YOUNGHWA TECH (Korea) Probability of Future Stock Price Finishing Under 6800.0
| 265560 Stock | KRW 7,470 20.00 0.27% |
YOUNGHWA |
YOUNGHWA TECH Target Price Odds to finish below 6800.0
The tendency of YOUNGHWA 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 drop to W 6,800 or more in 90 days |
| 7,470 | 90 days | 6,800 | about 1.5 |
Based on a normal probability distribution, the odds of YOUNGHWA TECH to drop to W 6,800 or more in 90 days from now is about 1.5 (This YOUNGHWA TECH Co probability density function shows the probability of YOUNGHWA Stock to fall within a particular range of prices over 90 days) . Probability of YOUNGHWA TECH price to stay between W 6,800 and its current price of W7470.0 at the end of the 90-day period is about 11.66 .
Assuming the 90 days trading horizon YOUNGHWA TECH has a beta of 0.0089. This suggests as returns on the market go up, YOUNGHWA TECH average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding YOUNGHWA TECH Co will be expected to be much smaller as well. Additionally YOUNGHWA TECH 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. YOUNGHWA TECH Price Density |
| Price |
Predictive Modules for YOUNGHWA 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 YOUNGHWA TECH. 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.YOUNGHWA TECH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. YOUNGHWA TECH is not an exception. The market had few large corrections towards the YOUNGHWA 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 YOUNGHWA TECH Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of YOUNGHWA TECH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 639.59 | |
Ir | Information ratio | -0.13 |
YOUNGHWA 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 YOUNGHWA TECH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for YOUNGHWA TECH can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| YOUNGHWA TECH generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are owned by insiders or employees |
YOUNGHWA 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 YOUNGHWA Stock often depends not only on the future outlook of the current and potential YOUNGHWA 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. YOUNGHWA TECH's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.7 M | |
| Dividends Paid | 267.3 M | |
| Cash And Short Term Investments | 21.9 B | |
| Shares Float | 4.4 M |
YOUNGHWA TECH Technical Analysis
YOUNGHWA TECH's future price can be derived by breaking down and analyzing its technical indicators over time. YOUNGHWA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of YOUNGHWA TECH Co. In general, you should focus on analyzing YOUNGHWA Stock price patterns and their correlations with different microeconomic environments and drivers.
YOUNGHWA TECH Predictive Forecast Models
YOUNGHWA TECH's time-series forecasting models is one of many YOUNGHWA 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 YOUNGHWA 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 YOUNGHWA TECH
Checking the ongoing alerts about YOUNGHWA TECH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for YOUNGHWA TECH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| YOUNGHWA TECH generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are owned by insiders or employees |
Other Information on Investing in YOUNGHWA Stock
YOUNGHWA TECH financial ratios help investors to determine whether YOUNGHWA 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 YOUNGHWA with respect to the benefits of owning YOUNGHWA TECH security.