THiRA-UTECH (Korea) Probability of Future Stock Price Finishing Under 4422.15
| 322180 Stock | KRW 4,755 40.00 0.83% |
THiRA-UTECH |
THiRA-UTECH Target Price Odds to finish below 4422.15
The tendency of THiRA-UTECH 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 4,422 or more in 90 days |
| 4,755 | 90 days | 4,422 | near 1 |
Based on a normal probability distribution, the odds of THiRA-UTECH to drop to W 4,422 or more in 90 days from now is near 1 (This THiRA UTECH LTD probability density function shows the probability of THiRA-UTECH Stock to fall within a particular range of prices over 90 days) . Probability of THiRA UTECH LTD price to stay between W 4,422 and its current price of W4755.0 at the end of the 90-day period is roughly 2.65 .
Assuming the 90 days trading horizon THiRA-UTECH has a beta of 0.95. This suggests THiRA UTECH LTD market returns are sensitive to returns on the market. As the market goes up or down, THiRA-UTECH is expected to follow. Additionally THiRA UTECH LTD 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. THiRA-UTECH Price Density |
| Price |
Predictive Modules for THiRA-UTECH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as THiRA UTECH LTD. 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.THiRA-UTECH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. THiRA-UTECH is not an exception. The market had few large corrections towards the THiRA-UTECH'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 THiRA UTECH LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of THiRA-UTECH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 362.11 | |
Ir | Information ratio | -0.09 |
THiRA-UTECH 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 THiRA-UTECH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for THiRA UTECH LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| THiRA UTECH LTD generated a negative expected return over the last 90 days | |
| The company reported the revenue of 39.33 B. Net Loss for the year was (8.7 B) with profit before overhead, payroll, taxes, and interest of 4.29 B. | |
| THiRA UTECH LTD has accumulated about 1.01 B in cash with (3.5 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 753.44. | |
| Roughly 67.0% of the company shares are owned by insiders or employees |
THiRA-UTECH 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 THiRA-UTECH Stock often depends not only on the future outlook of the current and potential THiRA-UTECH'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. THiRA-UTECH's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.3 M | |
| Cash And Short Term Investments | 1 B |
THiRA-UTECH Technical Analysis
THiRA-UTECH's future price can be derived by breaking down and analyzing its technical indicators over time. THiRA-UTECH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of THiRA UTECH LTD. In general, you should focus on analyzing THiRA-UTECH Stock price patterns and their correlations with different microeconomic environments and drivers.
THiRA-UTECH Predictive Forecast Models
THiRA-UTECH's time-series forecasting models is one of many THiRA-UTECH'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 THiRA-UTECH'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 THiRA UTECH LTD
Checking the ongoing alerts about THiRA-UTECH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for THiRA UTECH LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| THiRA UTECH LTD generated a negative expected return over the last 90 days | |
| The company reported the revenue of 39.33 B. Net Loss for the year was (8.7 B) with profit before overhead, payroll, taxes, and interest of 4.29 B. | |
| THiRA UTECH LTD has accumulated about 1.01 B in cash with (3.5 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 753.44. | |
| Roughly 67.0% of the company shares are owned by insiders or employees |
Other Information on Investing in THiRA-UTECH Stock
THiRA-UTECH financial ratios help investors to determine whether THiRA-UTECH 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 THiRA-UTECH with respect to the benefits of owning THiRA-UTECH security.