TKS Technologies (Thailand) Probability of Future Stock Price Finishing Over 6.36
| TKS Stock | THB 5.85 0.05 0.85% |
TKS |
TKS Technologies Target Price Odds to finish over 6.36
The tendency of TKS 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 6.36 or more in 90 days |
| 5.85 | 90 days | 6.36 | about 89.08 |
Based on a normal probability distribution, the odds of TKS Technologies to move over 6.36 or more in 90 days from now is about 89.08 (This TKS Technologies Public probability density function shows the probability of TKS Stock to fall within a particular range of prices over 90 days) . Probability of TKS Technologies Public price to stay between its current price of 5.85 and 6.36 at the end of the 90-day period is about 9.57 .
Assuming the 90 days trading horizon TKS Technologies has a beta of 0.3. This usually implies as returns on the market go up, TKS Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TKS Technologies Public will be expected to be much smaller as well. Additionally TKS Technologies 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. TKS Technologies Price Density |
| Price |
Predictive Modules for TKS Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TKS Technologies 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.TKS Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TKS Technologies is not an exception. The market had few large corrections towards the TKS Technologies' 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 TKS Technologies Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TKS Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.48 |
TKS Technologies 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 TKS Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TKS Technologies 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.| TKS Technologies generated a negative expected return over the last 90 days | |
| TKS Technologies Public has accumulated 439.42 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. TKS Technologies Public has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TKS Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, TKS Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TKS Technologies Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TKS to invest in growth at high rates of return. When we think about TKS Technologies' use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of TKS Technologies outstanding shares are owned by corporate insiders |
TKS Technologies 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 TKS Stock often depends not only on the future outlook of the current and potential TKS Technologies' 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. TKS Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 508.4 M |
TKS Technologies Technical Analysis
TKS Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. TKS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TKS Technologies Public. In general, you should focus on analyzing TKS Stock price patterns and their correlations with different microeconomic environments and drivers.
TKS Technologies Predictive Forecast Models
TKS Technologies' time-series forecasting models is one of many TKS Technologies' 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 TKS Technologies' 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 TKS Technologies Public
Checking the ongoing alerts about TKS Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TKS Technologies Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TKS Technologies generated a negative expected return over the last 90 days | |
| TKS Technologies Public has accumulated 439.42 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. TKS Technologies Public has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TKS Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, TKS Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TKS Technologies Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TKS to invest in growth at high rates of return. When we think about TKS Technologies' use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of TKS Technologies outstanding shares are owned by corporate insiders |
Other Information on Investing in TKS Stock
TKS Technologies financial ratios help investors to determine whether TKS 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 TKS with respect to the benefits of owning TKS Technologies security.