Salee Colour (Thailand) Probability of Future Stock Price Finishing Over 1.14
| COLOR Stock | THB 1.09 0.01 0.93% |
Salee |
Salee Colour Target Price Odds to finish over 1.14
The tendency of Salee 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 1.14 or more in 90 days |
| 1.09 | 90 days | 1.14 | about 50.0 |
Based on a normal probability distribution, the odds of Salee Colour to move over 1.14 or more in 90 days from now is about 50.0 (This Salee Colour Public probability density function shows the probability of Salee Stock to fall within a particular range of prices over 90 days) . Probability of Salee Colour Public price to stay between its current price of 1.09 and 1.14 at the end of the 90-day period is about 9.41 .
Assuming the 90 days trading horizon Salee Colour Public has a beta of -0.24 suggesting as returns on the benchmark increase, returns on holding Salee Colour are expected to decrease at a much lower rate. During a bear market, however, Salee Colour Public is likely to outperform the market. Additionally Salee Colour 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. Salee Colour Price Density |
| Price |
Predictive Modules for Salee Colour
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Salee Colour Public. 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.Salee Colour Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Salee Colour is not an exception. The market had few large corrections towards the Salee Colour'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 Salee Colour Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Salee Colour within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.09 |
Salee Colour 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 Salee Colour for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Salee Colour 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.| Salee Colour Public is way too risky over 90 days horizon | |
| Salee Colour Public has some characteristics of a very speculative penny stock | |
| Salee Colour Public appears to be risky and price may revert if volatility continues | |
| About 60.0% of the company shares are held by company insiders |
Salee Colour 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 Salee Stock often depends not only on the future outlook of the current and potential Salee Colour'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. Salee Colour's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 589 M |
Salee Colour Technical Analysis
Salee Colour's future price can be derived by breaking down and analyzing its technical indicators over time. Salee Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Salee Colour Public. In general, you should focus on analyzing Salee Stock price patterns and their correlations with different microeconomic environments and drivers.
Salee Colour Predictive Forecast Models
Salee Colour's time-series forecasting models is one of many Salee Colour'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 Salee Colour'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 Salee Colour Public
Checking the ongoing alerts about Salee Colour for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Salee Colour Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Salee Colour Public is way too risky over 90 days horizon | |
| Salee Colour Public has some characteristics of a very speculative penny stock | |
| Salee Colour Public appears to be risky and price may revert if volatility continues | |
| About 60.0% of the company shares are held by company insiders |
Other Information on Investing in Salee Stock
Salee Colour financial ratios help investors to determine whether Salee 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 Salee with respect to the benefits of owning Salee Colour security.