Cal Comp (Thailand) Odds of Future Stock Price Finishing Over 21.12
| CCET Stock | THB 9.55 0.15 1.60% |
Cal |
Cal Comp Target Price Odds to finish over 21.12
The tendency of Cal 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 21.12 or more in 90 days |
| 9.55 | 90 days | 21.12 | near 1 |
Based on a normal probability distribution, the odds of Cal Comp to move over 21.12 or more in 90 days from now is near 1 (This Cal Comp Electronics Public probability density function shows the probability of Cal Stock to fall within a particular range of prices over 90 days) . Probability of Cal Comp Electronics price to stay between its current price of 9.55 and 21.12 at the end of the 90-day period is nearly 4.34 .
Assuming the 90 days trading horizon Cal Comp Electronics Public has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding Cal Comp are expected to decrease at a much lower rate. During a bear market, however, Cal Comp Electronics Public is likely to outperform the market. Moreover Cal Comp Electronics Public has an alpha of 1.6002, implying that it can generate a 1.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cal Comp Price Density |
| Price |
Predictive Modules for Cal Comp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cal Comp 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.Cal Comp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cal Comp is not an exception. The market had few large corrections towards the Cal Comp'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 Cal Comp Electronics Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cal Comp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.60 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | 0.26 |
Cal Comp 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 Cal Comp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cal Comp 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.| Cal Comp Electronics is way too risky over 90 days horizon | |
| Cal Comp Electronics appears to be risky and price may revert if volatility continues | |
| Cal Comp Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Cal Comp Electronics Public has accumulated about 4.57 B in cash with (2.32 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Roughly 60.0% of the company shares are held by company insiders |
Cal Comp 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 Cal Stock often depends not only on the future outlook of the current and potential Cal Comp'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. Cal Comp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.4 B |
Cal Comp Technical Analysis
Cal Comp's future price can be derived by breaking down and analyzing its technical indicators over time. Cal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cal Comp Electronics Public. In general, you should focus on analyzing Cal Stock price patterns and their correlations with different microeconomic environments and drivers.
Cal Comp Predictive Forecast Models
Cal Comp's time-series forecasting models is one of many Cal Comp'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 Cal Comp'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 Cal Comp Electronics
Checking the ongoing alerts about Cal Comp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cal Comp Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cal Comp Electronics is way too risky over 90 days horizon | |
| Cal Comp Electronics appears to be risky and price may revert if volatility continues | |
| Cal Comp Electronics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Cal Comp Electronics Public has accumulated about 4.57 B in cash with (2.32 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Roughly 60.0% of the company shares are held by company insiders |
Other Information on Investing in Cal Stock
Cal Comp financial ratios help investors to determine whether Cal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cal with respect to the benefits of owning Cal Comp security.