Daechang Steel (Korea) Probability of Future Stock Price Finishing Under 2225.0
| 140520 Stock | KRW 2,225 45.00 1.98% |
Daechang |
Daechang Steel Target Price Odds to finish below 2225.0
The tendency of Daechang 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 |
| 2,225 | 90 days | 2,225 | about 12.92 |
Based on a normal probability distribution, the odds of Daechang Steel to move below current price in 90 days from now is about 12.92 (This Daechang Steel Co probability density function shows the probability of Daechang Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Daechang Steel has a beta of 0.2. This suggests as returns on the market go up, Daechang Steel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Daechang Steel Co will be expected to be much smaller as well. Additionally Daechang Steel Co 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. Daechang Steel Price Density |
| Price |
Predictive Modules for Daechang Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daechang Steel. 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.Daechang Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daechang Steel is not an exception. The market had few large corrections towards the Daechang Steel'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 Daechang Steel Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daechang Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 35.58 | |
Ir | Information ratio | -0.12 |
Daechang Steel 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 Daechang Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Daechang Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Daechang Steel generated a negative expected return over the last 90 days | |
| Daechang Steel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Daechang Steel Co has accumulated 100.43 M in total debt with debt to equity ratio (D/E) of 128.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Daechang Steel has a current ratio of 0.66, 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 Daechang Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Daechang Steel'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 Daechang Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daechang to invest in growth at high rates of return. When we think about Daechang Steel's use of debt, we should always consider it together with cash and equity. | |
| Daechang Steel Co has accumulated about 6.31 B in cash with (15.18 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 263.75. | |
| Roughly 63.0% of Daechang Steel shares are owned by insiders or employees |
Daechang Steel 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 Daechang Stock often depends not only on the future outlook of the current and potential Daechang Steel'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. Daechang Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.1 M | |
| Dividends Paid | 2 B | |
| Cash And Short Term Investments | 11 B | |
| Shares Float | 7.4 M |
Daechang Steel Technical Analysis
Daechang Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Daechang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daechang Steel Co. In general, you should focus on analyzing Daechang Stock price patterns and their correlations with different microeconomic environments and drivers.
Daechang Steel Predictive Forecast Models
Daechang Steel's time-series forecasting models is one of many Daechang Steel'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 Daechang Steel'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 Daechang Steel
Checking the ongoing alerts about Daechang Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Daechang Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Daechang Steel generated a negative expected return over the last 90 days | |
| Daechang Steel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Daechang Steel Co has accumulated 100.43 M in total debt with debt to equity ratio (D/E) of 128.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Daechang Steel has a current ratio of 0.66, 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 Daechang Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Daechang Steel'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 Daechang Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daechang to invest in growth at high rates of return. When we think about Daechang Steel's use of debt, we should always consider it together with cash and equity. | |
| Daechang Steel Co has accumulated about 6.31 B in cash with (15.18 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 263.75. | |
| Roughly 63.0% of Daechang Steel shares are owned by insiders or employees |
Other Information on Investing in Daechang Stock
Daechang Steel financial ratios help investors to determine whether Daechang 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 Daechang with respect to the benefits of owning Daechang Steel security.