CHEMTRONICSCOLtd (Korea) Probability of Future Stock Price Finishing Over 17040.0
| 089010 Stock | KRW 15,460 780.00 4.80% |
CHEMTRONICSCOLtd |
CHEMTRONICSCOLtd Target Price Odds to finish over 17040.0
The tendency of CHEMTRONICSCOLtd 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 over W 17,040 or more in 90 days |
| 15,460 | 90 days | 17,040 | about 90.15 |
Based on a normal probability distribution, the odds of CHEMTRONICSCOLtd to move over W 17,040 or more in 90 days from now is about 90.15 (This CHEMTRONICSCOLtd probability density function shows the probability of CHEMTRONICSCOLtd Stock to fall within a particular range of prices over 90 days) . Probability of CHEMTRONICSCOLtd price to stay between its current price of W 15,460 and W 17,040 at the end of the 90-day period is about 7.61 .
Assuming the 90 days trading horizon CHEMTRONICSCOLtd has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding CHEMTRONICSCOLtd are expected to decrease at a much lower rate. During a bear market, however, CHEMTRONICSCOLtd is likely to outperform the market. Additionally CHEMTRONICSCOLtd 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. CHEMTRONICSCOLtd Price Density |
| Price |
Predictive Modules for CHEMTRONICSCOLtd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHEMTRONICSCOLtd. 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.CHEMTRONICSCOLtd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHEMTRONICSCOLtd is not an exception. The market had few large corrections towards the CHEMTRONICSCOLtd'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 CHEMTRONICSCOLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHEMTRONICSCOLtd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.6 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 2,208 | |
Ir | Information ratio | -0.32 |
CHEMTRONICSCOLtd 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 CHEMTRONICSCOLtd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHEMTRONICSCOLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHEMTRONICSCOLtd generated a negative expected return over the last 90 days | |
| CHEMTRONICSCOLtd has accumulated 46.58 B in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. CHEMTRONICSCOLtd has a current ratio of 0.96, 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 CHEMTRONICSCOLtd until it has trouble settling it off, either with new capital or with free cash flow. So, CHEMTRONICSCOLtd'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 CHEMTRONICSCOLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CHEMTRONICSCOLtd to invest in growth at high rates of return. When we think about CHEMTRONICSCOLtd's use of debt, we should always consider it together with cash and equity. | |
| About 28.0% of CHEMTRONICSCOLtd shares are owned by insiders or employees |
CHEMTRONICSCOLtd 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 CHEMTRONICSCOLtd Stock often depends not only on the future outlook of the current and potential CHEMTRONICSCOLtd'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. CHEMTRONICSCOLtd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.4 M | |
| Cash And Short Term Investments | 37.8 B |
CHEMTRONICSCOLtd Technical Analysis
CHEMTRONICSCOLtd's future price can be derived by breaking down and analyzing its technical indicators over time. CHEMTRONICSCOLtd Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHEMTRONICSCOLtd. In general, you should focus on analyzing CHEMTRONICSCOLtd Stock price patterns and their correlations with different microeconomic environments and drivers.
CHEMTRONICSCOLtd Predictive Forecast Models
CHEMTRONICSCOLtd's time-series forecasting models is one of many CHEMTRONICSCOLtd'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 CHEMTRONICSCOLtd'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 CHEMTRONICSCOLtd
Checking the ongoing alerts about CHEMTRONICSCOLtd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHEMTRONICSCOLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHEMTRONICSCOLtd generated a negative expected return over the last 90 days | |
| CHEMTRONICSCOLtd has accumulated 46.58 B in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. CHEMTRONICSCOLtd has a current ratio of 0.96, 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 CHEMTRONICSCOLtd until it has trouble settling it off, either with new capital or with free cash flow. So, CHEMTRONICSCOLtd'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 CHEMTRONICSCOLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CHEMTRONICSCOLtd to invest in growth at high rates of return. When we think about CHEMTRONICSCOLtd's use of debt, we should always consider it together with cash and equity. | |
| About 28.0% of CHEMTRONICSCOLtd shares are owned by insiders or employees |
Other Information on Investing in CHEMTRONICSCOLtd Stock
CHEMTRONICSCOLtd financial ratios help investors to determine whether CHEMTRONICSCOLtd 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 CHEMTRONICSCOLtd with respect to the benefits of owning CHEMTRONICSCOLtd security.