Twenty Four (Thailand) Probability of Future Stock Price Finishing Under 3.74

24CS Stock   3.20  0.04  1.23%   
Twenty Four's future price is the expected price of Twenty Four instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Twenty Four Con Supply performance during a given time horizon utilizing its historical volatility. Check out Twenty Four Backtesting, Twenty Four Valuation, Twenty Four Correlation, Twenty Four Hype Analysis, Twenty Four Volatility, Twenty Four History as well as Twenty Four Performance.
  
Please specify Twenty Four's target price for which you would like Twenty Four odds to be computed.

Twenty Four Target Price Odds to finish below 3.74

The tendency of Twenty 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 PriceHorizonTarget PriceOdds to stay under  3.74  after 90 days
 3.20 90 days 3.74 
about 37.63
Based on a normal probability distribution, the odds of Twenty Four to stay under  3.74  after 90 days from now is about 37.63 (This Twenty Four Con Supply probability density function shows the probability of Twenty Stock to fall within a particular range of prices over 90 days) . Probability of Twenty Four Con price to stay between its current price of  3.20  and  3.74  at the end of the 90-day period is about 25.35 .
Assuming the 90 days trading horizon Twenty Four Con Supply has a beta of -0.22. This suggests as returns on the benchmark increase, returns on holding Twenty Four are expected to decrease at a much lower rate. During a bear market, however, Twenty Four Con Supply is likely to outperform the market. Additionally Twenty Four Con Supply 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.
   Twenty Four Price Density   
       Price  

Predictive Modules for Twenty Four

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Twenty Four Con. 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.
Hype
Prediction
LowEstimatedHigh
0.163.20323.20
Details
Intrinsic
Valuation
LowRealHigh
0.183.59323.60
Details
Naive
Forecast
LowNextHigh
0.062.83128.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.123.363.60
Details

Twenty Four Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Twenty Four is not an exception. The market had few large corrections towards the Twenty Four'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 Twenty Four Con Supply, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Twenty Four within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.39
β
Beta against Dow Jones-0.22
σ
Overall volatility
0.64
Ir
Information ratio -0.23

Twenty Four 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 Twenty Four for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Twenty Four Con can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Twenty Four Con is way too risky over 90 days horizon
Twenty Four Con appears to be risky and price may revert if volatility continues
About 74.0% of the company shares are owned by insiders or employees

Twenty Four Technical Analysis

Twenty Four's future price can be derived by breaking down and analyzing its technical indicators over time. Twenty Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Twenty Four Con Supply. In general, you should focus on analyzing Twenty Stock price patterns and their correlations with different microeconomic environments and drivers.

Twenty Four Predictive Forecast Models

Twenty Four's time-series forecasting models is one of many Twenty Four'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 Twenty Four'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 Twenty Four Con

Checking the ongoing alerts about Twenty Four for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Twenty Four Con help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Twenty Four Con is way too risky over 90 days horizon
Twenty Four Con appears to be risky and price may revert if volatility continues
About 74.0% of the company shares are owned by insiders or employees

Other Information on Investing in Twenty Stock

Twenty Four financial ratios help investors to determine whether Twenty 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 Twenty with respect to the benefits of owning Twenty Four security.