Namu Tech (Korea) Probability of Future Stock Price Finishing Under 1,428
| 242040 Stock | KRW 1,432 75.00 4.98% |
Namu |
Namu Tech Target Price Odds to finish below 1,428
The tendency of Namu 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 |
| 1,432 | 90 days | 1,432 | nearly 4.05 |
Based on a normal probability distribution, the odds of Namu Tech to move below current price in 90 days from now is nearly 4.05 (This Namu Tech CoLtd probability density function shows the probability of Namu Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Namu Tech CoLtd has a beta of -0.53. This suggests as returns on the benchmark increase, returns on holding Namu Tech are expected to decrease at a much lower rate. During a bear market, however, Namu Tech CoLtd is likely to outperform the market. Additionally Namu Tech CoLtd has an alpha of 0.0413, implying that it can generate a 0.0413 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Namu Tech Price Density |
| Price |
Predictive Modules for Namu Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Namu Tech 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.Namu Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Namu Tech is not an exception. The market had few large corrections towards the Namu Tech'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 Namu Tech CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Namu Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 78.74 | |
Ir | Information ratio | 0 |
Namu Tech 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 Namu Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Namu Tech 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.| Namu Tech CoLtd generated a negative expected return over the last 90 days | |
| Namu Tech CoLtd has high historical volatility and very poor performance | |
| The company reported the revenue of 94.47 B. Net Loss for the year was (992.12 M) with profit before overhead, payroll, taxes, and interest of 12.64 B. | |
| About 30.0% of the company shares are owned by insiders or employees |
Namu Tech 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 Namu Stock often depends not only on the future outlook of the current and potential Namu Tech'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. Namu Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.6 M | |
| Cash And Short Term Investments | 19.2 B |
Namu Tech Technical Analysis
Namu Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Namu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Namu Tech CoLtd. In general, you should focus on analyzing Namu Stock price patterns and their correlations with different microeconomic environments and drivers.
Namu Tech Predictive Forecast Models
Namu Tech's time-series forecasting models is one of many Namu Tech'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 Namu Tech'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 Namu Tech CoLtd
Checking the ongoing alerts about Namu Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Namu Tech CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Namu Tech CoLtd generated a negative expected return over the last 90 days | |
| Namu Tech CoLtd has high historical volatility and very poor performance | |
| The company reported the revenue of 94.47 B. Net Loss for the year was (992.12 M) with profit before overhead, payroll, taxes, and interest of 12.64 B. | |
| About 30.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Namu Stock
Namu Tech financial ratios help investors to determine whether Namu 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 Namu with respect to the benefits of owning Namu Tech security.