CIMB Thai (Thailand) Probability of Future Stock Price Finishing Over 0.45
| CIMBT Stock | THB 0.48 0.01 2.13% |
CIMB |
CIMB Thai Target Price Odds to finish over 0.45
The tendency of CIMB 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 0.45 in 90 days |
| 0.48 | 90 days | 0.45 | close to 99 |
Based on a normal probability distribution, the odds of CIMB Thai to stay above 0.45 in 90 days from now is close to 99 (This CIMB Thai Bank probability density function shows the probability of CIMB Stock to fall within a particular range of prices over 90 days) . Probability of CIMB Thai Bank price to stay between 0.45 and its current price of 0.48 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon CIMB Thai has a beta of 0.3 suggesting as returns on the market go up, CIMB Thai average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CIMB Thai Bank will be expected to be much smaller as well. Additionally CIMB Thai Bank 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. CIMB Thai Price Density |
| Price |
Predictive Modules for CIMB Thai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CIMB Thai Bank. 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 CIMB Thai'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.
CIMB Thai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CIMB Thai is not an exception. The market had few large corrections towards the CIMB Thai'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 CIMB Thai Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CIMB Thai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.13 |
CIMB Thai 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 CIMB Thai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CIMB Thai Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CIMB Thai Bank generated a negative expected return over the last 90 days | |
| CIMB Thai Bank has some characteristics of a very speculative penny stock | |
| About 95.0% of the company shares are held by company insiders |
CIMB Thai 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 CIMB Stock often depends not only on the future outlook of the current and potential CIMB Thai'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. CIMB Thai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.8 B |
CIMB Thai Technical Analysis
CIMB Thai's future price can be derived by breaking down and analyzing its technical indicators over time. CIMB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CIMB Thai Bank. In general, you should focus on analyzing CIMB Stock price patterns and their correlations with different microeconomic environments and drivers.
CIMB Thai Predictive Forecast Models
CIMB Thai's time-series forecasting models is one of many CIMB Thai'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 CIMB Thai'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 CIMB Thai Bank
Checking the ongoing alerts about CIMB Thai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CIMB Thai Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CIMB Thai Bank generated a negative expected return over the last 90 days | |
| CIMB Thai Bank has some characteristics of a very speculative penny stock | |
| About 95.0% of the company shares are held by company insiders |
Other Information on Investing in CIMB Stock
CIMB Thai financial ratios help investors to determine whether CIMB 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 CIMB with respect to the benefits of owning CIMB Thai security.