NICE Total (Korea) Probability of Future Stock Price Finishing Over 6,004
| 063570 Stock | KRW 4,805 115.00 2.45% |
NICE |
NICE Total Target Price Odds to finish over 6,004
The tendency of NICE 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 above the current price in 90 days |
| 4,805 | 90 days | 4,805 | about 68.64 |
Based on a normal probability distribution, the odds of NICE Total to move above the current price in 90 days from now is about 68.64 (This NICE Total Cash probability density function shows the probability of NICE Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon NICE Total has a beta of 0.14. This suggests as returns on the market go up, NICE Total average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NICE Total Cash will be expected to be much smaller as well. Additionally NICE Total Cash 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. NICE Total Price Density |
| Price |
Predictive Modules for NICE Total
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NICE Total Cash. 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.NICE Total Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NICE Total is not an exception. The market had few large corrections towards the NICE Total'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 NICE Total Cash, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NICE Total within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 167.51 | |
Ir | Information ratio | -0.13 |
NICE Total 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 NICE Total for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NICE Total Cash can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NICE Total Cash has accumulated 93.37 B in total debt with debt to equity ratio (D/E) of 1.77, which is about average as compared to similar companies. NICE Total Cash has a current ratio of 0.9, 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 NICE Total until it has trouble settling it off, either with new capital or with free cash flow. So, NICE Total'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 NICE Total Cash sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NICE to invest in growth at high rates of return. When we think about NICE Total's use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of NICE Total shares are owned by insiders or employees |
NICE Total 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 NICE Stock often depends not only on the future outlook of the current and potential NICE Total'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. NICE Total's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.3 M | |
| Cash And Short Term Investments | 151.6 B |
NICE Total Technical Analysis
NICE Total's future price can be derived by breaking down and analyzing its technical indicators over time. NICE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NICE Total Cash. In general, you should focus on analyzing NICE Stock price patterns and their correlations with different microeconomic environments and drivers.
NICE Total Predictive Forecast Models
NICE Total's time-series forecasting models is one of many NICE Total'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 NICE Total'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 NICE Total Cash
Checking the ongoing alerts about NICE Total for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NICE Total Cash help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NICE Total Cash has accumulated 93.37 B in total debt with debt to equity ratio (D/E) of 1.77, which is about average as compared to similar companies. NICE Total Cash has a current ratio of 0.9, 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 NICE Total until it has trouble settling it off, either with new capital or with free cash flow. So, NICE Total'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 NICE Total Cash sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NICE to invest in growth at high rates of return. When we think about NICE Total's use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of NICE Total shares are owned by insiders or employees |
Other Information on Investing in NICE Stock
NICE Total financial ratios help investors to determine whether NICE 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 NICE with respect to the benefits of owning NICE Total security.