SOLiD (Korea) Chance of Future Stock Price Finishing Under 4460.0
| 050890 Stock | KRW 4,825 145.00 2.92% |
SOLiD |
SOLiD Target Price Odds to finish below 4460.0
The tendency of SOLiD 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 4,460 or more in 90 days |
| 4,825 | 90 days | 4,460 | about 24.86 |
Based on a normal probability distribution, the odds of SOLiD to drop to W 4,460 or more in 90 days from now is about 24.86 (This SOLiD Inc probability density function shows the probability of SOLiD Stock to fall within a particular range of prices over 90 days) . Probability of SOLiD Inc price to stay between W 4,460 and its current price of W4825.0 at the end of the 90-day period is about 57.12 .
Assuming the 90 days trading horizon SOLiD has a beta of 0.57. This suggests as returns on the market go up, SOLiD average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SOLiD Inc will be expected to be much smaller as well. Additionally SOLiD Inc 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. SOLiD Price Density |
| Price |
Predictive Modules for SOLiD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SOLiD Inc. 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.SOLiD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SOLiD is not an exception. The market had few large corrections towards the SOLiD'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 SOLiD Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SOLiD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 228.83 | |
Ir | Information ratio | -0.04 |
SOLiD 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 SOLiD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SOLiD Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SOLiD Inc has accumulated W8.78 Billion in debt which can lead to volatile earnings | |
| SOLiD Inc has accumulated 8.78 B in total debt with debt to equity ratio (D/E) of 76.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SOLiD Inc has a current ratio of 0.74, 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 SOLiD until it has trouble settling it off, either with new capital or with free cash flow. So, SOLiD'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 SOLiD Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SOLiD to invest in growth at high rates of return. When we think about SOLiD's use of debt, we should always consider it together with cash and equity. | |
| SOLiD Inc has accumulated about 30.85 B in cash with (34.01 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 725.83. |
SOLiD 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 SOLiD Stock often depends not only on the future outlook of the current and potential SOLiD'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. SOLiD's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60.9 M | |
| Cash And Short Term Investments | 54 B |
SOLiD Technical Analysis
SOLiD's future price can be derived by breaking down and analyzing its technical indicators over time. SOLiD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SOLiD Inc. In general, you should focus on analyzing SOLiD Stock price patterns and their correlations with different microeconomic environments and drivers.
SOLiD Predictive Forecast Models
SOLiD's time-series forecasting models is one of many SOLiD'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 SOLiD'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 SOLiD Inc
Checking the ongoing alerts about SOLiD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SOLiD Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SOLiD Inc has accumulated W8.78 Billion in debt which can lead to volatile earnings | |
| SOLiD Inc has accumulated 8.78 B in total debt with debt to equity ratio (D/E) of 76.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SOLiD Inc has a current ratio of 0.74, 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 SOLiD until it has trouble settling it off, either with new capital or with free cash flow. So, SOLiD'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 SOLiD Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SOLiD to invest in growth at high rates of return. When we think about SOLiD's use of debt, we should always consider it together with cash and equity. | |
| SOLiD Inc has accumulated about 30.85 B in cash with (34.01 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 725.83. |
Other Information on Investing in SOLiD Stock
SOLiD financial ratios help investors to determine whether SOLiD 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 SOLiD with respect to the benefits of owning SOLiD security.