Wider Planet (Korea) Probability of Future Stock Price Finishing Over 22176.0
| 321820 Stock | KRW 18,480 370.00 2.04% |
Wider |
Wider Planet Target Price Odds to finish over 22176.0
The tendency of Wider 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 over W 22,176 or more in 90 days |
| 18,480 | 90 days | 22,176 | near 1 |
Based on a normal probability distribution, the odds of Wider Planet to move over W 22,176 or more in 90 days from now is near 1 (This Wider Planet probability density function shows the probability of Wider Stock to fall within a particular range of prices over 90 days) . Probability of Wider Planet price to stay between its current price of W 18,480 and W 22,176 at the end of the 90-day period is about 9.46 .
Assuming the 90 days trading horizon Wider Planet has a beta of -0.44. This suggests as returns on the benchmark increase, returns on holding Wider Planet are expected to decrease at a much lower rate. During a bear market, however, Wider Planet is likely to outperform the market. Additionally Wider Planet has an alpha of 0.6598, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wider Planet Price Density |
| Price |
Predictive Modules for Wider Planet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wider Planet. 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.Wider Planet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wider Planet is not an exception. The market had few large corrections towards the Wider Planet'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 Wider Planet, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wider Planet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | -0.44 | |
σ | Overall volatility | 1,865 | |
Ir | Information ratio | 0.14 |
Wider Planet 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 Wider Planet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wider Planet can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wider Planet appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 35.42 B. Net Loss for the year was (7.95 B) with profit before overhead, payroll, taxes, and interest of 11.15 B. | |
| Wider Planet has accumulated about 40.28 B in cash with (3.69 B) of positive cash flow from operations. | |
| Roughly 44.0% of the company shares are owned by insiders or employees |
Wider Planet 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 Wider Stock often depends not only on the future outlook of the current and potential Wider Planet'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. Wider Planet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.9 M | |
| Cash And Short Term Investments | 40.3 B |
Wider Planet Technical Analysis
Wider Planet's future price can be derived by breaking down and analyzing its technical indicators over time. Wider Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wider Planet. In general, you should focus on analyzing Wider Stock price patterns and their correlations with different microeconomic environments and drivers.
Wider Planet Predictive Forecast Models
Wider Planet's time-series forecasting models is one of many Wider Planet'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 Wider Planet'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 Wider Planet
Checking the ongoing alerts about Wider Planet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wider Planet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wider Planet appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 35.42 B. Net Loss for the year was (7.95 B) with profit before overhead, payroll, taxes, and interest of 11.15 B. | |
| Wider Planet has accumulated about 40.28 B in cash with (3.69 B) of positive cash flow from operations. | |
| Roughly 44.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Wider Stock
Wider Planet financial ratios help investors to determine whether Wider 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 Wider with respect to the benefits of owning Wider Planet security.