora World's future price can be derived by breaking down and analyzing its technical indicators over time. Aurora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aurora World. In general, you should focus on analyzing Aurora Stock price patterns and their correlations with different microeconomic environments and drivers.
Aurora World Predictive Forecast Models
Aurora World's time-series forecasting models is one of many Aurora World'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 Aurora World'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 Aurora World
Checking the ongoing alerts about Aurora World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aurora World help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aurora World has accumulated 92.71 B in total debt with debt to equity ratio (D/E) of 1.63, which is about average as compared to similar companies. Aurora World has a current ratio of 0.88, 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 Aurora World until it has trouble settling it off, either with new capital or with free cash flow. So, Aurora World'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 Aurora World sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aurora to invest in growth at high rates of return. When we think about Aurora World's use of debt, we should always consider it together with cash and equity. | |
| About 47.0% of Aurora World shares are owned by insiders or employees |
Other Information on Investing in Aurora Stock
Aurora World financial ratios help investors to determine whether Aurora 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 Aurora with respect to the benefits of owning Aurora World security.