Daesung Eltec (Korea) Probability of Future Stock Price Finishing Under 854.0
| 025440 Stock | KRW 813.00 22.00 2.63% |
Daesung |
Daesung Eltec Target Price Odds to finish below 854.0
The tendency of Daesung 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 stay under W 854.00 after 90 days |
| 813.00 | 90 days | 854.00 | about 10.62 |
Based on a normal probability distribution, the odds of Daesung Eltec to stay under W 854.00 after 90 days from now is about 10.62 (This Daesung Eltec Co probability density function shows the probability of Daesung Stock to fall within a particular range of prices over 90 days) . Probability of Daesung Eltec price to stay between its current price of W 813.00 and W 854.00 at the end of the 90-day period is nearly 4.18 .
Assuming the 90 days trading horizon Daesung Eltec has a beta of 0.21. This suggests as returns on the market go up, Daesung Eltec average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Daesung Eltec Co will be expected to be much smaller as well. Additionally Daesung Eltec 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. Daesung Eltec Price Density |
| Price |
Predictive Modules for Daesung Eltec
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daesung Eltec. 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.Daesung Eltec Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daesung Eltec is not an exception. The market had few large corrections towards the Daesung Eltec'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 Daesung Eltec Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daesung Eltec within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 151.76 | |
Ir | Information ratio | -0.18 |
Daesung Eltec 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 Daesung Eltec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Daesung Eltec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Daesung Eltec generated a negative expected return over the last 90 days | |
| Daesung Eltec has high historical volatility and very poor performance | |
| The company reported the revenue of 333.1 B. Net Loss for the year was (10.7 B) with profit before overhead, payroll, taxes, and interest of 13.78 B. | |
| Daesung Eltec Co has accumulated about 5.24 B in cash with (5.47 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 54.48. |
Daesung Eltec 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 Daesung Stock often depends not only on the future outlook of the current and potential Daesung Eltec'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. Daesung Eltec's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101 M | |
| Cash And Short Term Investments | 5.2 B |
Daesung Eltec Technical Analysis
Daesung Eltec's future price can be derived by breaking down and analyzing its technical indicators over time. Daesung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daesung Eltec Co. In general, you should focus on analyzing Daesung Stock price patterns and their correlations with different microeconomic environments and drivers.
Daesung Eltec Predictive Forecast Models
Daesung Eltec's time-series forecasting models is one of many Daesung Eltec'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 Daesung Eltec'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 Daesung Eltec
Checking the ongoing alerts about Daesung Eltec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Daesung Eltec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Daesung Eltec generated a negative expected return over the last 90 days | |
| Daesung Eltec has high historical volatility and very poor performance | |
| The company reported the revenue of 333.1 B. Net Loss for the year was (10.7 B) with profit before overhead, payroll, taxes, and interest of 13.78 B. | |
| Daesung Eltec Co has accumulated about 5.24 B in cash with (5.47 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 54.48. |
Other Information on Investing in Daesung Stock
Daesung Eltec financial ratios help investors to determine whether Daesung 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 Daesung with respect to the benefits of owning Daesung Eltec security.