Chow Steel (Thailand) Probability of Future Stock Price Finishing Under 0.10
| CHOW Stock | THB 1.99 0.01 0.50% |
Chow |
Chow Steel Target Price Odds to finish below 0.10
The tendency of Chow 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 drop to 0.10 or more in 90 days |
| 1.99 | 90 days | 0.10 | near 1 |
Based on a normal probability distribution, the odds of Chow Steel to drop to 0.10 or more in 90 days from now is near 1 (This Chow Steel Industries probability density function shows the probability of Chow Stock to fall within a particular range of prices over 90 days) . Probability of Chow Steel Industries price to stay between 0.10 and its current price of 1.99 at the end of the 90-day period is about 12.06 .
Assuming the 90 days trading horizon Chow Steel Industries has a beta of -0.57 suggesting as returns on the benchmark increase, returns on holding Chow Steel are expected to decrease at a much lower rate. During a bear market, however, Chow Steel Industries is likely to outperform the market. Additionally Chow Steel Industries 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. Chow Steel Price Density |
| Price |
Predictive Modules for Chow Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chow Steel Industries. 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.Chow Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chow Steel is not an exception. The market had few large corrections towards the Chow Steel'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 Chow Steel Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chow Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | -0.57 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | -0.18 |
Chow Steel 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 Chow Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chow Steel Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chow Steel is way too risky over 90 days horizon | |
| Chow Steel may become a speculative penny stock | |
| Chow Steel appears to be risky and price may revert if volatility continues | |
| Chow Steel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chow Steel Industries has accumulated 9.3 B in total debt with debt to equity ratio (D/E) of 659.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Chow Steel Industries has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Chow Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Chow Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chow Steel Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chow to invest in growth at high rates of return. When we think about Chow Steel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 305.73 M. Net Loss for the year was (104.96 M) with profit before overhead, payroll, taxes, and interest of 153.08 M. | |
| About 83.0% of Chow Steel shares are held by company insiders |
Chow Steel 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 Chow Stock often depends not only on the future outlook of the current and potential Chow Steel'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. Chow Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 800 M |
Chow Steel Technical Analysis
Chow Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Chow Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chow Steel Industries. In general, you should focus on analyzing Chow Stock price patterns and their correlations with different microeconomic environments and drivers.
Chow Steel Predictive Forecast Models
Chow Steel's time-series forecasting models is one of many Chow Steel'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 Chow Steel'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 Chow Steel Industries
Checking the ongoing alerts about Chow Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chow Steel Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chow Steel is way too risky over 90 days horizon | |
| Chow Steel may become a speculative penny stock | |
| Chow Steel appears to be risky and price may revert if volatility continues | |
| Chow Steel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Chow Steel Industries has accumulated 9.3 B in total debt with debt to equity ratio (D/E) of 659.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Chow Steel Industries has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Chow Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Chow Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chow Steel Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chow to invest in growth at high rates of return. When we think about Chow Steel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 305.73 M. Net Loss for the year was (104.96 M) with profit before overhead, payroll, taxes, and interest of 153.08 M. | |
| About 83.0% of Chow Steel shares are held by company insiders |
Other Information on Investing in Chow Stock
Chow Steel financial ratios help investors to determine whether Chow 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 Chow with respect to the benefits of owning Chow Steel security.