TISCO Financial (Thailand) Probability of Future Stock Price Finishing Under 96.41
| TISCO Stock | THB 97.25 0.50 0.52% |
TISCO |
TISCO Financial Target Price Odds to finish below 96.41
The tendency of TISCO 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 96.41 or more in 90 days |
| 97.25 | 90 days | 96.41 | about 32.19 |
Based on a normal probability distribution, the odds of TISCO Financial to drop to 96.41 or more in 90 days from now is about 32.19 (This TISCO Financial Group probability density function shows the probability of TISCO Stock to fall within a particular range of prices over 90 days) . Probability of TISCO Financial Group price to stay between 96.41 and its current price of 97.25 at the end of the 90-day period is about 45.58 .
Assuming the 90 days trading horizon TISCO Financial Group has a beta of -0.0084. This usually implies as returns on the benchmark increase, returns on holding TISCO Financial are expected to decrease at a much lower rate. During a bear market, however, TISCO Financial Group is likely to outperform the market. Additionally TISCO Financial Group has an alpha of 0.0508, implying that it can generate a 0.0508 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TISCO Financial Price Density |
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Predictive Modules for TISCO Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TISCO Financial Group. 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.TISCO Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TISCO Financial is not an exception. The market had few large corrections towards the TISCO Financial'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 TISCO Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TISCO Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.0084 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | -0.11 |
TISCO Financial 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 TISCO Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TISCO Financial Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 20.0% of the company outstanding shares are owned by corporate insiders |
TISCO Financial 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 TISCO Stock often depends not only on the future outlook of the current and potential TISCO Financial'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. TISCO Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 800.7 M |
TISCO Financial Technical Analysis
TISCO Financial's future price can be derived by breaking down and analyzing its technical indicators over time. TISCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TISCO Financial Group. In general, you should focus on analyzing TISCO Stock price patterns and their correlations with different microeconomic environments and drivers.
TISCO Financial Predictive Forecast Models
TISCO Financial's time-series forecasting models is one of many TISCO Financial'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 TISCO Financial'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 TISCO Financial Group
Checking the ongoing alerts about TISCO Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TISCO Financial Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 20.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in TISCO Stock
TISCO Financial financial ratios help investors to determine whether TISCO 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 TISCO with respect to the benefits of owning TISCO Financial security.