Hanil Chemical (Korea) Probability of Future Stock Price Finishing Under 11,668
| 007770 Stock | KRW 11,320 20.00 0.18% |
Hanil |
Hanil Chemical Target Price Odds to finish below 11,668
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 |
| 11,320 | 90 days | 11,320 | about 51.4 |
Based on a normal probability distribution, the odds of Hanil Chemical to move below current price in 90 days from now is about 51.4 (This Hanil Chemical Ind 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 Chemical Ind has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding Hanil Chemical are expected to decrease at a much lower rate. During a bear market, however, Hanil Chemical Ind is likely to outperform the market. Additionally Hanil Chemical Ind 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 Chemical Price Density |
| Price |
Predictive Modules for Hanil Chemical
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 Chemical Ind. 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 Chemical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanil Chemical is not an exception. The market had few large corrections towards the Hanil Chemical'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 Chemical Ind, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanil Chemical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 867.10 | |
Ir | Information ratio | -0.06 |
Hanil Chemical 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 Chemical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hanil Chemical Ind 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 Chemical Ind generated a negative expected return over the last 90 days | |
| Hanil Chemical Ind has accumulated about 23.06 B in cash with (7.14 B) of positive cash flow from operations. | |
| Roughly 66.0% of the company shares are owned by insiders or employees |
Hanil Chemical 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 Chemical'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 Chemical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 M | |
| Cash And Short Term Investments | 23.9 B |
Hanil Chemical Technical Analysis
Hanil Chemical'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 Chemical Ind. In general, you should focus on analyzing Hanil Stock price patterns and their correlations with different microeconomic environments and drivers.
Hanil Chemical Predictive Forecast Models
Hanil Chemical's time-series forecasting models is one of many Hanil Chemical'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 Chemical'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 Chemical Ind
Checking the ongoing alerts about Hanil Chemical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hanil Chemical Ind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hanil Chemical Ind generated a negative expected return over the last 90 days | |
| Hanil Chemical Ind has accumulated about 23.06 B in cash with (7.14 B) of positive cash flow from operations. | |
| Roughly 66.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Hanil Stock
Hanil Chemical 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 Chemical security.