Iljin Display (Korea) Probability of Future Stock Price Finishing Over 1297.00
| 020760 Stock | 1,297 41.00 3.06% |
Iljin |
Iljin Display Target Price Odds to finish over 1297.00
The tendency of Iljin 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 |
| 1,297 | 90 days | 1,297 | near 1 |
Based on a normal probability distribution, the odds of Iljin Display to move above the current price in 90 days from now is near 1 (This Iljin Display probability density function shows the probability of Iljin Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Iljin Display has a beta of -0.0583. This suggests as returns on the benchmark increase, returns on holding Iljin Display are expected to decrease at a much lower rate. During a bear market, however, Iljin Display is likely to outperform the market. Additionally Iljin Display has an alpha of 0.3935, implying that it can generate a 0.39 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Iljin Display Price Density |
| Price |
Predictive Modules for Iljin Display
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iljin Display. 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 Iljin Display'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.
Iljin Display Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iljin Display is not an exception. The market had few large corrections towards the Iljin Display'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 Iljin Display, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iljin Display within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.39 | |
β | Beta against NYSE Composite | -0.06 | |
σ | Overall volatility | 90.40 | |
Ir | Information ratio | 0.1 |
Iljin Display 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 Iljin Display for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iljin Display can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iljin Display appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 101.44 B. Net Loss for the year was (43.67 B) with loss before overhead, payroll, taxes, and interest of (24.27 B). | |
| Iljin Display generates negative cash flow from operations | |
| About 43.0% of the company shares are owned by insiders or employees |
Iljin Display 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 Iljin Stock often depends not only on the future outlook of the current and potential Iljin Display'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. Iljin Display's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.5 M |
Iljin Display Technical Analysis
Iljin Display's future price can be derived by breaking down and analyzing its technical indicators over time. Iljin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iljin Display. In general, you should focus on analyzing Iljin Stock price patterns and their correlations with different microeconomic environments and drivers.
Iljin Display Predictive Forecast Models
Iljin Display's time-series forecasting models is one of many Iljin Display'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 Iljin Display'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 Iljin Display
Checking the ongoing alerts about Iljin Display for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iljin Display help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iljin Display appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 101.44 B. Net Loss for the year was (43.67 B) with loss before overhead, payroll, taxes, and interest of (24.27 B). | |
| Iljin Display generates negative cash flow from operations | |
| About 43.0% of the company shares are owned by insiders or employees |
Check out Iljin Display Backtesting, Iljin Display Valuation, Iljin Display Correlation, Iljin Display Hype Analysis, Iljin Display Volatility, Iljin Display History as well as Iljin Display Performance. Note that the Iljin Display information on this page should be used as a complementary analysis to other Iljin Display'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Iljin Stock analysis
When running Iljin Display's price analysis, check to measure Iljin Display'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 Iljin Display is operating at the current time. Most of Iljin Display's value examination focuses on studying past and present price action to predict the probability of Iljin Display's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iljin Display's price. Additionally, you may evaluate how the addition of Iljin Display to your portfolios can decrease your overall portfolio volatility.
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