Taewoong Logistics (Korea) Probability of Future Stock Price Finishing Under 2933.73
| 124560 Stock | KRW 2,925 120.00 3.94% |
Taewoong |
Taewoong Logistics Target Price Odds to finish below 2933.73
The tendency of Taewoong 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 2,934 after 90 days |
| 2,925 | 90 days | 2,934 | about 29.99 |
Based on a normal probability distribution, the odds of Taewoong Logistics to stay under W 2,934 after 90 days from now is about 29.99 (This Taewoong Logistics CoLtd probability density function shows the probability of Taewoong Stock to fall within a particular range of prices over 90 days) . Probability of Taewoong Logistics CoLtd price to stay between its current price of W 2,925 and W 2,934 at the end of the 90-day period is about 1.86 .
Assuming the 90 days trading horizon Taewoong Logistics CoLtd has a beta of -0.38. This suggests as returns on the benchmark increase, returns on holding Taewoong Logistics are expected to decrease at a much lower rate. During a bear market, however, Taewoong Logistics CoLtd is likely to outperform the market. Additionally Taewoong Logistics CoLtd 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. Taewoong Logistics Price Density |
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Predictive Modules for Taewoong Logistics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taewoong Logistics CoLtd. 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.Taewoong Logistics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taewoong Logistics is not an exception. The market had few large corrections towards the Taewoong Logistics' 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 Taewoong Logistics CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taewoong Logistics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 161.25 | |
Ir | Information ratio | -0.07 |
Taewoong Logistics 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 Taewoong Logistics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taewoong Logistics CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taewoong Logistics generated a negative expected return over the last 90 days | |
| Taewoong Logistics has high historical volatility and very poor performance | |
| Taewoong Logistics CoLtd has accumulated about 30.58 B in cash with (7.03 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 492.06. | |
| Roughly 42.0% of the company shares are owned by insiders or employees |
Taewoong Logistics 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 Taewoong Stock often depends not only on the future outlook of the current and potential Taewoong Logistics' 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. Taewoong Logistics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.6 M | |
| Cash And Short Term Investments | 30.7 B |
Taewoong Logistics Technical Analysis
Taewoong Logistics' future price can be derived by breaking down and analyzing its technical indicators over time. Taewoong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taewoong Logistics CoLtd. In general, you should focus on analyzing Taewoong Stock price patterns and their correlations with different microeconomic environments and drivers.
Taewoong Logistics Predictive Forecast Models
Taewoong Logistics' time-series forecasting models is one of many Taewoong Logistics' 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 Taewoong Logistics' 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 Taewoong Logistics CoLtd
Checking the ongoing alerts about Taewoong Logistics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taewoong Logistics CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taewoong Logistics generated a negative expected return over the last 90 days | |
| Taewoong Logistics has high historical volatility and very poor performance | |
| Taewoong Logistics CoLtd has accumulated about 30.58 B in cash with (7.03 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 492.06. | |
| Roughly 42.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Taewoong Stock
Taewoong Logistics financial ratios help investors to determine whether Taewoong 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 Taewoong with respect to the benefits of owning Taewoong Logistics security.