Webtoon Entertainment Common Stock Probability of Future Stock Price Finishing Over 20.2
| WBTN Stock | 11.80 0.40 3.28% |
WEBTOON |
WEBTOON Entertainment Target Price Odds to finish over 20.2
The tendency of WEBTOON 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 20.20 or more in 90 days |
| 11.80 | 90 days | 20.20 | about 18.39 |
Based on a normal probability distribution, the odds of WEBTOON Entertainment to move over 20.20 or more in 90 days from now is about 18.39 (This WEBTOON Entertainment Common probability density function shows the probability of WEBTOON Stock to fall within a particular range of prices over 90 days) . Probability of WEBTOON Entertainment price to stay between its current price of 11.80 and 20.20 at the end of the 90-day period is about 64.7 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.82 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, WEBTOON Entertainment will likely underperform. Additionally WEBTOON Entertainment Common has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. WEBTOON Entertainment Price Density |
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Predictive Modules for WEBTOON Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WEBTOON Entertainment. 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 WEBTOON Entertainment'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.
WEBTOON Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WEBTOON Entertainment is not an exception. The market had few large corrections towards the WEBTOON Entertainment'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 WEBTOON Entertainment Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WEBTOON Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.97 | |
β | Beta against Dow Jones | 1.82 | |
σ | Overall volatility | 4.52 | |
Ir | Information ratio | -0.13 |
WEBTOON Entertainment 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 WEBTOON Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WEBTOON Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WEBTOON Entertainment generated a negative expected return over the last 90 days | |
| WEBTOON Entertainment has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 1.28 B. Net Loss for the year was (116.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 88.0% of the company outstanding shares are owned by insiders | |
| Latest headline from accesswire.com: WEBTOON Entertainment Inc. Sued for Securities Law Violations Investors Should Contact Levi Korsinsky Before November 4, 2024 to Discuss Your Rights - WBTN |
WEBTOON Entertainment 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 WEBTOON Stock often depends not only on the future outlook of the current and potential WEBTOON Entertainment'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. WEBTOON Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.1 M | |
| Cash And Short Term Investments | 251.6 M |
WEBTOON Entertainment Technical Analysis
WEBTOON Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. WEBTOON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WEBTOON Entertainment Common. In general, you should focus on analyzing WEBTOON Stock price patterns and their correlations with different microeconomic environments and drivers.
WEBTOON Entertainment Predictive Forecast Models
WEBTOON Entertainment's time-series forecasting models is one of many WEBTOON Entertainment'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 WEBTOON Entertainment'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 WEBTOON Entertainment
Checking the ongoing alerts about WEBTOON Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WEBTOON Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WEBTOON Entertainment generated a negative expected return over the last 90 days | |
| WEBTOON Entertainment has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 1.28 B. Net Loss for the year was (116.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 88.0% of the company outstanding shares are owned by insiders | |
| Latest headline from accesswire.com: WEBTOON Entertainment Inc. Sued for Securities Law Violations Investors Should Contact Levi Korsinsky Before November 4, 2024 to Discuss Your Rights - WBTN |
Additional Information and Resources on Investing in WEBTOON Stock
When determining whether WEBTOON Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEBTOON Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Webtoon Entertainment Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Webtoon Entertainment Common Stock:Check out WEBTOON Entertainment Backtesting, WEBTOON Entertainment Valuation, WEBTOON Entertainment Correlation, WEBTOON Entertainment Hype Analysis, WEBTOON Entertainment Volatility, WEBTOON Entertainment History as well as WEBTOON Entertainment Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Printing and Publishing space 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 WEBTOON Entertainment. If investors know WEBTOON 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 WEBTOON Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.18) | Revenue Per Share 11.851 | Quarterly Revenue Growth 0.001 |
The market value of WEBTOON Entertainment is measured differently than its book value, which is the value of WEBTOON that is recorded on the company's balance sheet. Investors also form their own opinion of WEBTOON Entertainment's value that differs from its market value or its book value, called intrinsic value, which is WEBTOON Entertainment'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 WEBTOON Entertainment's market value can be influenced by many factors that don't directly affect WEBTOON Entertainment'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 WEBTOON Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEBTOON Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEBTOON Entertainment'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.