JKN Global (Thailand) Probability of Future Stock Price Finishing Over 0.64
| JKN Stock | THB 0.31 0.00 0.00% |
JKN |
JKN Global Target Price Odds to finish over 0.64
The tendency of JKN 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 0.64 or more in 90 days |
| 0.31 | 90 days | 0.64 | close to zero percent |
Based on a normal probability distribution, the odds of JKN Global to move over 0.64 or more in 90 days from now is close to zero percent (This JKN Global Media probability density function shows the probability of JKN Stock to fall within a particular range of prices over 90 days) . Probability of JKN Global Media price to stay between its current price of 0.31 and 0.64 at the end of the 90-day period is about 50.0 .
Assuming the 90 days trading horizon JKN Global Media has a beta of -0.0736. This indicates as returns on the benchmark increase, returns on holding JKN Global are expected to decrease at a much lower rate. During a bear market, however, JKN Global Media is likely to outperform the market. Additionally JKN Global Media 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. JKN Global Price Density |
| Price |
Predictive Modules for JKN Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JKN Global Media. 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.JKN Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JKN Global is not an exception. The market had few large corrections towards the JKN Global'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 JKN Global Media, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JKN Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
JKN Global 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 JKN Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JKN Global Media can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JKN Global Media generated a negative expected return over the last 90 days | |
| JKN Global Media has some characteristics of a very speculative penny stock | |
| About 38.0% of the company shares are held by company insiders |
JKN Global 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 JKN Stock often depends not only on the future outlook of the current and potential JKN Global'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. JKN Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 607.5 M | |
| Short Long Term Debt | 1.3 B |
JKN Global Technical Analysis
JKN Global's future price can be derived by breaking down and analyzing its technical indicators over time. JKN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JKN Global Media. In general, you should focus on analyzing JKN Stock price patterns and their correlations with different microeconomic environments and drivers.
JKN Global Predictive Forecast Models
JKN Global's time-series forecasting models is one of many JKN Global'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 JKN Global'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 JKN Global Media
Checking the ongoing alerts about JKN Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JKN Global Media help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JKN Global Media generated a negative expected return over the last 90 days | |
| JKN Global Media has some characteristics of a very speculative penny stock | |
| About 38.0% of the company shares are held by company insiders |
Other Information on Investing in JKN Stock
JKN Global financial ratios help investors to determine whether JKN 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 JKN with respect to the benefits of owning JKN Global security.