Nam Hwa (Korea) Odds of Future Stock Price Finishing Under 3,470
| 091590 Stock | KRW 4,085 15.00 0.37% |
Nam |
Nam Hwa Target Price Odds to finish below 3,470
The tendency of Nam 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 below current price in 90 days |
| 4,085 | 90 days | 4,085 | about 58.12 |
Based on a normal probability distribution, the odds of Nam Hwa to move below current price in 90 days from now is about 58.12 (This Nam Hwa Construction probability density function shows the probability of Nam Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Nam Hwa Construction has a beta of -0.58. This suggests as returns on the benchmark increase, returns on holding Nam Hwa are expected to decrease at a much lower rate. During a bear market, however, Nam Hwa Construction is likely to outperform the market. Additionally Nam Hwa Construction has an alpha of 0.0874, implying that it can generate a 0.0874 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nam Hwa Price Density |
| Price |
Predictive Modules for Nam Hwa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nam Hwa Construction. 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.Nam Hwa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nam Hwa is not an exception. The market had few large corrections towards the Nam Hwa'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 Nam Hwa Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nam Hwa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 101.72 | |
Ir | Information ratio | -0.03 |
Nam Hwa 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 Nam Hwa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nam Hwa Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nam Hwa Construction had very high historical volatility over the last 90 days | |
| Nam Hwa Construction has accumulated about 12.38 B in cash with (3.33 B) of positive cash flow from operations. | |
| Roughly 58.0% of the company shares are owned by insiders or employees |
Nam Hwa 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 Nam Stock often depends not only on the future outlook of the current and potential Nam Hwa'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. Nam Hwa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.7 M | |
| Dividends Paid | 1.2 B | |
| Cash And Short Term Investments | 37 B | |
| Shares Float | 5 M |
Nam Hwa Technical Analysis
Nam Hwa's future price can be derived by breaking down and analyzing its technical indicators over time. Nam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nam Hwa Construction. In general, you should focus on analyzing Nam Stock price patterns and their correlations with different microeconomic environments and drivers.
Nam Hwa Predictive Forecast Models
Nam Hwa's time-series forecasting models is one of many Nam Hwa'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 Nam Hwa'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 Nam Hwa Construction
Checking the ongoing alerts about Nam Hwa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nam Hwa Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nam Hwa Construction had very high historical volatility over the last 90 days | |
| Nam Hwa Construction has accumulated about 12.38 B in cash with (3.33 B) of positive cash flow from operations. | |
| Roughly 58.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Nam Stock
Nam Hwa financial ratios help investors to determine whether Nam 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 Nam with respect to the benefits of owning Nam Hwa security.