Wonik Ips (Korea) Probability of Future Stock Price Finishing Under 36,141
| 240810 Stock | KRW 21,800 500.00 2.35% |
Wonik |
Wonik Ips Target Price Odds to finish below 36,141
The tendency of Wonik 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 |
| 21,800 | 90 days | 21,800 | about 6.12 |
Based on a normal probability distribution, the odds of Wonik Ips to move below current price in 90 days from now is about 6.12 (This Wonik Ips Co probability density function shows the probability of Wonik Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Wonik Ips has a beta of 0.88. This suggests Wonik Ips Co market returns are sensitive to returns on the market. As the market goes up or down, Wonik Ips is expected to follow. Additionally Wonik Ips 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. Wonik Ips Price Density |
| Price |
Predictive Modules for Wonik Ips
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wonik Ips. 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.Wonik Ips Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wonik Ips is not an exception. The market had few large corrections towards the Wonik Ips' 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 Wonik Ips Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wonik Ips within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.71 | |
β | Beta against Dow Jones | 0.88 | |
σ | Overall volatility | 3,771 | |
Ir | Information ratio | -0.25 |
Wonik Ips 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 Wonik Ips for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wonik Ips can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wonik Ips generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
Wonik Ips 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 Wonik Stock often depends not only on the future outlook of the current and potential Wonik Ips' 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. Wonik Ips' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.3 M | |
| Cash And Short Term Investments | 195.2 B |
Wonik Ips Technical Analysis
Wonik Ips' future price can be derived by breaking down and analyzing its technical indicators over time. Wonik Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wonik Ips Co. In general, you should focus on analyzing Wonik Stock price patterns and their correlations with different microeconomic environments and drivers.
Wonik Ips Predictive Forecast Models
Wonik Ips' time-series forecasting models is one of many Wonik Ips' 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 Wonik Ips' 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 Wonik Ips
Checking the ongoing alerts about Wonik Ips for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wonik Ips help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wonik Ips generated a negative expected return over the last 90 days | |
| About 33.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Wonik Stock
Wonik Ips financial ratios help investors to determine whether Wonik 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 Wonik with respect to the benefits of owning Wonik Ips security.