Hanil Vacuum (Korea) Probability of Future Stock Price Finishing Under 1,633
| 123840 Stock | KRW 1,616 53.00 3.18% |
Hanil |
Hanil Vacuum Target Price Odds to finish below 1,633
The tendency of Hanil 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 |
| 1,616 | 90 days | 1,616 | about 5.54 |
Based on a normal probability distribution, the odds of Hanil Vacuum to move below current price in 90 days from now is about 5.54 (This Hanil Vacuum Co probability density function shows the probability of Hanil Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hanil Vacuum Co has a beta of -0.75. This suggests as returns on the benchmark increase, returns on holding Hanil Vacuum are expected to decrease at a much lower rate. During a bear market, however, Hanil Vacuum Co is likely to outperform the market. Additionally Hanil Vacuum 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. Hanil Vacuum Price Density |
| Price |
Predictive Modules for Hanil Vacuum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hanil Vacuum. 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.Hanil Vacuum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanil Vacuum is not an exception. The market had few large corrections towards the Hanil Vacuum'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 Hanil Vacuum Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanil Vacuum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.6 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 317.35 | |
Ir | Information ratio | -0.1 |
Hanil Vacuum 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 Hanil Vacuum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hanil Vacuum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hanil Vacuum generated a negative expected return over the last 90 days | |
| Hanil Vacuum has high historical volatility and very poor performance | |
| The company reported the revenue of 10.08 B. Net Loss for the year was (41.54 B) with loss before overhead, payroll, taxes, and interest of (956 M). | |
| Hanil Vacuum Co has accumulated about 15.14 B in cash with (6.24 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 690.27. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Hanil Vacuum 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 Hanil Stock often depends not only on the future outlook of the current and potential Hanil Vacuum'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. Hanil Vacuum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 78.1 M | |
| Cash And Short Term Investments | 19.2 B |
Hanil Vacuum Technical Analysis
Hanil Vacuum's future price can be derived by breaking down and analyzing its technical indicators over time. Hanil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hanil Vacuum Co. In general, you should focus on analyzing Hanil Stock price patterns and their correlations with different microeconomic environments and drivers.
Hanil Vacuum Predictive Forecast Models
Hanil Vacuum's time-series forecasting models is one of many Hanil Vacuum'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 Hanil Vacuum'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 Hanil Vacuum
Checking the ongoing alerts about Hanil Vacuum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hanil Vacuum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hanil Vacuum generated a negative expected return over the last 90 days | |
| Hanil Vacuum has high historical volatility and very poor performance | |
| The company reported the revenue of 10.08 B. Net Loss for the year was (41.54 B) with loss before overhead, payroll, taxes, and interest of (956 M). | |
| Hanil Vacuum Co has accumulated about 15.14 B in cash with (6.24 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 690.27. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Hanil Stock
Hanil Vacuum financial ratios help investors to determine whether Hanil 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 Hanil with respect to the benefits of owning Hanil Vacuum security.