Chonburi Concrete (Thailand) Probability of Future Stock Price Finishing Over 0.3
| CCP Stock | THB 0.30 0.01 3.45% |
Chonburi |
Chonburi Concrete Target Price Odds to finish over 0.3
The tendency of Chonburi 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 |
| 0.30 | 90 days | 0.30 | about 50.0 |
Based on a normal probability distribution, the odds of Chonburi Concrete to move above the current price in 90 days from now is about 50.0 (This Chonburi Concrete Product probability density function shows the probability of Chonburi Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Chonburi Concrete Product has a beta of -0.54 suggesting as returns on the benchmark increase, returns on holding Chonburi Concrete are expected to decrease at a much lower rate. During a bear market, however, Chonburi Concrete Product is likely to outperform the market. Additionally Chonburi Concrete Product has an alpha of 0.2987, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Chonburi Concrete Price Density |
| Price |
Predictive Modules for Chonburi Concrete
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chonburi Concrete Product. 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.Chonburi Concrete Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chonburi Concrete is not an exception. The market had few large corrections towards the Chonburi Concrete'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 Chonburi Concrete Product, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chonburi Concrete within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.05 |
Chonburi Concrete 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 Chonburi Concrete for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chonburi Concrete Product can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chonburi Concrete is way too risky over 90 days horizon | |
| Chonburi Concrete has some characteristics of a very speculative penny stock | |
| Chonburi Concrete appears to be risky and price may revert if volatility continues | |
| The company has 75.5 Million in debt which may indicate that it relies heavily on debt financing | |
| About 61.0% of the company shares are held by company insiders |
Chonburi Concrete 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 Chonburi Stock often depends not only on the future outlook of the current and potential Chonburi Concrete'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. Chonburi Concrete's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.8 B |
Chonburi Concrete Technical Analysis
Chonburi Concrete's future price can be derived by breaking down and analyzing its technical indicators over time. Chonburi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chonburi Concrete Product. In general, you should focus on analyzing Chonburi Stock price patterns and their correlations with different microeconomic environments and drivers.
Chonburi Concrete Predictive Forecast Models
Chonburi Concrete's time-series forecasting models is one of many Chonburi Concrete'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 Chonburi Concrete'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 Chonburi Concrete Product
Checking the ongoing alerts about Chonburi Concrete for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chonburi Concrete Product help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chonburi Concrete is way too risky over 90 days horizon | |
| Chonburi Concrete has some characteristics of a very speculative penny stock | |
| Chonburi Concrete appears to be risky and price may revert if volatility continues | |
| The company has 75.5 Million in debt which may indicate that it relies heavily on debt financing | |
| About 61.0% of the company shares are held by company insiders |
Other Information on Investing in Chonburi Stock
Chonburi Concrete financial ratios help investors to determine whether Chonburi 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 Chonburi with respect to the benefits of owning Chonburi Concrete security.