ICC International (Thailand) Probability of Future Stock Price Finishing Over 35.2
| ICC Stock | THB 32.00 0.25 0.79% |
ICC |
ICC International Target Price Odds to finish over 35.2
The tendency of ICC 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 35.20 or more in 90 days |
| 32.00 | 90 days | 35.20 | about 23.98 |
Based on a normal probability distribution, the odds of ICC International to move over 35.20 or more in 90 days from now is about 23.98 (This ICC International Public probability density function shows the probability of ICC Stock to fall within a particular range of prices over 90 days) . Probability of ICC International Public price to stay between its current price of 32.00 and 35.20 at the end of the 90-day period is about 28.72 .
Assuming the 90 days trading horizon ICC International Public has a beta of -0.12. This usually indicates as returns on the benchmark increase, returns on holding ICC International are expected to decrease at a much lower rate. During a bear market, however, ICC International Public is likely to outperform the market. Additionally ICC International 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. ICC International Price Density |
| Price |
Predictive Modules for ICC International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ICC International 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.ICC International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ICC International is not an exception. The market had few large corrections towards the ICC International'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 ICC International Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICC International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0029 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 4.13 | |
Ir | Information ratio | -0.08 |
ICC International 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 ICC International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICC International 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.| ICC International is way too risky over 90 days horizon | |
| ICC International appears to be risky and price may revert if volatility continues | |
| About 72.0% of the company shares are held by company insiders |
ICC International 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 ICC Stock often depends not only on the future outlook of the current and potential ICC International'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. ICC International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 291 M | |
| Short Long Term Debt | 39.2 M |
ICC International Technical Analysis
ICC International's future price can be derived by breaking down and analyzing its technical indicators over time. ICC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICC International Public. In general, you should focus on analyzing ICC Stock price patterns and their correlations with different microeconomic environments and drivers.
ICC International Predictive Forecast Models
ICC International's time-series forecasting models is one of many ICC International'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 ICC International'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 ICC International Public
Checking the ongoing alerts about ICC International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICC International Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ICC International is way too risky over 90 days horizon | |
| ICC International appears to be risky and price may revert if volatility continues | |
| About 72.0% of the company shares are held by company insiders |
Other Information on Investing in ICC Stock
ICC International financial ratios help investors to determine whether ICC 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 ICC with respect to the benefits of owning ICC International security.