KCE Electronics (Thailand) Probability of Future Stock Price Finishing Under 21.39
| KCE Stock | THB 24.00 0.30 1.27% |
KCE |
KCE Electronics Target Price Odds to finish below 21.39
The tendency of KCE 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 21.39 or more in 90 days |
| 24.00 | 90 days | 21.39 | about 1.05 |
Based on a normal probability distribution, the odds of KCE Electronics to drop to 21.39 or more in 90 days from now is about 1.05 (This KCE Electronics Public probability density function shows the probability of KCE Stock to fall within a particular range of prices over 90 days) . Probability of KCE Electronics Public price to stay between 21.39 and its current price of 24.0 at the end of the 90-day period is roughly 2.26 .
Assuming the 90 days trading horizon KCE Electronics has a beta of 0.85. This indicates KCE Electronics Public market returns are very sensitive to returns on the market. As the market goes up or down, KCE Electronics is expected to follow. Additionally KCE Electronics Public 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. KCE Electronics Price Density |
| Price |
Predictive Modules for KCE Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KCE Electronics Public. 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.KCE Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KCE Electronics is not an exception. The market had few large corrections towards the KCE Electronics' 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 KCE Electronics Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KCE Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.77 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 5.55 | |
Ir | Information ratio | -0.31 |
KCE Electronics 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 KCE Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KCE Electronics Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KCE Electronics generated a negative expected return over the last 90 days | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
KCE Electronics 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 KCE Stock often depends not only on the future outlook of the current and potential KCE Electronics' 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. KCE Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
KCE Electronics Technical Analysis
KCE Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. KCE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KCE Electronics Public. In general, you should focus on analyzing KCE Stock price patterns and their correlations with different microeconomic environments and drivers.
KCE Electronics Predictive Forecast Models
KCE Electronics' time-series forecasting models is one of many KCE Electronics' 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 KCE Electronics' 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 KCE Electronics Public
Checking the ongoing alerts about KCE Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KCE Electronics Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KCE Electronics generated a negative expected return over the last 90 days | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in KCE Stock
KCE Electronics financial ratios help investors to determine whether KCE 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 KCE with respect to the benefits of owning KCE Electronics security.