City Sports (Thailand) Probability of Future Stock Price Finishing Over 87.33
| CSR Stock | THB 86.50 0.25 0.29% |
City |
City Sports Target Price Odds to finish over 87.33
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 Price | Horizon | Target Price | Odds to move over 87.33 or more in 90 days |
| 86.50 | 90 days | 87.33 | about 1.2 |
Based on a normal probability distribution, the odds of City Sports to move over 87.33 or more in 90 days from now is about 1.2 (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 its current price of 86.50 and 87.33 at the end of the 90-day period is about 1.15 .
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.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 Outstanding | 20.5 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.