Chamni Eye (Thailand) Probability of Future Stock Price Finishing Over 2.94
| CEYE Stock | 2.88 0.06 2.04% |
Chamni |
Chamni Eye Target Price Odds to finish over 2.94
The tendency of Chamni 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 over 2.94 or more in 90 days |
| 2.88 | 90 days | 2.94 | more than 93.0 |
Based on a normal probability distribution, the odds of Chamni Eye to move over 2.94 or more in 90 days from now is more than 93.0 (This Chamni Eye PCL probability density function shows the probability of Chamni Stock to fall within a particular range of prices over 90 days) . Probability of Chamni Eye PCL price to stay between its current price of 2.88 and 2.94 at the end of the 90-day period is roughly 2.87 .
Assuming the 90 days trading horizon Chamni Eye has a beta of 0.022 suggesting as returns on the market go up, Chamni Eye average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chamni Eye PCL will be expected to be much smaller as well. Additionally Chamni Eye PCL 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. Chamni Eye Price Density |
| Price |
Predictive Modules for Chamni Eye
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chamni Eye PCL. 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.Chamni Eye Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chamni Eye is not an exception. The market had few large corrections towards the Chamni Eye'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 Chamni Eye PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chamni Eye within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.21 |
Chamni Eye 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 Chamni Eye for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chamni Eye PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chamni Eye PCL generated a negative expected return over the last 90 days | |
| About 76.0% of the company shares are held by company insiders |
Chamni Eye Technical Analysis
Chamni Eye's future price can be derived by breaking down and analyzing its technical indicators over time. Chamni Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chamni Eye PCL. In general, you should focus on analyzing Chamni Stock price patterns and their correlations with different microeconomic environments and drivers.
Chamni Eye Predictive Forecast Models
Chamni Eye's time-series forecasting models is one of many Chamni Eye'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 Chamni Eye'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 Chamni Eye PCL
Checking the ongoing alerts about Chamni Eye for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chamni Eye PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chamni Eye PCL generated a negative expected return over the last 90 days | |
| About 76.0% of the company shares are held by company insiders |
Other Information on Investing in Chamni Stock
Chamni Eye financial ratios help investors to determine whether Chamni 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 Chamni with respect to the benefits of owning Chamni Eye security.