Taewoong CoLtd (Korea) Probability of Future Stock Price Finishing Under 12346.0
| 044490 Stock | KRW 10,890 300.00 2.68% |
Taewoong |
Taewoong CoLtd Target Price Odds to finish below 12346.0
The tendency of Taewoong 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 stay under W 12,346 after 90 days |
| 10,890 | 90 days | 12,346 | about 16.28 |
Based on a normal probability distribution, the odds of Taewoong CoLtd to stay under W 12,346 after 90 days from now is about 16.28 (This Taewoong CoLtd probability density function shows the probability of Taewoong Stock to fall within a particular range of prices over 90 days) . Probability of Taewoong CoLtd price to stay between its current price of W 10,890 and W 12,346 at the end of the 90-day period is about 13.99 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.06 . This suggests Taewoong CoLtd market returns are sensitive to returns on the market. As the market goes up or down, Taewoong CoLtd is expected to follow. Additionally Taewoong 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. Taewoong CoLtd Price Density |
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Predictive Modules for Taewoong 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 Taewoong 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.Taewoong CoLtd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taewoong CoLtd is not an exception. The market had few large corrections towards the Taewoong 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 Taewoong CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taewoong CoLtd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.49 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 1,452 | |
Ir | Information ratio | -0.13 |
Taewoong 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 Taewoong CoLtd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taewoong 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.| Taewoong CoLtd generated a negative expected return over the last 90 days | |
| Taewoong CoLtd has high historical volatility and very poor performance | |
| The company reported the revenue of 305.23 B. Net Loss for the year was (29.17 B) with profit before overhead, payroll, taxes, and interest of 3.35 B. | |
| Taewoong CoLtd has accumulated about 111.73 B in cash with (57.64 B) of positive cash flow from operations. |
Taewoong 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 Taewoong Stock often depends not only on the future outlook of the current and potential Taewoong 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. Taewoong CoLtd's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 9.25M | |
| Average Daily Volume Last 10 Day | 207.19k | |
| Average Daily Volume In Three Month | 252.47k |
Taewoong CoLtd Technical Analysis
Taewoong CoLtd's future price can be derived by breaking down and analyzing its technical indicators over time. Taewoong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taewoong CoLtd. In general, you should focus on analyzing Taewoong Stock price patterns and their correlations with different microeconomic environments and drivers.
Taewoong CoLtd Predictive Forecast Models
Taewoong CoLtd's time-series forecasting models is one of many Taewoong 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 Taewoong 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 Taewoong CoLtd
Checking the ongoing alerts about Taewoong CoLtd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taewoong CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taewoong CoLtd generated a negative expected return over the last 90 days | |
| Taewoong CoLtd has high historical volatility and very poor performance | |
| The company reported the revenue of 305.23 B. Net Loss for the year was (29.17 B) with profit before overhead, payroll, taxes, and interest of 3.35 B. | |
| Taewoong CoLtd has accumulated about 111.73 B in cash with (57.64 B) of positive cash flow from operations. |
Other Information on Investing in Taewoong Stock
Taewoong CoLtd financial ratios help investors to determine whether Taewoong 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 Taewoong with respect to the benefits of owning Taewoong CoLtd security.