Thai Credit (Thailand) Probability of Future Stock Price Finishing Under 8.42
| CREDIT Stock | 18.10 0.80 4.23% |
Thai |
Thai Credit Target Price Odds to finish below 8.42
The tendency of Thai 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 drop to 8.42 or more in 90 days |
| 18.10 | 90 days | 8.42 | near 1 |
Based on a normal probability distribution, the odds of Thai Credit to drop to 8.42 or more in 90 days from now is near 1 (This Thai Credit Pcl probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Credit Pcl price to stay between 8.42 and its current price of 18.1 at the end of the 90-day period is nearly 4.77 .
Assuming the 90 days trading horizon Thai Credit Pcl has a beta of -0.49 suggesting as returns on the benchmark increase, returns on holding Thai Credit are expected to decrease at a much lower rate. During a bear market, however, Thai Credit Pcl is likely to outperform the market. Additionally Thai Credit Pcl has an alpha of 0.0943, implying that it can generate a 0.0943 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thai Credit Price Density |
| Price |
Predictive Modules for Thai Credit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Credit Pcl. 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.Thai Credit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Credit is not an exception. The market had few large corrections towards the Thai Credit'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 Thai Credit Pcl, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Credit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 1.53 | |
Ir | Information ratio | -0.01 |
Thai Credit 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 Thai Credit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Credit Pcl can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thai Credit Pcl generated a negative expected return over the last 90 days | |
| Thai Credit Pcl has high historical volatility and very poor performance |
Thai Credit Technical Analysis
Thai Credit's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Credit Pcl. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Credit Predictive Forecast Models
Thai Credit's time-series forecasting models is one of many Thai Credit'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 Thai Credit'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 Thai Credit Pcl
Checking the ongoing alerts about Thai Credit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Credit Pcl help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Credit Pcl generated a negative expected return over the last 90 days | |
| Thai Credit Pcl has high historical volatility and very poor performance |