Thai Coating (Thailand) Probability of Future Stock Price Finishing Under 25.26
| TCOAT Stock | THB 25.50 1.10 4.51% |
Thai |
Thai Coating Target Price Odds to finish below 25.26
The tendency of Thai 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 25.26 or more in 90 days |
| 25.50 | 90 days | 25.26 | about 38.69 |
Based on a normal probability distribution, the odds of Thai Coating to drop to 25.26 or more in 90 days from now is about 38.69 (This Thai Coating Industrial probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Coating Industrial price to stay between 25.26 and its current price of 25.5 at the end of the 90-day period is about 8.25 .
Assuming the 90 days trading horizon Thai Coating has a beta of 0.53. This usually implies as returns on the market go up, Thai Coating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thai Coating Industrial will be expected to be much smaller as well. Additionally Thai Coating Industrial has an alpha of 0.0792, implying that it can generate a 0.0792 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thai Coating Price Density |
| Price |
Predictive Modules for Thai Coating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Coating Industrial. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thai Coating's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Thai Coating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Coating is not an exception. The market had few large corrections towards the Thai Coating'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 Thai Coating Industrial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Coating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | 0.01 |
Thai Coating 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 Thai Coating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Coating Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thai Coating had very high historical volatility over the last 90 days | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
Thai Coating 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 Thai Stock often depends not only on the future outlook of the current and potential Thai Coating'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. Thai Coating's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.5 M |
Thai Coating Technical Analysis
Thai Coating's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Coating Industrial. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Coating Predictive Forecast Models
Thai Coating's time-series forecasting models is one of many Thai Coating'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 Thai Coating'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 Thai Coating Industrial
Checking the ongoing alerts about Thai Coating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Coating Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Coating had very high historical volatility over the last 90 days | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Thai Stock
Thai Coating financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Coating security.