Woori Financial (Korea) Probability of Future Stock Price Finishing Over 17020.99

316140 Stock   15,630  190.00  1.23%   
Woori Financial's future price is the expected price of Woori Financial instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Woori Financial Group performance during a given time horizon utilizing its historical volatility. 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.
  
Please specify Woori Financial's target price for which you would like Woori Financial odds to be computed.

Woori Financial Target Price Odds to finish over 17020.99

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 PriceHorizonTarget PriceOdds to move over  17,021  or more in 90 days
 15,630 90 days 17,021 
under 4
Based on a normal probability distribution, the odds of Woori Financial to move over  17,021  or more in 90 days from now is under 4 (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  15,630  and  17,021  at the end of the 90-day period is about 76.57 .
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.
Hype
Prediction
LowEstimatedHigh
15,43815,44015,442
Details
Intrinsic
Valuation
LowRealHigh
14,60714,60916,984
Details
Naive
Forecast
LowNextHigh
14,37214,37414,376
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15,01616,09517,175
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Woori Financial. Your research has to be compared to or analyzed against Woori Financial's peers to derive any actionable benefits. When done correctly, Woori Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Woori Financial Group.

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 Jones0.21
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 Outstanding727.7 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between Woori Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woori Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woori Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.