Nuintek CoLtd (Korea) Probability of Future Stock Price Finishing Under 760.0
| 012340 Stock | KRW 786.00 1.00 0.13% |
Nuintek |
Nuintek CoLtd Target Price Odds to finish below 760.0
The tendency of Nuintek 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 drop to W 760.00 or more in 90 days |
| 786.00 | 90 days | 760.00 | about 7.94 |
Based on a normal probability distribution, the odds of Nuintek CoLtd to drop to W 760.00 or more in 90 days from now is about 7.94 (This Nuintek CoLtd probability density function shows the probability of Nuintek Stock to fall within a particular range of prices over 90 days) . Probability of Nuintek CoLtd price to stay between W 760.00 and its current price of W786.0 at the end of the 90-day period is nearly 4.98 .
Assuming the 90 days trading horizon Nuintek CoLtd has a beta of 0.56. This suggests as returns on the market go up, Nuintek CoLtd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuintek CoLtd will be expected to be much smaller as well. Additionally Nuintek CoLtd has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Nuintek CoLtd Price Density |
| Price |
Predictive Modules for Nuintek 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 Nuintek 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuintek CoLtd's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nuintek CoLtd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuintek CoLtd is not an exception. The market had few large corrections towards the Nuintek 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 Nuintek CoLtd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuintek CoLtd within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.46 | |
β | Beta against NYSE Composite | 0.56 | |
σ | Overall volatility | 93.64 | |
Ir | Information ratio | -0.25 |
Nuintek 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 Nuintek CoLtd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuintek 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.| Nuintek CoLtd generated a negative expected return over the last 90 days | |
| Nuintek CoLtd has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 3.67 B in total debt with debt to equity ratio (D/E) of 107.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nuintek CoLtd has a current ratio of 0.84, 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 Nuintek CoLtd until it has trouble settling it off, either with new capital or with free cash flow. So, Nuintek CoLtd'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 Nuintek CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuintek to invest in growth at high rates of return. When we think about Nuintek CoLtd's use of debt, we should always consider it together with cash and equity. | |
| Nuintek CoLtd has accumulated about 15.13 B in cash with (1.31 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.45. | |
| Roughly 21.0% of Nuintek CoLtd shares are owned by insiders or employees |
Nuintek 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 Nuintek Stock often depends not only on the future outlook of the current and potential Nuintek 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. Nuintek CoLtd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30 M | |
| Cash And Short Term Investments | 15.1 B |
Nuintek CoLtd Technical Analysis
Nuintek CoLtd's future price can be derived by breaking down and analyzing its technical indicators over time. Nuintek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuintek CoLtd. In general, you should focus on analyzing Nuintek Stock price patterns and their correlations with different microeconomic environments and drivers.
Nuintek CoLtd Predictive Forecast Models
Nuintek CoLtd's time-series forecasting models is one of many Nuintek 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 Nuintek 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 Nuintek CoLtd
Checking the ongoing alerts about Nuintek CoLtd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuintek CoLtd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nuintek CoLtd generated a negative expected return over the last 90 days | |
| Nuintek CoLtd has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 3.67 B in total debt with debt to equity ratio (D/E) of 107.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nuintek CoLtd has a current ratio of 0.84, 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 Nuintek CoLtd until it has trouble settling it off, either with new capital or with free cash flow. So, Nuintek CoLtd'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 Nuintek CoLtd sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuintek to invest in growth at high rates of return. When we think about Nuintek CoLtd's use of debt, we should always consider it together with cash and equity. | |
| Nuintek CoLtd has accumulated about 15.13 B in cash with (1.31 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.45. | |
| Roughly 21.0% of Nuintek CoLtd shares are owned by insiders or employees |
Check out Nuintek CoLtd Backtesting, Nuintek CoLtd Valuation, Nuintek CoLtd Correlation, Nuintek CoLtd Hype Analysis, Nuintek CoLtd Volatility, Nuintek CoLtd History as well as Nuintek CoLtd Performance. Note that the Nuintek CoLtd information on this page should be used as a complementary analysis to other Nuintek CoLtd's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Nuintek Stock analysis
When running Nuintek CoLtd's price analysis, check to measure Nuintek CoLtd's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuintek CoLtd is operating at the current time. Most of Nuintek CoLtd's value examination focuses on studying past and present price action to predict the probability of Nuintek CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuintek CoLtd's price. Additionally, you may evaluate how the addition of Nuintek CoLtd to your portfolios can decrease your overall portfolio volatility.
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