SK TELECOM (Germany) Probability of Future Stock Price Finishing Under 21.05
| KMBA Stock | 20.80 0.40 1.89% |
KMBA |
SK TELECOM Target Price Odds to finish below 21.05
The tendency of KMBA 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 under 21.05 after 90 days |
| 20.80 | 90 days | 21.05 | about 80.07 |
Based on a normal probability distribution, the odds of SK TELECOM to stay under 21.05 after 90 days from now is about 80.07 (This SK TELECOM TDADR probability density function shows the probability of KMBA Stock to fall within a particular range of prices over 90 days) . Probability of SK TELECOM TDADR price to stay between its current price of 20.80 and 21.05 at the end of the 90-day period is about 11.69 .
Assuming the 90 days trading horizon SK TELECOM has a beta of 0.44. This indicates as returns on the market go up, SK TELECOM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SK TELECOM TDADR will be expected to be much smaller as well. Additionally SK TELECOM TDADR has an alpha of 0.0154, implying that it can generate a 0.0154 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SK TELECOM Price Density |
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Predictive Modules for SK TELECOM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SK TELECOM TDADR. 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.SK TELECOM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SK TELECOM is not an exception. The market had few large corrections towards the SK TELECOM'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 SK TELECOM TDADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SK TELECOM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | -0.02 |
SK TELECOM Technical Analysis
SK TELECOM's future price can be derived by breaking down and analyzing its technical indicators over time. KMBA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SK TELECOM TDADR. In general, you should focus on analyzing KMBA Stock price patterns and their correlations with different microeconomic environments and drivers.
SK TELECOM Predictive Forecast Models
SK TELECOM's time-series forecasting models is one of many SK TELECOM'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 SK TELECOM'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SK TELECOM in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SK TELECOM's short interest history, or implied volatility extrapolated from SK TELECOM options trading.
Other Information on Investing in KMBA Stock
SK TELECOM financial ratios help investors to determine whether KMBA 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 KMBA with respect to the benefits of owning SK TELECOM security.