MCOT Public (Thailand) Probability of Future Stock Price Finishing Over 17.85
| MCOT Stock | THB 6.45 0.55 7.86% |
MCOT |
MCOT Public Target Price Odds to finish over 17.85
The tendency of MCOT 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 17.85 or more in 90 days |
| 6.45 | 90 days | 17.85 | near 1 |
Based on a normal probability distribution, the odds of MCOT Public to move over 17.85 or more in 90 days from now is near 1 (This MCOT Public probability density function shows the probability of MCOT Stock to fall within a particular range of prices over 90 days) . Probability of MCOT Public price to stay between its current price of 6.45 and 17.85 at the end of the 90-day period is about 32.92 .
Assuming the 90 days trading horizon MCOT Public has a beta of -0.0413. This indicates as returns on the benchmark increase, returns on holding MCOT Public are expected to decrease at a much lower rate. During a bear market, however, MCOT Public is likely to outperform the market. Moreover MCOT Public has an alpha of 1.7856, implying that it can generate a 1.79 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MCOT Public Price Density |
| Price |
Predictive Modules for MCOT Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MCOT 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.MCOT Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MCOT Public is not an exception. The market had few large corrections towards the MCOT Public'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 MCOT Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MCOT Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.79 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 1.81 | |
Ir | Information ratio | 0.16 |
MCOT Public 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 MCOT Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MCOT 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.| MCOT Public is way too risky over 90 days horizon | |
| MCOT Public appears to be risky and price may revert if volatility continues | |
| MCOT Public has accumulated about 508.75 M in cash with (481.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders |
MCOT Public 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 MCOT Stock often depends not only on the future outlook of the current and potential MCOT Public'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. MCOT Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 687.1 M |
MCOT Public Technical Analysis
MCOT Public's future price can be derived by breaking down and analyzing its technical indicators over time. MCOT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MCOT Public. In general, you should focus on analyzing MCOT Stock price patterns and their correlations with different microeconomic environments and drivers.
MCOT Public Predictive Forecast Models
MCOT Public's time-series forecasting models is one of many MCOT Public'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 MCOT Public'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 MCOT Public
Checking the ongoing alerts about MCOT Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MCOT Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MCOT Public is way too risky over 90 days horizon | |
| MCOT Public appears to be risky and price may revert if volatility continues | |
| MCOT Public has accumulated about 508.75 M in cash with (481.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in MCOT Stock
MCOT Public financial ratios help investors to determine whether MCOT 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 MCOT with respect to the benefits of owning MCOT Public security.