Ace Technologies (Korea) Probability of Future Stock Price Finishing Under 878.10
| 088800 Stock | KRW 840.00 6.00 0.72% |
Ace |
Ace Technologies Target Price Odds to finish below 878.10
The tendency of Ace 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 stay under W 878.10 after 90 days |
| 840.00 | 90 days | 878.10 | about 64.87 |
Based on a normal probability distribution, the odds of Ace Technologies to stay under W 878.10 after 90 days from now is about 64.87 (This Ace Technologies Corp probability density function shows the probability of Ace Stock to fall within a particular range of prices over 90 days) . Probability of Ace Technologies Corp price to stay between its current price of W 840.00 and W 878.10 at the end of the 90-day period is about 10.93 .
Assuming the 90 days trading horizon Ace Technologies has a beta of 0.74. This suggests as returns on the market go up, Ace Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ace Technologies Corp will be expected to be much smaller as well. Additionally Ace Technologies Corp has an alpha of 0.5208, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ace Technologies Price Density |
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Predictive Modules for Ace Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ace Technologies Corp. 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.Ace Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ace Technologies is not an exception. The market had few large corrections towards the Ace Technologies' 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 Ace Technologies Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ace Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 134.61 | |
Ir | Information ratio | 0.07 |
Ace Technologies 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 Ace Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ace Technologies Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ace Technologies is way too risky over 90 days horizon | |
| Ace Technologies appears to be risky and price may revert if volatility continues | |
| Ace Technologies Corp has accumulated 57.07 B in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. Ace Technologies Corp has a current ratio of 0.95, 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 Ace Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ace Technologies' 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 Ace Technologies Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ace to invest in growth at high rates of return. When we think about Ace Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 232.78 B. Net Loss for the year was (32.64 B) with profit before overhead, payroll, taxes, and interest of 18.52 B. | |
| Ace Technologies Corp has accumulated about 8.69 B in cash with (42.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 790.42. | |
| Roughly 23.0% of Ace Technologies shares are owned by insiders or employees |
Ace Technologies 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 Ace Stock often depends not only on the future outlook of the current and potential Ace Technologies' 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. Ace Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.4 M | |
| Cash And Short Term Investments | 25.5 B |
Ace Technologies Technical Analysis
Ace Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Ace Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ace Technologies Corp. In general, you should focus on analyzing Ace Stock price patterns and their correlations with different microeconomic environments and drivers.
Ace Technologies Predictive Forecast Models
Ace Technologies' time-series forecasting models is one of many Ace Technologies' 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 Ace Technologies' 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 Ace Technologies Corp
Checking the ongoing alerts about Ace Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ace Technologies Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ace Technologies is way too risky over 90 days horizon | |
| Ace Technologies appears to be risky and price may revert if volatility continues | |
| Ace Technologies Corp has accumulated 57.07 B in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. Ace Technologies Corp has a current ratio of 0.95, 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 Ace Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Ace Technologies' 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 Ace Technologies Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ace to invest in growth at high rates of return. When we think about Ace Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 232.78 B. Net Loss for the year was (32.64 B) with profit before overhead, payroll, taxes, and interest of 18.52 B. | |
| Ace Technologies Corp has accumulated about 8.69 B in cash with (42.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 790.42. | |
| Roughly 23.0% of Ace Technologies shares are owned by insiders or employees |
Other Information on Investing in Ace Stock
Ace Technologies financial ratios help investors to determine whether Ace 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 Ace with respect to the benefits of owning Ace Technologies security.