WOORI FIN (Germany) Probability of Future Stock Price Finishing Over 31.23
| 2WGA Stock | EUR 32.20 0.40 1.23% |
WOORI |
WOORI FIN Target Price Odds to finish over 31.23
The tendency of WOORI 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 stay above € 31.23 in 90 days |
| 32.20 | 90 days | 31.23 | about 48.19 |
Based on a normal probability distribution, the odds of WOORI FIN to stay above € 31.23 in 90 days from now is about 48.19 (This WOORI FIN GRP probability density function shows the probability of WOORI Stock to fall within a particular range of prices over 90 days) . Probability of WOORI FIN GRP price to stay between € 31.23 and its current price of €32.2 at the end of the 90-day period is about 30.5 .
Assuming the 90 days trading horizon WOORI FIN has a beta of 0.33. This suggests as returns on the market go up, WOORI FIN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WOORI FIN GRP will be expected to be much smaller as well. Additionally WOORI FIN GRP has an alpha of 0.0805, implying that it can generate a 0.0805 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WOORI FIN Price Density |
| Price |
Predictive Modules for WOORI FIN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WOORI FIN GRP. 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.WOORI FIN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WOORI FIN is not an exception. The market had few large corrections towards the WOORI FIN'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 WOORI FIN GRP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WOORI FIN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | -0.0016 |
WOORI FIN 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 WOORI FIN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WOORI FIN GRP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WOORI FIN GRP had very high historical volatility over the last 90 days | |
| WOORI FIN GRP has accumulated about 27.03 T in cash with (27.18 T) of positive cash flow from operations. |
WOORI FIN Technical Analysis
WOORI FIN's future price can be derived by breaking down and analyzing its technical indicators over time. WOORI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WOORI FIN GRP. In general, you should focus on analyzing WOORI Stock price patterns and their correlations with different microeconomic environments and drivers.
WOORI FIN Predictive Forecast Models
WOORI FIN's time-series forecasting models is one of many WOORI FIN'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 WOORI FIN'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 WOORI FIN GRP
Checking the ongoing alerts about WOORI FIN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WOORI FIN GRP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WOORI FIN GRP had very high historical volatility over the last 90 days | |
| WOORI FIN GRP has accumulated about 27.03 T in cash with (27.18 T) of positive cash flow from operations. |
Other Information on Investing in WOORI Stock
WOORI FIN financial ratios help investors to determine whether WOORI 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 WOORI with respect to the benefits of owning WOORI FIN security.