Ecocab (Korea) Chance of Future Stock Price Finishing Over 2730.0
| 128540 Stock | KRW 1,714 7.00 0.41% |
Ecocab |
Ecocab Target Price Odds to finish over 2730.0
The tendency of Ecocab 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 2,730 or more in 90 days |
| 1,714 | 90 days | 2,730 | near 1 |
Based on a normal probability distribution, the odds of Ecocab to move over W 2,730 or more in 90 days from now is near 1 (This Ecocab Co probability density function shows the probability of Ecocab Stock to fall within a particular range of prices over 90 days) . Probability of Ecocab price to stay between its current price of W 1,714 and W 2,730 at the end of the 90-day period is nearly 4.53 .
Assuming the 90 days trading horizon Ecocab Co has a beta of -1.17. This suggests as returns on its benchmark rise, returns on holding Ecocab Co are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ecocab is expected to outperform its benchmark. Additionally Ecocab Co has an alpha of 0.4163, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ecocab Price Density |
| Price |
Predictive Modules for Ecocab
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ecocab. 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.Ecocab Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ecocab is not an exception. The market had few large corrections towards the Ecocab'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 Ecocab Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ecocab within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -1.17 | |
σ | Overall volatility | 158.22 | |
Ir | Information ratio | 0.02 |
Ecocab 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 Ecocab for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ecocab can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ecocab had very high historical volatility over the last 90 days | |
| The company reported the revenue of 85.38 B. Net Loss for the year was (8.56 B) with profit before overhead, payroll, taxes, and interest of 5.8 B. | |
| Ecocab Co has accumulated about 6.86 B in cash with (5.11 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 846.51. | |
| Roughly 68.0% of the company shares are owned by insiders or employees |
Ecocab 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 Ecocab Stock often depends not only on the future outlook of the current and potential Ecocab'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. Ecocab's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19 M | |
| Cash And Short Term Investments | 13 B |
Ecocab Technical Analysis
Ecocab's future price can be derived by breaking down and analyzing its technical indicators over time. Ecocab Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ecocab Co. In general, you should focus on analyzing Ecocab Stock price patterns and their correlations with different microeconomic environments and drivers.
Ecocab Predictive Forecast Models
Ecocab's time-series forecasting models is one of many Ecocab'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 Ecocab'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 Ecocab
Checking the ongoing alerts about Ecocab for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ecocab help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ecocab had very high historical volatility over the last 90 days | |
| The company reported the revenue of 85.38 B. Net Loss for the year was (8.56 B) with profit before overhead, payroll, taxes, and interest of 5.8 B. | |
| Ecocab Co has accumulated about 6.86 B in cash with (5.11 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 846.51. | |
| Roughly 68.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Ecocab Stock
Ecocab financial ratios help investors to determine whether Ecocab 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 Ecocab with respect to the benefits of owning Ecocab security.