SK Telecom Stock Forecast - Daily Balance Of Power

SKM Stock  USD 24.22  0.05  0.21%   
SKM Stock Forecast is based on your current time horizon. Although SK Telecom's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of SK Telecom's systematic risk associated with finding meaningful patterns of SK Telecom fundamentals over time.
  
At this time, SK Telecom's Payables Turnover is very stable compared to the past year. As of the 30th of November 2024, Fixed Asset Turnover is likely to grow to 1.99, while Inventory Turnover is likely to drop 45.55. . As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 300.3 M, while Net Income Applicable To Common Shares is likely to drop about 696.3 B.
On September 19, 2024 SK Telecom Co had Daily Balance Of Power of (0.86). Balance of Power indicator (or BOP) measures the strength of SK Telecom Co market sensitivity to bulls and bears. It estimates the ability of SK Telecom buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SK Telecom Balance of Power indicator one can determine a trend of the price direction.
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SK Telecom Trading Date Momentum

On September 20 2024 SK Telecom Co was traded for  23.91  at the closing time. Highest SK Telecom's price during the trading hours was 24.10  and the lowest price during the day was  23.68 . The net volume was 253.7 K. The overall trading history on the 20th of September contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.36% . The trading price change to current price is 0.08% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for SK Telecom

For every potential investor in SKM, whether a beginner or expert, SK Telecom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SKM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SKM. Basic forecasting techniques help filter out the noise by identifying SK Telecom's price trends.

SK Telecom Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SK Telecom stock to make a market-neutral strategy. Peer analysis of SK Telecom could also be used in its relative valuation, which is a method of valuing SK Telecom by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

SK Telecom Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of SK Telecom's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of SK Telecom's current price.

SK Telecom Market Strength Events

Market strength indicators help investors to evaluate how SK Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SK Telecom shares will generate the highest return on investment. By undertsting and applying SK Telecom stock market strength indicators, traders can identify SK Telecom Co entry and exit signals to maximize returns.

SK Telecom Risk Indicators

The analysis of SK Telecom's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in SK Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether SK Telecom is a strong investment it is important to analyze SK Telecom's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SK Telecom's future performance. For an informed investment choice regarding SKM Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of SK Telecom to cross-verify your projections.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SK Telecom. If investors know SKM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SK Telecom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
3.5 K
Earnings Share
1.97
Revenue Per Share
46.3 K
Quarterly Revenue Growth
0.029
The market value of SK Telecom is measured differently than its book value, which is the value of SKM that is recorded on the company's balance sheet. Investors also form their own opinion of SK Telecom's value that differs from its market value or its book value, called intrinsic value, which is SK Telecom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SK Telecom's market value can be influenced by many factors that don't directly affect SK Telecom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SK Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if SK Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SK Telecom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.