SEOJEON ELECTRIC (Korea) Probability of Future Stock Price Finishing Under 3855.6
| 189860 Stock | KRW 4,470 100.00 2.19% |
SEOJEON |
SEOJEON ELECTRIC Target Price Odds to finish below 3855.6
The tendency of SEOJEON 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 3,856 or more in 90 days |
| 4,470 | 90 days | 3,856 | near 1 |
Based on a normal probability distribution, the odds of SEOJEON ELECTRIC to drop to W 3,856 or more in 90 days from now is near 1 (This SEOJEON ELECTRIC MACHINERY probability density function shows the probability of SEOJEON Stock to fall within a particular range of prices over 90 days) . Probability of SEOJEON ELECTRIC MAC price to stay between W 3,856 and its current price of W4470.0 at the end of the 90-day period is about 28.08 .
Assuming the 90 days trading horizon SEOJEON ELECTRIC has a beta of 0.24. This suggests as returns on the market go up, SEOJEON ELECTRIC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SEOJEON ELECTRIC MACHINERY will be expected to be much smaller as well. Additionally SEOJEON ELECTRIC MACHINERY 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. SEOJEON ELECTRIC Price Density |
| Price |
Predictive Modules for SEOJEON ELECTRIC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SEOJEON ELECTRIC MAC. 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.SEOJEON ELECTRIC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SEOJEON ELECTRIC is not an exception. The market had few large corrections towards the SEOJEON ELECTRIC'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 SEOJEON ELECTRIC MACHINERY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SEOJEON ELECTRIC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 318.23 | |
Ir | Information ratio | -0.06 |
SEOJEON ELECTRIC 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 SEOJEON ELECTRIC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SEOJEON ELECTRIC MAC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SEOJEON ELECTRIC MAC generated a negative expected return over the last 90 days | |
| SEOJEON ELECTRIC MAC has high historical volatility and very poor performance | |
| The company reported the revenue of 52.45 B. Net Loss for the year was (2.43 B) with profit before overhead, payroll, taxes, and interest of 13.41 B. | |
| SEOJEON ELECTRIC generates negative cash flow from operations | |
| About 45.0% of the company shares are owned by insiders or employees |
SEOJEON ELECTRIC 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 SEOJEON Stock often depends not only on the future outlook of the current and potential SEOJEON ELECTRIC'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. SEOJEON ELECTRIC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.7 M | |
| Dividends Paid | 291 M | |
| Cash And Short Term Investments | 179.2 M | |
| Shares Float | 5.3 M |
SEOJEON ELECTRIC Technical Analysis
SEOJEON ELECTRIC's future price can be derived by breaking down and analyzing its technical indicators over time. SEOJEON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SEOJEON ELECTRIC MACHINERY. In general, you should focus on analyzing SEOJEON Stock price patterns and their correlations with different microeconomic environments and drivers.
SEOJEON ELECTRIC Predictive Forecast Models
SEOJEON ELECTRIC's time-series forecasting models is one of many SEOJEON ELECTRIC'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 SEOJEON ELECTRIC'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 SEOJEON ELECTRIC MAC
Checking the ongoing alerts about SEOJEON ELECTRIC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SEOJEON ELECTRIC MAC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SEOJEON ELECTRIC MAC generated a negative expected return over the last 90 days | |
| SEOJEON ELECTRIC MAC has high historical volatility and very poor performance | |
| The company reported the revenue of 52.45 B. Net Loss for the year was (2.43 B) with profit before overhead, payroll, taxes, and interest of 13.41 B. | |
| SEOJEON ELECTRIC generates negative cash flow from operations | |
| About 45.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SEOJEON Stock
SEOJEON ELECTRIC financial ratios help investors to determine whether SEOJEON 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 SEOJEON with respect to the benefits of owning SEOJEON ELECTRIC security.