TCM Public (Thailand) Probability of Future Stock Price Finishing Over 10.27
| TCMC Stock | THB 0.70 0.01 1.41% |
TCM |
TCM Public Target Price Odds to finish over 10.27
The tendency of TCM 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 10.27 or more in 90 days |
| 0.70 | 90 days | 10.27 | close to zero percent |
Based on a normal probability distribution, the odds of TCM Public to move over 10.27 or more in 90 days from now is close to zero percent (This TCM Public probability density function shows the probability of TCM Stock to fall within a particular range of prices over 90 days) . Probability of TCM Public price to stay between its current price of 0.70 and 10.27 at the end of the 90-day period is about 90.13 .
Assuming the 90 days trading horizon TCM Public has a beta of -0.31. This usually implies as returns on the benchmark increase, returns on holding TCM Public are expected to decrease at a much lower rate. During a bear market, however, TCM Public is likely to outperform the market. Additionally TCM 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. TCM Public Price Density |
| Price |
Predictive Modules for TCM 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 TCM 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.TCM Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TCM Public is not an exception. The market had few large corrections towards the TCM 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 TCM Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TCM Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.12 |
TCM 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 TCM Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TCM 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.| TCM Public generated a negative expected return over the last 90 days | |
| TCM Public has some characteristics of a very speculative penny stock | |
| TCM Public has high historical volatility and very poor performance | |
| TCM Public has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 7.74 B. Net Loss for the year was (152.85 M) with profit before overhead, payroll, taxes, and interest of 1.62 B. | |
| About 51.0% of the company outstanding shares are owned by corporate insiders |
TCM 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 TCM Stock often depends not only on the future outlook of the current and potential TCM 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. TCM Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 763.2 M |
TCM Public Technical Analysis
TCM Public's future price can be derived by breaking down and analyzing its technical indicators over time. TCM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TCM Public. In general, you should focus on analyzing TCM Stock price patterns and their correlations with different microeconomic environments and drivers.
TCM Public Predictive Forecast Models
TCM Public's time-series forecasting models is one of many TCM 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 TCM 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 TCM Public
Checking the ongoing alerts about TCM Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TCM Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TCM Public generated a negative expected return over the last 90 days | |
| TCM Public has some characteristics of a very speculative penny stock | |
| TCM Public has high historical volatility and very poor performance | |
| TCM Public has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 7.74 B. Net Loss for the year was (152.85 M) with profit before overhead, payroll, taxes, and interest of 1.62 B. | |
| About 51.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in TCM Stock
TCM Public financial ratios help investors to determine whether TCM 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 TCM with respect to the benefits of owning TCM Public security.