Sungmoon Electronics (Korea) Probability of Future Stock Price Finishing Over 4435.0
| 014915 Stock | 4,435 105.00 2.42% |
Sungmoon |
Sungmoon Electronics Target Price Odds to finish over 4435.0
The tendency of Sungmoon 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 above the current price in 90 days |
| 4,435 | 90 days | 4,435 | about 98.0 |
Based on a normal probability distribution, the odds of Sungmoon Electronics to move above the current price in 90 days from now is about 98.0 (This Sungmoon Electronics Co probability density function shows the probability of Sungmoon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sungmoon Electronics Co has a beta of -0.85. This suggests Additionally Sungmoon Electronics Co 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. Sungmoon Electronics Price Density |
| Price |
Predictive Modules for Sungmoon Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sungmoon Electronics. 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.Sungmoon Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sungmoon Electronics is not an exception. The market had few large corrections towards the Sungmoon Electronics' 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 Sungmoon Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sungmoon Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.85 | |
σ | Overall volatility | 226.12 | |
Ir | Information ratio | -0.1 |
Sungmoon Electronics 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 Sungmoon Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sungmoon Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sungmoon Electronics generated a negative expected return over the last 90 days | |
| Sungmoon Electronics has high historical volatility and very poor performance |
Sungmoon Electronics 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 Sungmoon Stock often depends not only on the future outlook of the current and potential Sungmoon Electronics' 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. Sungmoon Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.2 M |
Sungmoon Electronics Technical Analysis
Sungmoon Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Sungmoon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sungmoon Electronics Co. In general, you should focus on analyzing Sungmoon Stock price patterns and their correlations with different microeconomic environments and drivers.
Sungmoon Electronics Predictive Forecast Models
Sungmoon Electronics' time-series forecasting models is one of many Sungmoon Electronics' 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 Sungmoon Electronics' 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 Sungmoon Electronics
Checking the ongoing alerts about Sungmoon Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sungmoon Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sungmoon Electronics generated a negative expected return over the last 90 days | |
| Sungmoon Electronics has high historical volatility and very poor performance |
Other Information on Investing in Sungmoon Stock
Sungmoon Electronics financial ratios help investors to determine whether Sungmoon 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 Sungmoon with respect to the benefits of owning Sungmoon Electronics security.