Wonik QnC (Korea) Probability of Future Stock Price Finishing Under 19199.28
| 074600 Stock | KRW 19,790 140.00 0.70% |
Wonik |
Wonik QnC Target Price Odds to finish below 19199.28
The tendency of Wonik 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 19,199 or more in 90 days |
| 19,790 | 90 days | 19,199 | roughly 2.06 |
Based on a normal probability distribution, the odds of Wonik QnC to drop to W 19,199 or more in 90 days from now is roughly 2.06 (This Wonik QnC probability density function shows the probability of Wonik Stock to fall within a particular range of prices over 90 days) . Probability of Wonik QnC price to stay between W 19,199 and its current price of W19790.0 at the end of the 90-day period is about 1.42 .
Assuming the 90 days trading horizon Wonik QnC has a beta of -0.27. This suggests as returns on the benchmark increase, returns on holding Wonik QnC are expected to decrease at a much lower rate. During a bear market, however, Wonik QnC is likely to outperform the market. Additionally Wonik QnC 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. Wonik QnC Price Density |
| Price |
Predictive Modules for Wonik QnC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wonik QnC. 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.Wonik QnC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wonik QnC is not an exception. The market had few large corrections towards the Wonik QnC'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 Wonik QnC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wonik QnC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.53 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 2,605 | |
Ir | Information ratio | -0.25 |
Wonik QnC 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 Wonik QnC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wonik QnC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wonik QnC generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are owned by insiders or employees |
Wonik QnC 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 Wonik Stock often depends not only on the future outlook of the current and potential Wonik QnC'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. Wonik QnC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.3 M | |
| Cash And Short Term Investments | 68.1 B |
Wonik QnC Technical Analysis
Wonik QnC's future price can be derived by breaking down and analyzing its technical indicators over time. Wonik Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wonik QnC. In general, you should focus on analyzing Wonik Stock price patterns and their correlations with different microeconomic environments and drivers.
Wonik QnC Predictive Forecast Models
Wonik QnC's time-series forecasting models is one of many Wonik QnC'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 Wonik QnC'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 Wonik QnC
Checking the ongoing alerts about Wonik QnC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wonik QnC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wonik QnC generated a negative expected return over the last 90 days | |
| About 41.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Wonik Stock
Wonik QnC financial ratios help investors to determine whether Wonik 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 Wonik with respect to the benefits of owning Wonik QnC security.