FLITTO (Korea) Chance of Future Stock Price Finishing Under 27,282
| 300080 Stock | KRW 17,510 4,040 29.99% |
FLITTO |
FLITTO Target Price Odds to finish below 27,282
The tendency of FLITTO 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 |
| 17,510 | 90 days | 17,510 | about 72.21 |
Based on a normal probability distribution, the odds of FLITTO to move below current price in 90 days from now is about 72.21 (This FLITTO Inc probability density function shows the probability of FLITTO Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.67 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FLITTO will likely underperform. Additionally FLITTO Inc 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. FLITTO Price Density |
| Price |
Predictive Modules for FLITTO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FLITTO Inc. 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.FLITTO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FLITTO is not an exception. The market had few large corrections towards the FLITTO'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 FLITTO Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FLITTO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.64 | |
β | Beta against Dow Jones | 1.67 | |
σ | Overall volatility | 1,983 | |
Ir | Information ratio | -0.13 |
FLITTO 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 FLITTO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FLITTO Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FLITTO Inc had very high historical volatility over the last 90 days | |
| The company reported the revenue of 10.06 B. Net Loss for the year was (4.17 B) with profit before overhead, payroll, taxes, and interest of 5.89 B. | |
| FLITTO Inc has accumulated about 2 B in cash with (6.03 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
FLITTO 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 FLITTO Stock often depends not only on the future outlook of the current and potential FLITTO'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. FLITTO's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.2 M | |
| Cash And Short Term Investments | 25 B |
FLITTO Technical Analysis
FLITTO's future price can be derived by breaking down and analyzing its technical indicators over time. FLITTO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FLITTO Inc. In general, you should focus on analyzing FLITTO Stock price patterns and their correlations with different microeconomic environments and drivers.
FLITTO Predictive Forecast Models
FLITTO's time-series forecasting models is one of many FLITTO'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 FLITTO'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 FLITTO Inc
Checking the ongoing alerts about FLITTO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FLITTO Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FLITTO Inc had very high historical volatility over the last 90 days | |
| The company reported the revenue of 10.06 B. Net Loss for the year was (4.17 B) with profit before overhead, payroll, taxes, and interest of 5.89 B. | |
| FLITTO Inc has accumulated about 2 B in cash with (6.03 B) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are owned by insiders or employees |
Other Information on Investing in FLITTO Stock
FLITTO financial ratios help investors to determine whether FLITTO 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 FLITTO with respect to the benefits of owning FLITTO security.