AeroSpace Technology (Korea) Probability of Future Stock Price Finishing Under 496.22
| 067390 Stock | KRW 498.00 11.00 2.16% |
AeroSpace |
AeroSpace Technology Target Price Odds to finish below 496.22
The tendency of AeroSpace 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 496.22 or more in 90 days |
| 498.00 | 90 days | 496.22 | under 4 |
Based on a normal probability distribution, the odds of AeroSpace Technology to drop to W 496.22 or more in 90 days from now is under 4 (This AeroSpace Technology of probability density function shows the probability of AeroSpace Stock to fall within a particular range of prices over 90 days) . Probability of AeroSpace Technology price to stay between W 496.22 and its current price of W498.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon AeroSpace Technology has a beta of 0.19. This suggests as returns on the market go up, AeroSpace Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AeroSpace Technology of will be expected to be much smaller as well. Additionally AeroSpace Technology of 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. AeroSpace Technology Price Density |
| Price |
Predictive Modules for AeroSpace Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AeroSpace Technology. 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.AeroSpace Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AeroSpace Technology is not an exception. The market had few large corrections towards the AeroSpace Technology'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 AeroSpace Technology of, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AeroSpace Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 31.97 | |
Ir | Information ratio | -0.28 |
AeroSpace Technology 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 AeroSpace Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AeroSpace Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AeroSpace Technology generated a negative expected return over the last 90 days | |
| The company reported the revenue of 81.16 B. Net Loss for the year was (33.72 B) with loss before overhead, payroll, taxes, and interest of (7.05 B). | |
| AeroSpace Technology of has accumulated about 9.99 B in cash with (4.87 B) of positive cash flow from operations. | |
| Roughly 13.0% of the company shares are owned by insiders or employees |
AeroSpace Technology 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 AeroSpace Stock often depends not only on the future outlook of the current and potential AeroSpace Technology'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. AeroSpace Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.6 M | |
| Cash And Short Term Investments | 10 B | |
| Shares Float | 22.1 M |
AeroSpace Technology Technical Analysis
AeroSpace Technology's future price can be derived by breaking down and analyzing its technical indicators over time. AeroSpace Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AeroSpace Technology of. In general, you should focus on analyzing AeroSpace Stock price patterns and their correlations with different microeconomic environments and drivers.
AeroSpace Technology Predictive Forecast Models
AeroSpace Technology's time-series forecasting models is one of many AeroSpace Technology'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 AeroSpace Technology'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 AeroSpace Technology
Checking the ongoing alerts about AeroSpace Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AeroSpace Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AeroSpace Technology generated a negative expected return over the last 90 days | |
| The company reported the revenue of 81.16 B. Net Loss for the year was (33.72 B) with loss before overhead, payroll, taxes, and interest of (7.05 B). | |
| AeroSpace Technology of has accumulated about 9.99 B in cash with (4.87 B) of positive cash flow from operations. | |
| Roughly 13.0% of the company shares are owned by insiders or employees |
Other Information on Investing in AeroSpace Stock
AeroSpace Technology financial ratios help investors to determine whether AeroSpace 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 AeroSpace with respect to the benefits of owning AeroSpace Technology security.