Ichitan Group (Thailand) Probability of Future Stock Price Finishing Under 14.4
| ICHI-R Stock | THB 14.40 0.54 3.90% |
Ichitan |
Ichitan Group Target Price Odds to finish below 14.4
The tendency of Ichitan 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 below current price in 90 days |
| 14.40 | 90 days | 14.40 | about 66.84 |
Based on a normal probability distribution, the odds of Ichitan Group to move below current price in 90 days from now is about 66.84 (This Ichitan Group Public probability density function shows the probability of Ichitan Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Ichitan Group Public has a beta of -0.0695. This usually indicates as returns on the benchmark increase, returns on holding Ichitan Group are expected to decrease at a much lower rate. During a bear market, however, Ichitan Group Public is likely to outperform the market. Additionally Ichitan Group Public has an alpha of 0.056, implying that it can generate a 0.056 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ichitan Group Price Density |
| Price |
Predictive Modules for Ichitan Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ichitan Group 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.Ichitan Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ichitan Group is not an exception. The market had few large corrections towards the Ichitan Group'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 Ichitan Group Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ichitan Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | -0.0062 |
Ichitan Group 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 Ichitan Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ichitan Group 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.| Ichitan Group Public is way too risky over 90 days horizon | |
| Ichitan Group Public appears to be risky and price may revert if volatility continues |
Ichitan Group Technical Analysis
Ichitan Group's future price can be derived by breaking down and analyzing its technical indicators over time. Ichitan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ichitan Group Public. In general, you should focus on analyzing Ichitan Stock price patterns and their correlations with different microeconomic environments and drivers.
Ichitan Group Predictive Forecast Models
Ichitan Group's time-series forecasting models is one of many Ichitan Group'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 Ichitan Group'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 Ichitan Group Public
Checking the ongoing alerts about Ichitan Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ichitan Group Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ichitan Group Public is way too risky over 90 days horizon | |
| Ichitan Group Public appears to be risky and price may revert if volatility continues |
Other Information on Investing in Ichitan Stock
Ichitan Group financial ratios help investors to determine whether Ichitan 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 Ichitan with respect to the benefits of owning Ichitan Group security.