SiS Distribution (Thailand) Probability of Future Stock Price Finishing Under 20.54
| SIS Stock | THB 28.75 0.25 0.86% |
SiS |
SiS Distribution Target Price Odds to finish below 20.54
The tendency of SiS 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 20.54 or more in 90 days |
| 28.75 | 90 days | 20.54 | near 1 |
Based on a normal probability distribution, the odds of SiS Distribution to drop to 20.54 or more in 90 days from now is near 1 (This SiS Distribution Public probability density function shows the probability of SiS Stock to fall within a particular range of prices over 90 days) . Probability of SiS Distribution Public price to stay between 20.54 and its current price of 28.75 at the end of the 90-day period is about 88.09 .
Assuming the 90 days trading horizon SiS Distribution Public has a beta of -0.17. This usually implies as returns on the benchmark increase, returns on holding SiS Distribution are expected to decrease at a much lower rate. During a bear market, however, SiS Distribution Public is likely to outperform the market. Additionally SiS Distribution Public has an alpha of 0.1349, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SiS Distribution Price Density |
| Price |
Predictive Modules for SiS Distribution
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SiS Distribution 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.SiS Distribution Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SiS Distribution is not an exception. The market had few large corrections towards the SiS Distribution'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 SiS Distribution Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SiS Distribution within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 1.50 | |
Ir | Information ratio | 0.0004 |
SiS Distribution 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 SiS Distribution for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SiS Distribution 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.| SiS Distribution had very high historical volatility over the last 90 days | |
| SiS Distribution has accumulated 1.61 Billion in debt which can lead to volatile earnings | |
| SiS Distribution Public has accumulated about 171.5 M in cash with (2.32 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49. | |
| Roughly 73.0% of the company outstanding shares are owned by corporate insiders |
SiS Distribution 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 SiS Stock often depends not only on the future outlook of the current and potential SiS Distribution'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. SiS Distribution's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 350.2 M |
SiS Distribution Technical Analysis
SiS Distribution's future price can be derived by breaking down and analyzing its technical indicators over time. SiS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SiS Distribution Public. In general, you should focus on analyzing SiS Stock price patterns and their correlations with different microeconomic environments and drivers.
SiS Distribution Predictive Forecast Models
SiS Distribution's time-series forecasting models is one of many SiS Distribution'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 SiS Distribution'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 SiS Distribution Public
Checking the ongoing alerts about SiS Distribution for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SiS Distribution Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SiS Distribution had very high historical volatility over the last 90 days | |
| SiS Distribution has accumulated 1.61 Billion in debt which can lead to volatile earnings | |
| SiS Distribution Public has accumulated about 171.5 M in cash with (2.32 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49. | |
| Roughly 73.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SiS Stock
SiS Distribution financial ratios help investors to determine whether SiS 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 SiS with respect to the benefits of owning SiS Distribution security.