Alucon Public (Thailand) Probability of Future Stock Price Finishing Over 170.0
| ALUCON Stock | THB 170.00 1.00 0.59% |
Alucon |
Alucon Public Target Price Odds to finish over 170.0
The tendency of Alucon 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 above the current price in 90 days |
| 170.00 | 90 days | 170.00 | about 47.61 |
Based on a normal probability distribution, the odds of Alucon Public to move above the current price in 90 days from now is about 47.61 (This Alucon Public probability density function shows the probability of Alucon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Alucon Public has a beta of 0.0447. This suggests as returns on the market go up, Alucon Public average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alucon Public will be expected to be much smaller as well. Additionally Alucon 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. Alucon Public Price Density |
| Price |
Predictive Modules for Alucon Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alucon 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.Alucon Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alucon Public is not an exception. The market had few large corrections towards the Alucon Public'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 Alucon Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alucon Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 30.03 | |
Ir | Information ratio | -0.4 |
Alucon Public 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 Alucon Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alucon 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.| Alucon Public is way too risky over 90 days horizon | |
| Alucon Public appears to be risky and price may revert if volatility continues | |
| Alucon Public has accumulated about 852.27 M in cash with (60.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.73. | |
| Roughly 88.0% of the company shares are held by company insiders |
Alucon Public 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 Alucon Stock often depends not only on the future outlook of the current and potential Alucon Public'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. Alucon Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.2 M |
Alucon Public Technical Analysis
Alucon Public's future price can be derived by breaking down and analyzing its technical indicators over time. Alucon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alucon Public. In general, you should focus on analyzing Alucon Stock price patterns and their correlations with different microeconomic environments and drivers.
Alucon Public Predictive Forecast Models
Alucon Public's time-series forecasting models is one of many Alucon Public'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 Alucon Public'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 Alucon Public
Checking the ongoing alerts about Alucon Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alucon Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alucon Public is way too risky over 90 days horizon | |
| Alucon Public appears to be risky and price may revert if volatility continues | |
| Alucon Public has accumulated about 852.27 M in cash with (60.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.73. | |
| Roughly 88.0% of the company shares are held by company insiders |
Other Information on Investing in Alucon Stock
Alucon Public financial ratios help investors to determine whether Alucon 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 Alucon with respect to the benefits of owning Alucon Public security.