Bangkok Bank Public Stock Probability of Future Pink Sheet Price Finishing Over 14.55
| BKKPF Stock | USD 3.72 0.43 10.36% |
Bangkok |
Bangkok Bank Target Price Odds to finish over 14.55
The tendency of Bangkok Pink Sheet 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 $ 14.55 or more in 90 days |
| 3.72 | 90 days | 14.55 | close to zero percent |
Based on a normal probability distribution, the odds of Bangkok Bank to move over $ 14.55 or more in 90 days from now is close to zero percent (This Bangkok Bank Public probability density function shows the probability of Bangkok Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bangkok Bank Public price to stay between its current price of $ 3.72 and $ 14.55 at the end of the 90-day period is about 90.53 .
Assuming the 90 days horizon Bangkok Bank Public has a beta of -0.0867 suggesting as returns on the benchmark increase, returns on holding Bangkok Bank are expected to decrease at a much lower rate. During a bear market, however, Bangkok Bank Public is likely to outperform the market. Additionally Bangkok Bank 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. Bangkok Bank Price Density |
| Price |
Predictive Modules for Bangkok Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bangkok Bank Public. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Bangkok Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bangkok Bank is not an exception. The market had few large corrections towards the Bangkok Bank'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 Bangkok Bank Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bangkok Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.06 |
Bangkok Bank 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 Bangkok Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bangkok Bank 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.| Bangkok Bank Public generated a negative expected return over the last 90 days | |
| Bangkok Bank Public has high historical volatility and very poor performance | |
| Bangkok Bank Public has accumulated about 127.47 B in cash with (345.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 66.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Bangkok Bank 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 Bangkok Pink Sheet often depends not only on the future outlook of the current and potential Bangkok Bank'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. Bangkok Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B |
Bangkok Bank Technical Analysis
Bangkok Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Bangkok Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bangkok Bank Public. In general, you should focus on analyzing Bangkok Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bangkok Bank Predictive Forecast Models
Bangkok Bank's time-series forecasting models is one of many Bangkok Bank's pink sheet 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 Bangkok Bank'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Bangkok Bank Public
Checking the ongoing alerts about Bangkok Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bangkok Bank Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bangkok Bank Public generated a negative expected return over the last 90 days | |
| Bangkok Bank Public has high historical volatility and very poor performance | |
| Bangkok Bank Public has accumulated about 127.47 B in cash with (345.54 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 66.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Bangkok Pink Sheet
Bangkok Bank financial ratios help investors to determine whether Bangkok Pink Sheet 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 Bangkok with respect to the benefits of owning Bangkok Bank security.