Woori Financial (Korea) Probability of Future Stock Price Finishing Over 16968.88
| 316140 Stock | 15,440 130.00 0.85% |
Woori |
Woori Financial Target Price Odds to finish over 16968.88
The tendency of Woori 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 16,969 or more in 90 days |
| 15,440 | 90 days | 16,969 | nearly 4.44 |
Based on a normal probability distribution, the odds of Woori Financial to move over 16,969 or more in 90 days from now is nearly 4.44 (This Woori Financial Group probability density function shows the probability of Woori Stock to fall within a particular range of prices over 90 days) . Probability of Woori Financial Group price to stay between its current price of 15,440 and 16,969 at the end of the 90-day period is about 84.23 .
Assuming the 90 days trading horizon Woori Financial has a beta of 0.21. This suggests as returns on the market go up, Woori Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Woori Financial Group will be expected to be much smaller as well. Additionally Woori Financial Group 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. Woori Financial Price Density |
| Price |
Predictive Modules for Woori Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Woori Financial Group. 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.Woori Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woori Financial is not an exception. The market had few large corrections towards the Woori Financial'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 Woori Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woori Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 525.21 | |
Ir | Information ratio | -0.09 |
Woori Financial 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 Woori Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Woori Financial Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Woori Financial generates negative cash flow from operations | |
| About 19.0% of the company shares are owned by insiders or employees |
Woori Financial 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 Woori Stock often depends not only on the future outlook of the current and potential Woori Financial'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. Woori Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 727.7 M |
Woori Financial Technical Analysis
Woori Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Woori Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woori Financial Group. In general, you should focus on analyzing Woori Stock price patterns and their correlations with different microeconomic environments and drivers.
Woori Financial Predictive Forecast Models
Woori Financial's time-series forecasting models is one of many Woori Financial'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 Woori Financial'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 Woori Financial Group
Checking the ongoing alerts about Woori Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Woori Financial Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Woori Financial generates negative cash flow from operations | |
| About 19.0% of the company shares are owned by insiders or employees |
Additional Information and Resources on Investing in Woori Stock
When determining whether Woori Financial Group is a strong investment it is important to analyze Woori Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woori Financial's future performance. For an informed investment choice regarding Woori Stock, refer to the following important reports:Check out Woori Financial Backtesting, Woori Financial Valuation, Woori Financial Correlation, Woori Financial Hype Analysis, Woori Financial Volatility, Woori Financial History as well as Woori Financial Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.