East Coast (Thailand) Probability of Future Stock Price Finishing Over 0.41
| ECF Stock | THB 0.41 0.01 2.38% |
East |
East Coast Target Price Odds to finish over 0.41
The tendency of East 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 |
| 0.41 | 90 days | 0.41 | about 85.99 |
Based on a normal probability distribution, the odds of East Coast to move above the current price in 90 days from now is about 85.99 (This East Coast Furnitech probability density function shows the probability of East Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon East Coast Furnitech has a beta of -0.0089 suggesting as returns on the benchmark increase, returns on holding East Coast are expected to decrease at a much lower rate. During a bear market, however, East Coast Furnitech is likely to outperform the market. Additionally East Coast Furnitech 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. East Coast Price Density |
| Price |
Predictive Modules for East Coast
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as East Coast Furnitech. 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.East Coast Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. East Coast is not an exception. The market had few large corrections towards the East Coast'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 East Coast Furnitech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of East Coast within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.0089 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.06 |
East Coast 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 East Coast for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for East Coast Furnitech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| East Coast Furnitech is way too risky over 90 days horizon | |
| East Coast Furnitech has some characteristics of a very speculative penny stock | |
| East Coast Furnitech appears to be risky and price may revert if volatility continues | |
| East Coast Furnitech has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 55.0% of the company shares are held by company insiders |
East Coast 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 East Stock often depends not only on the future outlook of the current and potential East Coast'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. East Coast's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 959.5 M |
East Coast Technical Analysis
East Coast's future price can be derived by breaking down and analyzing its technical indicators over time. East Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of East Coast Furnitech. In general, you should focus on analyzing East Stock price patterns and their correlations with different microeconomic environments and drivers.
East Coast Predictive Forecast Models
East Coast's time-series forecasting models is one of many East Coast'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 East Coast'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 East Coast Furnitech
Checking the ongoing alerts about East Coast for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for East Coast Furnitech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| East Coast Furnitech is way too risky over 90 days horizon | |
| East Coast Furnitech has some characteristics of a very speculative penny stock | |
| East Coast Furnitech appears to be risky and price may revert if volatility continues | |
| East Coast Furnitech has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 55.0% of the company shares are held by company insiders |
Other Information on Investing in East Stock
East Coast financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East Coast security.