SKONEC Entertainment (Korea) Price Prediction

276040 Stock   3,065  90.00  2.85%   
The value of RSI of SKONEC Entertainment's share price is below 30 as of today. This suggests that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling SKONEC Entertainment Co, making its price go up or down.

Oversold Vs Overbought

27

 
Oversold
 
Overbought
The successful prediction of SKONEC Entertainment's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with SKONEC Entertainment Co, which may create opportunities for some arbitrage if properly timed.
Using SKONEC Entertainment hype-based prediction, you can estimate the value of SKONEC Entertainment Co from the perspective of SKONEC Entertainment response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in SKONEC Entertainment to buy its stock at a price that has no basis in reality. In that case, they are not buying SKONEC because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

SKONEC Entertainment after-hype prediction price

    
  KRW 3155.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out SKONEC Entertainment Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
2,7262,7303,470
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SKONEC Entertainment. Your research has to be compared to or analyzed against SKONEC Entertainment's peers to derive any actionable benefits. When done correctly, SKONEC Entertainment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SKONEC Entertainment.

SKONEC Entertainment After-Hype Price Prediction Density Analysis

As far as predicting the price of SKONEC Entertainment at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in SKONEC Entertainment or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of SKONEC Entertainment, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

SKONEC Entertainment Estimiated After-Hype Price Volatility

In the context of predicting SKONEC Entertainment's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on SKONEC Entertainment's historical news coverage. SKONEC Entertainment's after-hype downside and upside margins for the prediction period are 3,151 and 3,159, respectively. We have considered SKONEC Entertainment's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3,065
3,155
After-hype Price
3,159
Upside
SKONEC Entertainment is very steady at this time. Analysis and calculation of next after-hype price of SKONEC Entertainment is based on 3 months time horizon.

SKONEC Entertainment Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as SKONEC Entertainment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SKONEC Entertainment backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with SKONEC Entertainment, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.22 
3.59
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3,065
3,155
0.00 
0.00  
Notes

SKONEC Entertainment Hype Timeline

SKONEC Entertainment is presently traded for 3,065on KOSDAQ of Korea. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. SKONEC is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.22%. %. The volatility of related hype on SKONEC Entertainment is about 0.0%, with the expected price after the next announcement by competition of 3,065. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out SKONEC Entertainment Basic Forecasting Models to cross-verify your projections.

SKONEC Entertainment Related Hype Analysis

Having access to credible news sources related to SKONEC Entertainment's direct competition is more important than ever and may enhance your ability to predict SKONEC Entertainment's future price movements. Getting to know how SKONEC Entertainment's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how SKONEC Entertainment may potentially react to the hype associated with one of its peers.

SKONEC Entertainment Additional Predictive Modules

Most predictive techniques to examine SKONEC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SKONEC using various technical indicators. When you analyze SKONEC charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About SKONEC Entertainment Predictive Indicators

The successful prediction of SKONEC Entertainment stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as SKONEC Entertainment Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of SKONEC Entertainment based on analysis of SKONEC Entertainment hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to SKONEC Entertainment's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to SKONEC Entertainment's related companies.

Story Coverage note for SKONEC Entertainment

The number of cover stories for SKONEC Entertainment depends on current market conditions and SKONEC Entertainment's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that SKONEC Entertainment is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about SKONEC Entertainment's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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SKONEC Entertainment Short Properties

SKONEC Entertainment's future price predictability will typically decrease when SKONEC Entertainment's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of SKONEC Entertainment Co often depends not only on the future outlook of the potential SKONEC Entertainment'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. SKONEC Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding12.1 M
Cash And Short Term Investments1.8 B

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When running SKONEC Entertainment's price analysis, check to measure SKONEC Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SKONEC Entertainment is operating at the current time. Most of SKONEC Entertainment's value examination focuses on studying past and present price action to predict the probability of SKONEC Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKONEC Entertainment's price. Additionally, you may evaluate how the addition of SKONEC Entertainment to your portfolios can decrease your overall portfolio volatility.
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