Hankook Furniture (Korea) Price Prediction

004590 Stock  KRW 4,115  40.00  0.98%   
As of today the value of rsi of Hankook Furniture's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

19

 
Oversold
 
Overbought
The successful prediction of Hankook Furniture's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Hankook Furniture Co, which may create opportunities for some arbitrage if properly timed.
Using Hankook Furniture hype-based prediction, you can estimate the value of Hankook Furniture Co from the perspective of Hankook Furniture response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Hankook Furniture to buy its stock at a price that has no basis in reality. In that case, they are not buying Hankook because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Hankook Furniture after-hype prediction price

    
  KRW 4115.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Hankook Furniture Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
3,4493,4514,526
Details
Naive
Forecast
LowNextHigh
4,2424,2444,245
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3,4323,8204,207
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hankook Furniture. Your research has to be compared to or analyzed against Hankook Furniture's peers to derive any actionable benefits. When done correctly, Hankook Furniture's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hankook Furniture.

Hankook Furniture After-Hype Price Prediction Density Analysis

As far as predicting the price of Hankook Furniture at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Hankook Furniture or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Hankook Furniture, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Hankook Furniture Estimiated After-Hype Price Volatility

In the context of predicting Hankook Furniture's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hankook Furniture's historical news coverage. Hankook Furniture's after-hype downside and upside margins for the prediction period are 4,114 and 4,116, respectively. We have considered Hankook Furniture's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
4,115
4,115
After-hype Price
4,116
Upside
Hankook Furniture is very steady at this time. Analysis and calculation of next after-hype price of Hankook Furniture is based on 3 months time horizon.

Hankook Furniture Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Hankook Furniture is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hankook Furniture backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Hankook Furniture, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18 
1.31
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4,115
4,115
0.00 
0.00  
Notes

Hankook Furniture Hype Timeline

Hankook Furniture is presently traded for 4,115on KOSDAQ of Korea. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Hankook is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.18%. %. The volatility of related hype on Hankook Furniture is about 0.0%, with the expected price after the next announcement by competition of 4,115. About 56.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Hankook Furniture had 5:1 split on the 26th of April 2019. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Hankook Furniture Basic Forecasting Models to cross-verify your projections.

Hankook Furniture Related Hype Analysis

Having access to credible news sources related to Hankook Furniture's direct competition is more important than ever and may enhance your ability to predict Hankook Furniture's future price movements. Getting to know how Hankook Furniture's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Hankook Furniture may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
052900KMH Hitech Co 0.00 0 per month 0.00 (0.21) 2.50 (3.56) 7.03 
082270GemVaxKAEL CoLtd 0.00 0 per month 6.36  0.09  11.51 (5.93) 59.94 
011390Busan Industrial Co 0.00 0 per month 2.41  0.01  4.70 (4.61) 24.98 
011390Busan Ind 0.00 0 per month 2.41  0.01  4.70 (4.61) 24.98 
500015Shinhan WTI Futures 0.00 0 per month 0.00 (0.10) 2.86 (4.10) 8.67 
133820Finebesteel 0.00 0 per month 1.91  0.03  3.59 (2.87) 25.82 
500003Shinhan Inverse WTI 0.00 0 per month 1.84 (0.01) 4.16 (3.07) 9.46 
133820Fine Besteel Co 0.00 0 per month 1.91  0.03  3.59 (2.87) 25.82 
267250Hyundai Heavy Industries 0.00 0 per month 2.15 (0.06) 2.80 (3.21) 9.29 
361580KBSTAR 200TR 0.00 0 per month 0.00 (0.21) 1.61 (2.16) 5.89 

Hankook Furniture Additional Predictive Modules

Most predictive techniques to examine Hankook price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hankook using various technical indicators. When you analyze Hankook charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Hankook Furniture Predictive Indicators

The successful prediction of Hankook Furniture stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Hankook Furniture Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Hankook Furniture based on analysis of Hankook Furniture hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Hankook Furniture's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Hankook Furniture's related companies.

Story Coverage note for Hankook Furniture

The number of cover stories for Hankook Furniture depends on current market conditions and Hankook Furniture's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hankook Furniture is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Hankook Furniture's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Hankook Furniture Short Properties

Hankook Furniture's future price predictability will typically decrease when Hankook Furniture's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hankook Furniture Co often depends not only on the future outlook of the potential Hankook Furniture'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. Hankook Furniture's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding15 M
Cash And Short Term Investments18.3 B

Complementary Tools for Hankook Stock analysis

When running Hankook Furniture's price analysis, check to measure Hankook Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hankook Furniture is operating at the current time. Most of Hankook Furniture's value examination focuses on studying past and present price action to predict the probability of Hankook Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hankook Furniture's price. Additionally, you may evaluate how the addition of Hankook Furniture to your portfolios can decrease your overall portfolio volatility.
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