Wonbang Tech (Korea) Probability of Future Stock Price Finishing Under 13,747
| 053080 Stock | KRW 14,020 430.00 3.16% |
Wonbang |
Wonbang Tech Target Price Odds to finish below 13,747
The tendency of Wonbang 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 |
| 14,020 | 90 days | 14,020 | about 9.92 |
Based on a normal probability distribution, the odds of Wonbang Tech to move below current price in 90 days from now is about 9.92 (This Wonbang Tech Co probability density function shows the probability of Wonbang Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Wonbang Tech Co has a beta of -1.16. This suggests as returns on its benchmark rise, returns on holding Wonbang Tech Co are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Wonbang Tech is expected to outperform its benchmark. Additionally Wonbang Tech Co has an alpha of 0.1342, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wonbang Tech Price Density |
| Price |
Predictive Modules for Wonbang Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wonbang Tech. 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.Wonbang Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wonbang Tech is not an exception. The market had few large corrections towards the Wonbang Tech'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 Wonbang Tech Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wonbang Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -1.16 | |
σ | Overall volatility | 1,397 | |
Ir | Information ratio | -0.03 |
Wonbang Tech 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 Wonbang Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wonbang Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wonbang Tech generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees |
Wonbang Tech 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 Wonbang Stock often depends not only on the future outlook of the current and potential Wonbang Tech'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. Wonbang Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 1.78M |
Wonbang Tech Technical Analysis
Wonbang Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Wonbang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wonbang Tech Co. In general, you should focus on analyzing Wonbang Stock price patterns and their correlations with different microeconomic environments and drivers.
Wonbang Tech Predictive Forecast Models
Wonbang Tech's time-series forecasting models is one of many Wonbang Tech'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 Wonbang Tech'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 Wonbang Tech
Checking the ongoing alerts about Wonbang Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wonbang Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wonbang Tech generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Wonbang Stock
Wonbang Tech financial ratios help investors to determine whether Wonbang 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 Wonbang with respect to the benefits of owning Wonbang Tech security.