Autocorp Holding (Thailand) Probability of Future Stock Price Finishing Under 0.89
| ACG Stock | 0.89 0.02 2.20% |
Autocorp |
Autocorp Holding Target Price Odds to finish below 0.89
The tendency of Autocorp 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 below current price in 90 days |
| 0.89 | 90 days | 0.89 | about 29.74 |
Based on a normal probability distribution, the odds of Autocorp Holding to move below current price in 90 days from now is about 29.74 (This Autocorp Holding Public probability density function shows the probability of Autocorp Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.16 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Autocorp Holding will likely underperform. Additionally Autocorp Holding 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. Autocorp Holding Price Density |
| Price |
Predictive Modules for Autocorp Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Autocorp Holding 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.Autocorp Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Autocorp Holding is not an exception. The market had few large corrections towards the Autocorp Holding'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 Autocorp Holding Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Autocorp Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0085 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0 |
Autocorp Holding 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 Autocorp Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Autocorp Holding 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.| Autocorp Holding is way too risky over 90 days horizon | |
| Autocorp Holding has some characteristics of a very speculative penny stock | |
| Autocorp Holding appears to be risky and price may revert if volatility continues | |
| About 83.0% of the company shares are held by company insiders |
Autocorp Holding 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 Autocorp Stock often depends not only on the future outlook of the current and potential Autocorp Holding'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. Autocorp Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 600 M |
Autocorp Holding Technical Analysis
Autocorp Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Autocorp Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Autocorp Holding Public. In general, you should focus on analyzing Autocorp Stock price patterns and their correlations with different microeconomic environments and drivers.
Autocorp Holding Predictive Forecast Models
Autocorp Holding's time-series forecasting models is one of many Autocorp Holding'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 Autocorp Holding'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 Autocorp Holding Public
Checking the ongoing alerts about Autocorp Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Autocorp Holding Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Autocorp Holding is way too risky over 90 days horizon | |
| Autocorp Holding has some characteristics of a very speculative penny stock | |
| Autocorp Holding appears to be risky and price may revert if volatility continues | |
| About 83.0% of the company shares are held by company insiders |
Other Information on Investing in Autocorp Stock
Autocorp Holding financial ratios help investors to determine whether Autocorp 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 Autocorp with respect to the benefits of owning Autocorp Holding security.