Wave Electronics (Korea) Probability of Future Stock Price Finishing Under 5130.0
| 095270 Stock | KRW 5,400 60.00 1.12% |
Wave |
Wave Electronics Target Price Odds to finish below 5130.0
The tendency of Wave 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 5,130 or more in 90 days |
| 5,400 | 90 days | 5,130 | about 85.69 |
Based on a normal probability distribution, the odds of Wave Electronics to drop to W 5,130 or more in 90 days from now is about 85.69 (This Wave Electronics Co probability density function shows the probability of Wave Stock to fall within a particular range of prices over 90 days) . Probability of Wave Electronics price to stay between W 5,130 and its current price of W5400.0 at the end of the 90-day period is about 13.74 .
Assuming the 90 days trading horizon Wave Electronics has a beta of 0.19. This suggests as returns on the market go up, Wave Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wave Electronics Co will be expected to be much smaller as well. Additionally Wave Electronics Co has an alpha of 0.133, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Wave Electronics Price Density |
| Price |
Predictive Modules for Wave Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wave Electronics. 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 Wave Electronics' 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.
Wave Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wave Electronics is not an exception. The market had few large corrections towards the Wave Electronics' 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 Wave Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wave Electronics within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.13 | |
β | Beta against NYSE Composite | 0.19 | |
σ | Overall volatility | 169.36 | |
Ir | Information ratio | 0.06 |
Wave Electronics 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 Wave Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wave Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 465.35 M in total debt with debt to equity ratio (D/E) of 3.65, implying the company greatly relies on financing operations through barrowing. Wave Electronics has a current ratio of 0.75, 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 Wave Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Electronics' 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 Wave Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Electronics' use of debt, we should always consider it together with cash and equity. | |
| Wave Electronics Co has accumulated about 51.85 B in cash with (15.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 817.91. | |
| Roughly 20.0% of Wave Electronics shares are owned by insiders or employees |
Wave Electronics 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 Wave Stock often depends not only on the future outlook of the current and potential Wave Electronics' 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. Wave Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.8 M | |
| Cash And Short Term Investments | 52.5 B |
Wave Electronics Technical Analysis
Wave Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Wave Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wave Electronics Co. In general, you should focus on analyzing Wave Stock price patterns and their correlations with different microeconomic environments and drivers.
Wave Electronics Predictive Forecast Models
Wave Electronics' time-series forecasting models is one of many Wave Electronics' 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 Wave Electronics' 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 Wave Electronics
Checking the ongoing alerts about Wave Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wave Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 465.35 M in total debt with debt to equity ratio (D/E) of 3.65, implying the company greatly relies on financing operations through barrowing. Wave Electronics has a current ratio of 0.75, 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 Wave Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Electronics' 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 Wave Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Electronics' use of debt, we should always consider it together with cash and equity. | |
| Wave Electronics Co has accumulated about 51.85 B in cash with (15.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 817.91. | |
| Roughly 20.0% of Wave Electronics shares are owned by insiders or employees |
Check out Wave Electronics Backtesting, Wave Electronics Valuation, Wave Electronics Correlation, Wave Electronics Hype Analysis, Wave Electronics Volatility, Wave Electronics History as well as Wave Electronics Performance. Note that the Wave Electronics information on this page should be used as a complementary analysis to other Wave Electronics' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Wave Stock analysis
When running Wave Electronics' price analysis, check to measure Wave Electronics' 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 Wave Electronics is operating at the current time. Most of Wave Electronics' value examination focuses on studying past and present price action to predict the probability of Wave Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Electronics' price. Additionally, you may evaluate how the addition of Wave Electronics to your portfolios can decrease your overall portfolio volatility.
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