ITM Semiconductor (Korea) Probability of Future Stock Price Finishing Over 15,333
| 084850 Stock | KRW 15,010 350.00 2.28% |
ITM |
ITM Semiconductor Target Price Odds to finish over 15,333
The tendency of ITM 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 |
| 15,010 | 90 days | 15,010 | under 95 |
Based on a normal probability distribution, the odds of ITM Semiconductor to move above the current price in 90 days from now is under 95 (This ITM Semiconductor Co probability density function shows the probability of ITM Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ITM Semiconductor has a beta of 0.28. This suggests as returns on the market go up, ITM Semiconductor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ITM Semiconductor Co will be expected to be much smaller as well. Additionally ITM Semiconductor 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. ITM Semiconductor Price Density |
| Price |
Predictive Modules for ITM Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ITM Semiconductor. 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.ITM Semiconductor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ITM Semiconductor is not an exception. The market had few large corrections towards the ITM Semiconductor'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 ITM Semiconductor Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ITM Semiconductor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 2,343 | |
Ir | Information ratio | -0.19 |
ITM Semiconductor 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 ITM Semiconductor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ITM Semiconductor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ITM Semiconductor generated a negative expected return over the last 90 days | |
| ITM Semiconductor Co has accumulated 61.06 B in total debt with debt to equity ratio (D/E) of 1.14, which is about average as compared to similar companies. ITM Semiconductor has a current ratio of 0.78, 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 ITM Semiconductor until it has trouble settling it off, either with new capital or with free cash flow. So, ITM Semiconductor'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 ITM Semiconductor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ITM to invest in growth at high rates of return. When we think about ITM Semiconductor's use of debt, we should always consider it together with cash and equity. | |
| ITM Semiconductor Co has accumulated about 32.98 B in cash with (2.28 B) of positive cash flow from operations. | |
| Roughly 66.0% of ITM Semiconductor shares are owned by insiders or employees |
ITM Semiconductor 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 ITM Stock often depends not only on the future outlook of the current and potential ITM Semiconductor'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. ITM Semiconductor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.3 M | |
| Cash And Short Term Investments | 41.2 B |
ITM Semiconductor Technical Analysis
ITM Semiconductor's future price can be derived by breaking down and analyzing its technical indicators over time. ITM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ITM Semiconductor Co. In general, you should focus on analyzing ITM Stock price patterns and their correlations with different microeconomic environments and drivers.
ITM Semiconductor Predictive Forecast Models
ITM Semiconductor's time-series forecasting models is one of many ITM Semiconductor'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 ITM Semiconductor'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 ITM Semiconductor
Checking the ongoing alerts about ITM Semiconductor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ITM Semiconductor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ITM Semiconductor generated a negative expected return over the last 90 days | |
| ITM Semiconductor Co has accumulated 61.06 B in total debt with debt to equity ratio (D/E) of 1.14, which is about average as compared to similar companies. ITM Semiconductor has a current ratio of 0.78, 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 ITM Semiconductor until it has trouble settling it off, either with new capital or with free cash flow. So, ITM Semiconductor'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 ITM Semiconductor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ITM to invest in growth at high rates of return. When we think about ITM Semiconductor's use of debt, we should always consider it together with cash and equity. | |
| ITM Semiconductor Co has accumulated about 32.98 B in cash with (2.28 B) of positive cash flow from operations. | |
| Roughly 66.0% of ITM Semiconductor shares are owned by insiders or employees |
Other Information on Investing in ITM Stock
ITM Semiconductor financial ratios help investors to determine whether ITM 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 ITM with respect to the benefits of owning ITM Semiconductor security.