DAEYANG ELECTRICCoLtd (Korea) Probability of Future Stock Price Finishing Under 10792.35
| 108380 Stock | KRW 12,830 270.00 2.15% |
DAEYANG |
DAEYANG ELECTRICCoLtd Target Price Odds to finish below 10792.35
The tendency of DAEYANG 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 10,792 or more in 90 days |
| 12,830 | 90 days | 10,792 | near 1 |
Based on a normal probability distribution, the odds of DAEYANG ELECTRICCoLtd to drop to W 10,792 or more in 90 days from now is near 1 (This DAEYANG ELECTRICCoLtd probability density function shows the probability of DAEYANG Stock to fall within a particular range of prices over 90 days) . Probability of DAEYANG ELECTRICCoLtd price to stay between W 10,792 and its current price of W12830.0 at the end of the 90-day period is about 84.36 .
Assuming the 90 days trading horizon DAEYANG ELECTRICCoLtd has a beta of -0.0487. This suggests as returns on the benchmark increase, returns on holding DAEYANG ELECTRICCoLtd are expected to decrease at a much lower rate. During a bear market, however, DAEYANG ELECTRICCoLtd is likely to outperform the market. Additionally DAEYANG ELECTRICCoLtd 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. DAEYANG ELECTRICCoLtd Price Density |
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Predictive Modules for DAEYANG ELECTRICCoLtd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DAEYANG ELECTRICCoLtd. 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.DAEYANG ELECTRICCoLtd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DAEYANG ELECTRICCoLtd is not an exception. The market had few large corrections towards the DAEYANG ELECTRICCoLtd'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 DAEYANG ELECTRICCoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DAEYANG ELECTRICCoLtd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 595.01 | |
Ir | Information ratio | -0.08 |
DAEYANG ELECTRICCoLtd 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 DAEYANG ELECTRICCoLtd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DAEYANG ELECTRICCoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 61.0% of the company shares are owned by insiders or employees |
DAEYANG ELECTRICCoLtd 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 DAEYANG Stock often depends not only on the future outlook of the current and potential DAEYANG ELECTRICCoLtd'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. DAEYANG ELECTRICCoLtd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.3 M | |
| Cash And Short Term Investments | 52 B |
DAEYANG ELECTRICCoLtd Technical Analysis
DAEYANG ELECTRICCoLtd's future price can be derived by breaking down and analyzing its technical indicators over time. DAEYANG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DAEYANG ELECTRICCoLtd. In general, you should focus on analyzing DAEYANG Stock price patterns and their correlations with different microeconomic environments and drivers.
DAEYANG ELECTRICCoLtd Predictive Forecast Models
DAEYANG ELECTRICCoLtd's time-series forecasting models is one of many DAEYANG ELECTRICCoLtd'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 DAEYANG ELECTRICCoLtd'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 DAEYANG ELECTRICCoLtd
Checking the ongoing alerts about DAEYANG ELECTRICCoLtd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DAEYANG ELECTRICCoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 61.0% of the company shares are owned by insiders or employees |
Other Information on Investing in DAEYANG Stock
DAEYANG ELECTRICCoLtd financial ratios help investors to determine whether DAEYANG 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 DAEYANG with respect to the benefits of owning DAEYANG ELECTRICCoLtd security.