Haesung Optics (Korea) Probability of Future Stock Price Finishing Under 745.87
| 076610 Stock | KRW 971.00 20.00 2.10% |
Haesung |
Haesung Optics Target Price Odds to finish below 745.87
The tendency of Haesung 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 745.87 or more in 90 days |
| 971.00 | 90 days | 745.87 | near 1 |
Based on a normal probability distribution, the odds of Haesung Optics to drop to W 745.87 or more in 90 days from now is near 1 (This Haesung Optics Co probability density function shows the probability of Haesung Stock to fall within a particular range of prices over 90 days) . Probability of Haesung Optics price to stay between W 745.87 and its current price of W971.0 at the end of the 90-day period is nearly 4.26 .
Assuming the 90 days trading horizon Haesung Optics Co has a beta of -0.0236. This suggests as returns on the benchmark increase, returns on holding Haesung Optics are expected to decrease at a much lower rate. During a bear market, however, Haesung Optics Co is likely to outperform the market. Additionally Haesung Optics Co 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. Haesung Optics Price Density |
| Price |
Predictive Modules for Haesung Optics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Haesung Optics. 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.Haesung Optics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Haesung Optics is not an exception. The market had few large corrections towards the Haesung Optics' 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 Haesung Optics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Haesung Optics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 101.12 | |
Ir | Information ratio | -0.4 |
Haesung Optics 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 Haesung Optics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Haesung Optics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Haesung Optics generated a negative expected return over the last 90 days | |
| Haesung Optics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Haesung Optics Co has accumulated 121.72 M in total debt with debt to equity ratio (D/E) of 144.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Haesung Optics has a current ratio of 0.57, 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 Haesung Optics until it has trouble settling it off, either with new capital or with free cash flow. So, Haesung Optics' 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 Haesung Optics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Haesung to invest in growth at high rates of return. When we think about Haesung Optics' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 140.84 B. Net Loss for the year was (38.07 B) with loss before overhead, payroll, taxes, and interest of (22.98 B). | |
| Haesung Optics Co has accumulated about 22.08 B in cash with (45.53 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 517.31. | |
| Roughly 12.0% of Haesung Optics shares are owned by insiders or employees |
Haesung Optics 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 Haesung Stock often depends not only on the future outlook of the current and potential Haesung Optics' 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. Haesung Optics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 114.3 M | |
| Cash And Short Term Investments | 23.4 B | |
| Shares Float | 26.4 M |
Haesung Optics Technical Analysis
Haesung Optics' future price can be derived by breaking down and analyzing its technical indicators over time. Haesung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Haesung Optics Co. In general, you should focus on analyzing Haesung Stock price patterns and their correlations with different microeconomic environments and drivers.
Haesung Optics Predictive Forecast Models
Haesung Optics' time-series forecasting models is one of many Haesung Optics' 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 Haesung Optics' 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 Haesung Optics
Checking the ongoing alerts about Haesung Optics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Haesung Optics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Haesung Optics generated a negative expected return over the last 90 days | |
| Haesung Optics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Haesung Optics Co has accumulated 121.72 M in total debt with debt to equity ratio (D/E) of 144.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Haesung Optics has a current ratio of 0.57, 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 Haesung Optics until it has trouble settling it off, either with new capital or with free cash flow. So, Haesung Optics' 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 Haesung Optics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Haesung to invest in growth at high rates of return. When we think about Haesung Optics' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 140.84 B. Net Loss for the year was (38.07 B) with loss before overhead, payroll, taxes, and interest of (22.98 B). | |
| Haesung Optics Co has accumulated about 22.08 B in cash with (45.53 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 517.31. | |
| Roughly 12.0% of Haesung Optics shares are owned by insiders or employees |
Other Information on Investing in Haesung Stock
Haesung Optics financial ratios help investors to determine whether Haesung 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 Haesung with respect to the benefits of owning Haesung Optics security.