SFA Engineering (Korea) Probability of Future Stock Price Finishing Under 21000.0
| 056190 Stock | KRW 21,000 750.00 3.70% |
SFA |
SFA Engineering Target Price Odds to finish below 21000.0
The tendency of SFA 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 |
| 21,000 | 90 days | 21,000 | about 19.97 |
Based on a normal probability distribution, the odds of SFA Engineering to move below current price in 90 days from now is about 19.97 (This SFA Engineering probability density function shows the probability of SFA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SFA Engineering has a beta of -0.52. This suggests as returns on the benchmark increase, returns on holding SFA Engineering are expected to decrease at a much lower rate. During a bear market, however, SFA Engineering is likely to outperform the market. Additionally SFA Engineering 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. SFA Engineering Price Density |
| Price |
Predictive Modules for SFA 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 SFA 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.SFA Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SFA Engineering is not an exception. The market had few large corrections towards the SFA 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 SFA Engineering, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SFA Engineering within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 2,370 | |
Ir | Information ratio | -0.11 |
SFA 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 SFA Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SFA 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.| SFA Engineering generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are owned by insiders or employees |
SFA 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 SFA Stock often depends not only on the future outlook of the current and potential SFA 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. SFA Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.6 M | |
| Cash And Short Term Investments | 447.6 B |
SFA Engineering Technical Analysis
SFA Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. SFA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SFA Engineering. In general, you should focus on analyzing SFA Stock price patterns and their correlations with different microeconomic environments and drivers.
SFA Engineering Predictive Forecast Models
SFA Engineering's time-series forecasting models is one of many SFA 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 SFA 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 SFA Engineering
Checking the ongoing alerts about SFA Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SFA Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SFA Engineering generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SFA Stock
SFA Engineering financial ratios help investors to determine whether SFA 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 SFA with respect to the benefits of owning SFA Engineering security.