SK Telecom Stock Forecast - Daily Balance Of Power
| SKM Stock | USD 21.66 0.03 0.14% |
SKM Stock Forecast is based on your current time horizon. Although SK Telecom's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of SK Telecom's systematic risk associated with finding meaningful patterns of SK Telecom fundamentals over time.
SKM |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.94) | 0.3333 |
| Check SK Telecom Volatility | Backtest SK Telecom | Trend Details |
SK Telecom Trading Date Momentum
| On October 07 2024 SK Telecom Co was traded for 23.16 at the closing time. Highest SK Telecom's price during the trading hours was 23.30 and the lowest price during the day was 23.14 . The net volume was 188.7 K. The overall trading history on the 7th of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.64% . The trading price change to current price is 3.17% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare SK Telecom to competition |
Other Forecasting Options for SK Telecom
For every potential investor in SKM, whether a beginner or expert, SK Telecom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SKM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SKM. Basic forecasting techniques help filter out the noise by identifying SK Telecom's price trends.SK Telecom Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SK Telecom stock to make a market-neutral strategy. Peer analysis of SK Telecom could also be used in its relative valuation, which is a method of valuing SK Telecom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SK Telecom Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of SK Telecom's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of SK Telecom's current price.| Cycle Indicators | ||
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| Volume Indicators |
SK Telecom Market Strength Events
Market strength indicators help investors to evaluate how SK Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SK Telecom shares will generate the highest return on investment. By undertsting and applying SK Telecom stock market strength indicators, traders can identify SK Telecom Co entry and exit signals to maximize returns.
SK Telecom Risk Indicators
The analysis of SK Telecom's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in SK Telecom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9471 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.64 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of SK Telecom to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SK Telecom. If investors know SKM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SK Telecom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Dividend Share 3.5 K | Earnings Share 1.99 | Revenue Per Share 46.3 K | Quarterly Revenue Growth 0.029 |
The market value of SK Telecom is measured differently than its book value, which is the value of SKM that is recorded on the company's balance sheet. Investors also form their own opinion of SK Telecom's value that differs from its market value or its book value, called intrinsic value, which is SK Telecom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SK Telecom's market value can be influenced by many factors that don't directly affect SK Telecom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SK Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if SK Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SK Telecom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.