Next Capital (Thailand) Probability of Future Stock Price Finishing Over 14.40
| NCAP Stock | THB 1.48 0.01 0.68% |
Next |
Next Capital Target Price Odds to finish over 14.40
The tendency of Next 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 14.40 or more in 90 days |
| 1.48 | 90 days | 14.40 | close to zero percent |
Based on a normal probability distribution, the odds of Next Capital to move over 14.40 or more in 90 days from now is close to zero percent (This Next Capital Public probability density function shows the probability of Next Stock to fall within a particular range of prices over 90 days) . Probability of Next Capital Public price to stay between its current price of 1.48 and 14.40 at the end of the 90-day period is over 95.37 .
Assuming the 90 days trading horizon Next Capital has a beta of 0.71. This indicates as returns on the market go up, Next Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Next Capital Public will be expected to be much smaller as well. Additionally Next Capital 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. Next Capital Price Density |
| Price |
Predictive Modules for Next Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Next Capital 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.Next Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Next Capital is not an exception. The market had few large corrections towards the Next Capital'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 Next Capital Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Next Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.59 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.17 |
Next Capital 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 Next Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Next Capital 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.| Next Capital Public generated a negative expected return over the last 90 days | |
| Next Capital Public may become a speculative penny stock | |
| Next Capital Public has high historical volatility and very poor performance | |
| Next Capital Public has accumulated about 14.5 M in cash with (1.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
Next Capital 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 Next Stock often depends not only on the future outlook of the current and potential Next Capital'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. Next Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 900 M |
Next Capital Technical Analysis
Next Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Next Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Next Capital Public. In general, you should focus on analyzing Next Stock price patterns and their correlations with different microeconomic environments and drivers.
Next Capital Predictive Forecast Models
Next Capital's time-series forecasting models is one of many Next Capital'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 Next Capital'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 Next Capital Public
Checking the ongoing alerts about Next Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Next Capital Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Next Capital Public generated a negative expected return over the last 90 days | |
| Next Capital Public may become a speculative penny stock | |
| Next Capital Public has high historical volatility and very poor performance | |
| Next Capital Public has accumulated about 14.5 M in cash with (1.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Next Stock
Next Capital financial ratios help investors to determine whether Next 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 Next with respect to the benefits of owning Next Capital security.