Tesna (Korea) Chance of Future Stock Price Finishing Under 32,041
| 131970 Stock | KRW 24,850 300.00 1.22% |
Tesna |
Tesna Target Price Odds to finish below 32,041
The tendency of Tesna 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 |
| 24,850 | 90 days | 24,850 | about 5.04 |
Based on a normal probability distribution, the odds of Tesna to move below current price in 90 days from now is about 5.04 (This Tesna Inc probability density function shows the probability of Tesna Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Tesna Inc has a beta of -0.37. This suggests as returns on the benchmark increase, returns on holding Tesna are expected to decrease at a much lower rate. During a bear market, however, Tesna Inc is likely to outperform the market. Additionally Tesna Inc 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. Tesna Price Density |
| Price |
Predictive Modules for Tesna
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tesna Inc. 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.Tesna Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tesna is not an exception. The market had few large corrections towards the Tesna'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 Tesna Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tesna within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 2,949 | |
Ir | Information ratio | -0.21 |
Tesna 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 Tesna for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tesna Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tesna Inc generated a negative expected return over the last 90 days | |
| Tesna Inc has accumulated 103.88 B in total debt. Tesna Inc has a current ratio of 0.84, 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 Tesna until it has trouble settling it off, either with new capital or with free cash flow. So, Tesna'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 Tesna Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tesna to invest in growth at high rates of return. When we think about Tesna's use of debt, we should always consider it together with cash and equity. | |
| About 23.0% of the company shares are owned by insiders or employees |
Tesna 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 Tesna Stock often depends not only on the future outlook of the current and potential Tesna'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. Tesna's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.7 M | |
| Cash And Short Term Investments | 47.4 B |
Tesna Technical Analysis
Tesna's future price can be derived by breaking down and analyzing its technical indicators over time. Tesna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tesna Inc. In general, you should focus on analyzing Tesna Stock price patterns and their correlations with different microeconomic environments and drivers.
Tesna Predictive Forecast Models
Tesna's time-series forecasting models is one of many Tesna'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 Tesna'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 Tesna Inc
Checking the ongoing alerts about Tesna for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tesna Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tesna Inc generated a negative expected return over the last 90 days | |
| Tesna Inc has accumulated 103.88 B in total debt. Tesna Inc has a current ratio of 0.84, 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 Tesna until it has trouble settling it off, either with new capital or with free cash flow. So, Tesna'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 Tesna Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tesna to invest in growth at high rates of return. When we think about Tesna's use of debt, we should always consider it together with cash and equity. | |
| About 23.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Tesna Stock
Tesna financial ratios help investors to determine whether Tesna 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 Tesna with respect to the benefits of owning Tesna security.