Chiangmai Frozen (Thailand) Probability of Future Stock Price Finishing Under 1.53
| CM Stock | THB 2.06 0.02 0.98% |
Chiangmai |
Chiangmai Frozen Target Price Odds to finish below 1.53
The tendency of Chiangmai 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 1.53 or more in 90 days |
| 2.06 | 90 days | 1.53 | about 1.21 |
Based on a normal probability distribution, the odds of Chiangmai Frozen to drop to 1.53 or more in 90 days from now is about 1.21 (This Chiangmai Frozen Foods probability density function shows the probability of Chiangmai Stock to fall within a particular range of prices over 90 days) . Probability of Chiangmai Frozen Foods price to stay between 1.53 and its current price of 2.06 at the end of the 90-day period is about 34.82 .
Assuming the 90 days horizon Chiangmai Frozen Foods has a beta of -0.0227 suggesting as returns on the benchmark increase, returns on holding Chiangmai Frozen are expected to decrease at a much lower rate. During a bear market, however, Chiangmai Frozen Foods is likely to outperform the market. Additionally Chiangmai Frozen Foods 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. Chiangmai Frozen Price Density |
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Predictive Modules for Chiangmai Frozen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chiangmai Frozen Foods. 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.Chiangmai Frozen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chiangmai Frozen is not an exception. The market had few large corrections towards the Chiangmai Frozen'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 Chiangmai Frozen Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chiangmai Frozen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.21 |
Chiangmai Frozen 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 Chiangmai Frozen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chiangmai Frozen Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chiangmai Frozen is way too risky over 90 days horizon | |
| Chiangmai Frozen appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.06 B. Net Loss for the year was (65.95 M) with profit before overhead, payroll, taxes, and interest of 107.48 M. | |
| Chiangmai Frozen Foods has accumulated about 248.62 M in cash with (59.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65. | |
| Roughly 55.0% of the company shares are held by company insiders |
Chiangmai Frozen 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 Chiangmai Stock often depends not only on the future outlook of the current and potential Chiangmai Frozen'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. Chiangmai Frozen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 381.1 M |
Chiangmai Frozen Technical Analysis
Chiangmai Frozen's future price can be derived by breaking down and analyzing its technical indicators over time. Chiangmai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chiangmai Frozen Foods. In general, you should focus on analyzing Chiangmai Stock price patterns and their correlations with different microeconomic environments and drivers.
Chiangmai Frozen Predictive Forecast Models
Chiangmai Frozen's time-series forecasting models is one of many Chiangmai Frozen'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 Chiangmai Frozen'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 Chiangmai Frozen Foods
Checking the ongoing alerts about Chiangmai Frozen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chiangmai Frozen Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chiangmai Frozen is way too risky over 90 days horizon | |
| Chiangmai Frozen appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.06 B. Net Loss for the year was (65.95 M) with profit before overhead, payroll, taxes, and interest of 107.48 M. | |
| Chiangmai Frozen Foods has accumulated about 248.62 M in cash with (59.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65. | |
| Roughly 55.0% of the company shares are held by company insiders |
Other Information on Investing in Chiangmai Stock
Chiangmai Frozen financial ratios help investors to determine whether Chiangmai 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 Chiangmai with respect to the benefits of owning Chiangmai Frozen security.