Victek (Korea) Chance of Future Stock Price Finishing Over 5197.5
| 065450 Stock | 4,750 40.00 0.85% |
Victek |
Victek Target Price Odds to finish over 5197.5
The tendency of Victek 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 5,198 or more in 90 days |
| 4,750 | 90 days | 5,198 | about 24.76 |
Based on a normal probability distribution, the odds of Victek to move over 5,198 or more in 90 days from now is about 24.76 (This Victek Co probability density function shows the probability of Victek Stock to fall within a particular range of prices over 90 days) . Probability of Victek price to stay between its current price of 4,750 and 5,198 at the end of the 90-day period is about 67.71 .
Assuming the 90 days trading horizon Victek Co has a beta of -0.0962. This suggests as returns on the benchmark increase, returns on holding Victek are expected to decrease at a much lower rate. During a bear market, however, Victek Co is likely to outperform the market. Additionally Victek Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Victek Price Density |
| Price |
Predictive Modules for Victek
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Victek. 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 Victek'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.
Victek Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Victek is not an exception. The market had few large corrections towards the Victek'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 Victek Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Victek within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | -0.1 | |
σ | Overall volatility | 211.07 | |
Ir | Information ratio | -0.06 |
Victek 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 Victek for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Victek can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Victek generated a negative expected return over the last 90 days | |
| Victek Co has accumulated about 3.19 B in cash with (3.02 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 155.5. | |
| Roughly 26.0% of the company shares are owned by insiders or employees |
Victek 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 Victek Stock often depends not only on the future outlook of the current and potential Victek'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. Victek's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.7 M | |
| Cash And Short Term Investments | 8 B |
Victek Technical Analysis
Victek's future price can be derived by breaking down and analyzing its technical indicators over time. Victek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Victek Co. In general, you should focus on analyzing Victek Stock price patterns and their correlations with different microeconomic environments and drivers.
Victek Predictive Forecast Models
Victek's time-series forecasting models is one of many Victek'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 Victek'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 Victek
Checking the ongoing alerts about Victek for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Victek help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Victek generated a negative expected return over the last 90 days | |
| Victek Co has accumulated about 3.19 B in cash with (3.02 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 155.5. | |
| Roughly 26.0% of the company shares are owned by insiders or employees |
Check out Victek Backtesting, Victek Valuation, Victek Correlation, Victek Hype Analysis, Victek Volatility, Victek History as well as Victek Performance. Note that the Victek information on this page should be used as a complementary analysis to other Victek'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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Victek Stock analysis
When running Victek's price analysis, check to measure Victek'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 Victek is operating at the current time. Most of Victek's value examination focuses on studying past and present price action to predict the probability of Victek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victek's price. Additionally, you may evaluate how the addition of Victek to your portfolios can decrease your overall portfolio volatility.
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