Daewoo Engineering (Korea) Probability of Future Stock Price Finishing Under 3,594
| 047040 Stock | 3,625 20.00 0.55% |
Daewoo |
Daewoo Engineering Target Price Odds to finish below 3,594
The tendency of Daewoo 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 |
| 3,625 | 90 days | 3,625 | about 16.07 |
Based on a normal probability distribution, the odds of Daewoo Engineering to move below current price in 90 days from now is about 16.07 (This Daewoo Engineering Construction probability density function shows the probability of Daewoo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Daewoo Engineering has a beta of 0.42. This suggests as returns on the market go up, Daewoo Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Daewoo Engineering Construction will be expected to be much smaller as well. Additionally Daewoo Engineering Construction 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. Daewoo Engineering Price Density |
| Price |
Predictive Modules for Daewoo Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daewoo Engineering. 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.Daewoo Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daewoo Engineering is not an exception. The market had few large corrections towards the Daewoo Engineering'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 Daewoo Engineering Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daewoo Engineering within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 193.04 | |
Ir | Information ratio | -0.13 |
Daewoo Engineering 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 Daewoo Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Daewoo Engineering can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Daewoo Engineering generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees |
Daewoo Engineering 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 Daewoo Stock often depends not only on the future outlook of the current and potential Daewoo Engineering'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. Daewoo Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 410.9 M |
Daewoo Engineering Technical Analysis
Daewoo Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. Daewoo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daewoo Engineering Construction. In general, you should focus on analyzing Daewoo Stock price patterns and their correlations with different microeconomic environments and drivers.
Daewoo Engineering Predictive Forecast Models
Daewoo Engineering's time-series forecasting models is one of many Daewoo Engineering'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 Daewoo Engineering'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 Daewoo Engineering
Checking the ongoing alerts about Daewoo Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Daewoo Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Daewoo Engineering generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Daewoo Stock
Daewoo Engineering financial ratios help investors to determine whether Daewoo 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 Daewoo with respect to the benefits of owning Daewoo Engineering security.