City Sports (Thailand) Probability of Future Stock Price Finishing Over 67.58

CSR Stock  THB 86.50  0.25  0.29%   
City Sports' future price is the expected price of City Sports instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of City Sports and performance during a given time horizon utilizing its historical volatility. Check out City Sports Backtesting, City Sports Valuation, City Sports Correlation, City Sports Hype Analysis, City Sports Volatility, City Sports History as well as City Sports Performance.
  
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City Sports Target Price Odds to finish over 67.58

The tendency of City 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 PriceHorizonTarget PriceOdds to stay above  67.58  in 90 days
 86.50 90 days 67.58 
close to 99
Based on a normal probability distribution, the odds of City Sports to stay above  67.58  in 90 days from now is close to 99 (This City Sports and probability density function shows the probability of City Stock to fall within a particular range of prices over 90 days) . Probability of City Sports price to stay between  67.58  and its current price of 86.5 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon City Sports and has a beta of -0.0699 suggesting as returns on the benchmark increase, returns on holding City Sports are expected to decrease at a much lower rate. During a bear market, however, City Sports and is likely to outperform the market. Additionally City Sports and has an alpha of 0.2143, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   City Sports Price Density   
       Price  

Predictive Modules for City Sports

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as City Sports. 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.
Hype
Prediction
LowEstimatedHigh
85.9586.5087.05
Details
Intrinsic
Valuation
LowRealHigh
81.5382.0895.15
Details
Naive
Forecast
LowNextHigh
86.6587.2087.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
83.5185.5387.54
Details

City Sports Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. City Sports is not an exception. The market had few large corrections towards the City Sports' 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 City Sports and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of City Sports within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.21
β
Beta against Dow Jones-0.07
σ
Overall volatility
3.06
Ir
Information ratio 0.21

City Sports 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 City Sports for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for City Sports can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
City is showing solid risk-adjusted performance over 90 days
About 81.0% of the company shares are held by company insiders

City Sports 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 City Stock often depends not only on the future outlook of the current and potential City Sports' 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. City Sports' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding20.5 M

City Sports Technical Analysis

City Sports' future price can be derived by breaking down and analyzing its technical indicators over time. City Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of City Sports and. In general, you should focus on analyzing City Stock price patterns and their correlations with different microeconomic environments and drivers.

City Sports Predictive Forecast Models

City Sports' time-series forecasting models is one of many City Sports' 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 City Sports' 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 City Sports

Checking the ongoing alerts about City Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for City Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
City is showing solid risk-adjusted performance over 90 days
About 81.0% of the company shares are held by company insiders

Other Information on Investing in City Stock

City Sports financial ratios help investors to determine whether City 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 City with respect to the benefits of owning City Sports security.