Sungwoo Techron (Korea) Probability of Future Stock Price Finishing Over 3558.82
| 045300 Stock | KRW 2,475 29.90 1.19% |
Sungwoo |
Sungwoo Techron Target Price Odds to finish over 3558.82
The tendency of Sungwoo 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 over W 3,559 or more in 90 days |
| 2,475 | 90 days | 3,559 | near 1 |
Based on a normal probability distribution, the odds of Sungwoo Techron to move over W 3,559 or more in 90 days from now is near 1 (This Sungwoo Techron CoLtd probability density function shows the probability of Sungwoo Stock to fall within a particular range of prices over 90 days) . Probability of Sungwoo Techron CoLtd price to stay between its current price of W 2,475 and W 3,559 at the end of the 90-day period is about 76.94 .
Assuming the 90 days trading horizon Sungwoo Techron has a beta of 0.0709. This suggests as returns on the market go up, Sungwoo Techron average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sungwoo Techron CoLtd will be expected to be much smaller as well. Additionally Sungwoo Techron CoLtd 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. Sungwoo Techron Price Density |
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Predictive Modules for Sungwoo Techron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sungwoo Techron CoLtd. 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.Sungwoo Techron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sungwoo Techron is not an exception. The market had few large corrections towards the Sungwoo Techron'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 Sungwoo Techron CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sungwoo Techron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 138.53 | |
Ir | Information ratio | -0.07 |
Sungwoo Techron 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 Sungwoo Techron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sungwoo Techron CoLtd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sungwoo Techron generated a negative expected return over the last 90 days | |
| Sungwoo Techron CoLtd has accumulated 11.72 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. Sungwoo Techron CoLtd has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sungwoo Techron until it has trouble settling it off, either with new capital or with free cash flow. So, Sungwoo Techron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sungwoo Techron CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sungwoo to invest in growth at high rates of return. When we think about Sungwoo Techron's use of debt, we should always consider it together with cash and equity. | |
| About 43.0% of Sungwoo Techron shares are owned by insiders or employees |
Sungwoo Techron 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 Sungwoo Stock often depends not only on the future outlook of the current and potential Sungwoo Techron'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. Sungwoo Techron's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.4 M | |
| Cash And Short Term Investments | 35.3 B |
Sungwoo Techron Technical Analysis
Sungwoo Techron's future price can be derived by breaking down and analyzing its technical indicators over time. Sungwoo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sungwoo Techron CoLtd. In general, you should focus on analyzing Sungwoo Stock price patterns and their correlations with different microeconomic environments and drivers.
Sungwoo Techron Predictive Forecast Models
Sungwoo Techron's time-series forecasting models is one of many Sungwoo Techron'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 Sungwoo Techron'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 Sungwoo Techron CoLtd
Checking the ongoing alerts about Sungwoo Techron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sungwoo Techron CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sungwoo Techron generated a negative expected return over the last 90 days | |
| Sungwoo Techron CoLtd has accumulated 11.72 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. Sungwoo Techron CoLtd has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sungwoo Techron until it has trouble settling it off, either with new capital or with free cash flow. So, Sungwoo Techron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sungwoo Techron CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sungwoo to invest in growth at high rates of return. When we think about Sungwoo Techron's use of debt, we should always consider it together with cash and equity. | |
| About 43.0% of Sungwoo Techron shares are owned by insiders or employees |
Other Information on Investing in Sungwoo Stock
Sungwoo Techron financial ratios help investors to determine whether Sungwoo 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 Sungwoo with respect to the benefits of owning Sungwoo Techron security.