Sk Telecom Co Stock Probability of Future Stock Price Finishing Over 21.33
| SKM Stock | USD 21.34 0.04 0.19% |
Closest to current price SKM long CALL Option Payoff at Expiration
SKM |
SK Telecom Target Price Odds to finish over 21.33
The tendency of SKM 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 stay above $ 21.33 in 90 days |
| 21.34 | 90 days | 21.33 | about 41.94 |
Based on a normal probability distribution, the odds of SK Telecom to stay above $ 21.33 in 90 days from now is about 41.94 (This SK Telecom Co probability density function shows the probability of SKM Stock to fall within a particular range of prices over 90 days) . Probability of SK Telecom price to stay between $ 21.33 and its current price of $21.34 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon SK Telecom has a beta of 0.8. This usually implies as returns on the market go up, SK Telecom average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SK Telecom Co will be expected to be much smaller as well. Additionally SK Telecom 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. SK Telecom Price Density |
| Price |
Predictive Modules for SK Telecom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SK Telecom. 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 SK Telecom'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.
SK Telecom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SK Telecom is not an exception. The market had few large corrections towards the SK Telecom'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 SK Telecom Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SK Telecom within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 0.80 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.12 |
SK Telecom 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 SK Telecom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SK Telecom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SK Telecom generated a negative expected return over the last 90 days | |
| The company has 11.05 T in debt with debt to equity (D/E) ratio of 0.92, which is OK given its current industry classification. SK Telecom has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist SK Telecom until it has trouble settling it off, either with new capital or with free cash flow. So, SK Telecom'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 SK Telecom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SKM to invest in growth at high rates of return. When we think about SK Telecom's use of debt, we should always consider it together with cash and equity. | |
| On 21st of May 2024 SK Telecom paid $ 0.3363 per share dividend to its current shareholders | |
| Latest headline from koreatimes.co.kr: Global tech giants call for responsible AI development at Seoul forum |
SK Telecom 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 SKM Stock often depends not only on the future outlook of the current and potential SK Telecom'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. SK Telecom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 217.5 M | |
| Cash And Short Term Investments | 1.7 T |
SK Telecom Technical Analysis
SK Telecom's future price can be derived by breaking down and analyzing its technical indicators over time. SKM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SK Telecom Co. In general, you should focus on analyzing SKM Stock price patterns and their correlations with different microeconomic environments and drivers.
SK Telecom Predictive Forecast Models
SK Telecom's time-series forecasting models is one of many SK Telecom'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 SK Telecom'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 SK Telecom
Checking the ongoing alerts about SK Telecom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SK Telecom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SK Telecom generated a negative expected return over the last 90 days | |
| The company has 11.05 T in debt with debt to equity (D/E) ratio of 0.92, which is OK given its current industry classification. SK Telecom has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist SK Telecom until it has trouble settling it off, either with new capital or with free cash flow. So, SK Telecom'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 SK Telecom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SKM to invest in growth at high rates of return. When we think about SK Telecom's use of debt, we should always consider it together with cash and equity. | |
| On 21st of May 2024 SK Telecom paid $ 0.3363 per share dividend to its current shareholders | |
| Latest headline from koreatimes.co.kr: Global tech giants call for responsible AI development at Seoul forum |
Check out SK Telecom Backtesting, SK Telecom Valuation, SK Telecom Correlation, SK Telecom Hype Analysis, SK Telecom Volatility, SK Telecom History as well as SK Telecom Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running SK Telecom's price analysis, check to measure SK Telecom'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 SK Telecom is operating at the current time. Most of SK Telecom's value examination focuses on studying past and present price action to predict the probability of SK Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Telecom's price. Additionally, you may evaluate how the addition of SK Telecom to your portfolios can decrease your overall portfolio volatility.
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Is SK Telecom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SK Telecom. If investors know SKM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SK Telecom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.245 | Dividend Share 3.5 K | Earnings Share 2.03 | Revenue Per Share 45.6 K | Quarterly Revenue Growth 0.023 |
The market value of SK Telecom is measured differently than its book value, which is the value of SKM that is recorded on the company's balance sheet. Investors also form their own opinion of SK Telecom's value that differs from its market value or its book value, called intrinsic value, which is SK Telecom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SK Telecom's market value can be influenced by many factors that don't directly affect SK Telecom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SK Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if SK Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SK Telecom'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.