Humax (Korea) Chance of Future Stock Price Finishing Under 1,262
| 115160 Stock | KRW 1,032 42.00 4.24% |
Humax |
Humax Target Price Odds to finish below 1,262
The tendency of Humax 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 |
| 1,032 | 90 days | 1,032 | near 1 |
Based on a normal probability distribution, the odds of Humax to move below current price in 90 days from now is near 1 (This Humax Co probability density function shows the probability of Humax Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Humax has a beta of 0.0336. This suggests as returns on the market go up, Humax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Humax Co will be expected to be much smaller as well. Additionally Humax 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. Humax Price Density |
| Price |
Predictive Modules for Humax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humax. 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.Humax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Humax is not an exception. The market had few large corrections towards the Humax'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 Humax Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Humax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.86 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 234.70 | |
Ir | Information ratio | -0.41 |
Humax 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 Humax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Humax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Humax generated a negative expected return over the last 90 days | |
| Humax has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 643.89 B. Net Loss for the year was (40.93 B) with profit before overhead, payroll, taxes, and interest of 177.97 B. | |
| Humax Co has accumulated about 94.19 B in cash with (20.49 B) of positive cash flow from operations. | |
| Roughly 32.0% of the company shares are owned by insiders or employees |
Humax 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 Humax Stock often depends not only on the future outlook of the current and potential Humax'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. Humax's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43 M | |
| Cash And Short Term Investments | 114.4 B | |
| Shares Float | 26.6 M |
Humax Technical Analysis
Humax's future price can be derived by breaking down and analyzing its technical indicators over time. Humax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Humax Co. In general, you should focus on analyzing Humax Stock price patterns and their correlations with different microeconomic environments and drivers.
Humax Predictive Forecast Models
Humax's time-series forecasting models is one of many Humax'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 Humax'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 Humax
Checking the ongoing alerts about Humax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Humax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Humax generated a negative expected return over the last 90 days | |
| Humax has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 643.89 B. Net Loss for the year was (40.93 B) with profit before overhead, payroll, taxes, and interest of 177.97 B. | |
| Humax Co has accumulated about 94.19 B in cash with (20.49 B) of positive cash flow from operations. | |
| Roughly 32.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Humax Stock
Humax financial ratios help investors to determine whether Humax 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 Humax with respect to the benefits of owning Humax security.