Solux (Korea) Chance of Future Stock Price Finishing Under 8,395
| 290690 Stock | KRW 8,630 230.00 2.74% |
Solux |
Solux Target Price Odds to finish below 8,395
The tendency of Solux 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 |
| 8,630 | 90 days | 8,630 | about 34.7 |
Based on a normal probability distribution, the odds of Solux to move below current price in 90 days from now is about 34.7 (This Solux Co probability density function shows the probability of Solux Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Solux has a beta of 0.73. This suggests as returns on the market go up, Solux average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solux Co will be expected to be much smaller as well. Additionally Solux 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. Solux Price Density |
| Price |
Predictive Modules for Solux
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solux. 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.Solux Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solux is not an exception. The market had few large corrections towards the Solux'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 Solux Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solux within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 679.63 | |
Ir | Information ratio | -0.09 |
Solux 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 Solux for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solux can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solux generated a negative expected return over the last 90 days | |
| Solux has high historical volatility and very poor performance | |
| Solux Co has accumulated about 2.46 B in cash with (6.34 B) of positive cash flow from operations. | |
| Roughly 65.0% of the company shares are owned by insiders or employees |
Solux 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 Solux Stock often depends not only on the future outlook of the current and potential Solux'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. Solux's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.3 M | |
| Dividends Paid | 407.9 M | |
| Cash And Short Term Investments | 2.8 B | |
| Shares Float | 6.9 M |
Solux Technical Analysis
Solux's future price can be derived by breaking down and analyzing its technical indicators over time. Solux Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solux Co. In general, you should focus on analyzing Solux Stock price patterns and their correlations with different microeconomic environments and drivers.
Solux Predictive Forecast Models
Solux's time-series forecasting models is one of many Solux'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 Solux'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 Solux
Checking the ongoing alerts about Solux for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solux help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solux generated a negative expected return over the last 90 days | |
| Solux has high historical volatility and very poor performance | |
| Solux Co has accumulated about 2.46 B in cash with (6.34 B) of positive cash flow from operations. | |
| Roughly 65.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Solux Stock
Solux financial ratios help investors to determine whether Solux 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 Solux with respect to the benefits of owning Solux security.