Sungwoo Electronics (Korea) Probability of Future Stock Price Finishing Under 3,795
| 081580 Stock | 3,430 20.00 0.59% |
Sungwoo |
Sungwoo Electronics Target Price Odds to finish below 3,795
The tendency of Sungwoo 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 below current price in 90 days |
| 3,430 | 90 days | 3,430 | about 5.7 |
Based on a normal probability distribution, the odds of Sungwoo Electronics to move below current price in 90 days from now is about 5.7 (This Sungwoo Electronics Co probability density function shows the probability of Sungwoo Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sungwoo Electronics Co has a beta of -0.0087. This suggests as returns on the benchmark increase, returns on holding Sungwoo Electronics are expected to decrease at a much lower rate. During a bear market, however, Sungwoo Electronics Co is likely to outperform the market. Additionally Sungwoo 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. Sungwoo Electronics Price Density |
| Price |
Predictive Modules for Sungwoo 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 Sungwoo 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.Sungwoo Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sungwoo Electronics is not an exception. The market had few large corrections towards the Sungwoo 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 Sungwoo Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sungwoo Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.0087 | |
σ | Overall volatility | 502.45 | |
Ir | Information ratio | -0.07 |
Sungwoo 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 Sungwoo Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sungwoo 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.| Sungwoo Electronics generated a negative expected return over the last 90 days | |
| Sungwoo Electronics has high historical volatility and very poor performance |
Sungwoo 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 Sungwoo Stock often depends not only on the future outlook of the current and potential Sungwoo 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. Sungwoo Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.2 M | |
| Short Long Term Debt | 11.5 B |
Sungwoo Electronics Technical Analysis
Sungwoo Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Sungwoo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sungwoo Electronics Co. In general, you should focus on analyzing Sungwoo Stock price patterns and their correlations with different microeconomic environments and drivers.
Sungwoo Electronics Predictive Forecast Models
Sungwoo Electronics' time-series forecasting models is one of many Sungwoo 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 Sungwoo 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 Sungwoo Electronics
Checking the ongoing alerts about Sungwoo Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sungwoo Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sungwoo Electronics generated a negative expected return over the last 90 days | |
| Sungwoo Electronics has high historical volatility and very poor performance |
Other Information on Investing in Sungwoo Stock
Sungwoo Electronics financial ratios help investors to determine whether Sungwoo 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 Sungwoo with respect to the benefits of owning Sungwoo Electronics security.