Wemade CoLtd (Korea) Probability of Future Stock Price Finishing Over 38,584
| 112040 Stock | KRW 40,900 700.00 1.68% |
Wemade |
Wemade CoLtd Target Price Odds to finish over 38,584
The tendency of Wemade 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 above the current price in 90 days |
| 40,900 | 90 days | 40,900 | about 24.88 |
Based on a normal probability distribution, the odds of Wemade CoLtd to move above the current price in 90 days from now is about 24.88 (This Wemade CoLtd probability density function shows the probability of Wemade Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.11 . This suggests Wemade CoLtd market returns are sensitive to returns on the market. As the market goes up or down, Wemade CoLtd is expected to follow. Additionally Wemade CoLtd has an alpha of 0.2217, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wemade CoLtd Price Density |
| Price |
Predictive Modules for Wemade CoLtd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wemade 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.Wemade CoLtd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wemade CoLtd is not an exception. The market had few large corrections towards the Wemade CoLtd'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 Wemade CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wemade CoLtd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 4,143 | |
Ir | Information ratio | 0.06 |
Wemade CoLtd 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 Wemade CoLtd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wemade 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.| Wemade CoLtd had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
Wemade CoLtd 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 Wemade Stock often depends not only on the future outlook of the current and potential Wemade CoLtd'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. Wemade CoLtd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33 M | |
| Dividends Paid | 9.8 B | |
| Cash And Short Term Investments | 292.5 B |
Wemade CoLtd Technical Analysis
Wemade CoLtd's future price can be derived by breaking down and analyzing its technical indicators over time. Wemade Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wemade CoLtd. In general, you should focus on analyzing Wemade Stock price patterns and their correlations with different microeconomic environments and drivers.
Wemade CoLtd Predictive Forecast Models
Wemade CoLtd's time-series forecasting models is one of many Wemade CoLtd'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 Wemade CoLtd'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 Wemade CoLtd
Checking the ongoing alerts about Wemade CoLtd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wemade CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wemade CoLtd had very high historical volatility over the last 90 days | |
| About 45.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Wemade Stock
Wemade CoLtd financial ratios help investors to determine whether Wemade 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 Wemade with respect to the benefits of owning Wemade CoLtd security.