Shin Heung (Korea) Probability of Future Stock Price Finishing Over 5720.00
| 243840 Stock | KRW 5,720 60.00 1.06% |
Shin |
Shin Heung Target Price Odds to finish over 5720.00
The tendency of Shin 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 above the current price in 90 days |
| 5,720 | 90 days | 5,720 | about 98.0 |
Based on a normal probability distribution, the odds of Shin Heung to move above the current price in 90 days from now is about 98.0 (This Shin Heung Energy probability density function shows the probability of Shin Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Shin Heung Energy has a beta of -0.51. This suggests as returns on the benchmark increase, returns on holding Shin Heung are expected to decrease at a much lower rate. During a bear market, however, Shin Heung Energy is likely to outperform the market. Additionally Shin Heung Energy 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. Shin Heung Price Density |
| Price |
Predictive Modules for Shin Heung
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shin Heung Energy. 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.Shin Heung Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shin Heung is not an exception. The market had few large corrections towards the Shin Heung'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 Shin Heung Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shin Heung within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | -0.51 | |
σ | Overall volatility | 984.66 | |
Ir | Information ratio | -0.23 |
Shin Heung 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 Shin Heung for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shin Heung Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shin Heung Energy generated a negative expected return over the last 90 days | |
| Shin Heung Energy has accumulated 63.1 B in total debt with debt to equity ratio (D/E) of 1.2, which is about average as compared to similar companies. Shin Heung Energy has a current ratio of 0.75, 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 Shin Heung until it has trouble settling it off, either with new capital or with free cash flow. So, Shin Heung'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 Shin Heung Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shin to invest in growth at high rates of return. When we think about Shin Heung's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of Shin Heung shares are owned by insiders or employees |
Shin Heung 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 Shin Stock often depends not only on the future outlook of the current and potential Shin Heung'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. Shin Heung's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.8 M | |
| Cash And Short Term Investments | 99 B |
Shin Heung Technical Analysis
Shin Heung's future price can be derived by breaking down and analyzing its technical indicators over time. Shin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shin Heung Energy. In general, you should focus on analyzing Shin Stock price patterns and their correlations with different microeconomic environments and drivers.
Shin Heung Predictive Forecast Models
Shin Heung's time-series forecasting models is one of many Shin Heung'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 Shin Heung'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 Shin Heung Energy
Checking the ongoing alerts about Shin Heung for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shin Heung Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shin Heung Energy generated a negative expected return over the last 90 days | |
| Shin Heung Energy has accumulated 63.1 B in total debt with debt to equity ratio (D/E) of 1.2, which is about average as compared to similar companies. Shin Heung Energy has a current ratio of 0.75, 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 Shin Heung until it has trouble settling it off, either with new capital or with free cash flow. So, Shin Heung'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 Shin Heung Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shin to invest in growth at high rates of return. When we think about Shin Heung's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of Shin Heung shares are owned by insiders or employees |
Other Information on Investing in Shin Stock
Shin Heung financial ratios help investors to determine whether Shin 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 Shin with respect to the benefits of owning Shin Heung security.