Atec (Korea) Chance of Future Stock Price Finishing Under 16,813
| 045660 Stock | KRW 13,820 70.00 0.50% |
Atec |
Atec Target Price Odds to finish below 16,813
The tendency of Atec 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 |
| 13,820 | 90 days | 13,820 | about 19.05 |
Based on a normal probability distribution, the odds of Atec to move below current price in 90 days from now is about 19.05 (This Atec Co probability density function shows the probability of Atec Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.27 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atec will likely underperform. Additionally Atec Co 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. Atec Price Density |
| Price |
Predictive Modules for Atec
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atec. 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.Atec Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atec is not an exception. The market had few large corrections towards the Atec'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 Atec Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atec within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.27 | |
σ | Overall volatility | 1,204 | |
Ir | Information ratio | -0.02 |
Atec 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 Atec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atec had very high historical volatility over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees |
Atec 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 Atec Stock often depends not only on the future outlook of the current and potential Atec'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. Atec's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.1 M | |
| Cash And Short Term Investments | 25.3 B |
Atec Technical Analysis
Atec's future price can be derived by breaking down and analyzing its technical indicators over time. Atec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atec Co. In general, you should focus on analyzing Atec Stock price patterns and their correlations with different microeconomic environments and drivers.
Atec Predictive Forecast Models
Atec's time-series forecasting models is one of many Atec'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 Atec'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 Atec
Checking the ongoing alerts about Atec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atec had very high historical volatility over the last 90 days | |
| About 27.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Atec Stock
Atec financial ratios help investors to determine whether Atec 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 Atec with respect to the benefits of owning Atec security.