Indara Insurance (Thailand) Probability of Future Stock Price Finishing Over 211.24
| INSURE Stock | THB 79.00 3.00 3.66% |
Indara |
Indara Insurance Target Price Odds to finish over 211.24
The tendency of Indara 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 211.24 or more in 90 days |
| 79.00 | 90 days | 211.24 | close to zero percent |
Based on a normal probability distribution, the odds of Indara Insurance to move over 211.24 or more in 90 days from now is close to zero percent (This Indara Insurance Public probability density function shows the probability of Indara Stock to fall within a particular range of prices over 90 days) . Probability of Indara Insurance Public price to stay between its current price of 79.00 and 211.24 at the end of the 90-day period is about 69.22 .
Assuming the 90 days trading horizon Indara Insurance has a beta of 0.0943. This usually indicates as returns on the market go up, Indara Insurance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Indara Insurance Public will be expected to be much smaller as well. Additionally Indara Insurance 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. Indara Insurance Price Density |
| Price |
Predictive Modules for Indara Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indara Insurance 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.Indara Insurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indara Insurance is not an exception. The market had few large corrections towards the Indara Insurance'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 Indara Insurance Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indara Insurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 11.39 | |
Ir | Information ratio | -0.06 |
Indara Insurance 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 Indara Insurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indara Insurance 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.| Indara Insurance is way too risky over 90 days horizon | |
| Indara Insurance appears to be risky and price may revert if volatility continues | |
| About 89.0% of the company shares are held by company insiders |
Indara Insurance 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 Indara Stock often depends not only on the future outlook of the current and potential Indara Insurance'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. Indara Insurance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10 M |
Indara Insurance Technical Analysis
Indara Insurance's future price can be derived by breaking down and analyzing its technical indicators over time. Indara Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indara Insurance Public. In general, you should focus on analyzing Indara Stock price patterns and their correlations with different microeconomic environments and drivers.
Indara Insurance Predictive Forecast Models
Indara Insurance's time-series forecasting models is one of many Indara Insurance'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 Indara Insurance'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 Indara Insurance Public
Checking the ongoing alerts about Indara Insurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indara Insurance Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indara Insurance is way too risky over 90 days horizon | |
| Indara Insurance appears to be risky and price may revert if volatility continues | |
| About 89.0% of the company shares are held by company insiders |
Other Information on Investing in Indara Stock
Indara Insurance financial ratios help investors to determine whether Indara 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 Indara with respect to the benefits of owning Indara Insurance security.