Itthirit Nice (Thailand) Probability of Future Stock Price Finishing Over 3.69
| ITTHI Stock | 1.72 0.01 0.58% |
Itthirit |
Itthirit Nice Target Price Odds to finish over 3.69
The tendency of Itthirit 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 3.69 or more in 90 days |
| 1.72 | 90 days | 3.69 | near 1 |
Based on a normal probability distribution, the odds of Itthirit Nice to move over 3.69 or more in 90 days from now is near 1 (This Itthirit Nice Corp probability density function shows the probability of Itthirit Stock to fall within a particular range of prices over 90 days) . Probability of Itthirit Nice Corp price to stay between its current price of 1.72 and 3.69 at the end of the 90-day period is about 89.93 .
Assuming the 90 days trading horizon Itthirit Nice has a beta of 0.2. This usually indicates as returns on the market go up, Itthirit Nice average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Itthirit Nice Corp will be expected to be much smaller as well. Additionally Itthirit Nice Corp 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. Itthirit Nice Price Density |
| Price |
Predictive Modules for Itthirit Nice
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Itthirit Nice Corp. 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.Itthirit Nice Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Itthirit Nice is not an exception. The market had few large corrections towards the Itthirit Nice'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 Itthirit Nice Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Itthirit Nice within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.24 |
Itthirit Nice 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 Itthirit Nice for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Itthirit Nice Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Itthirit Nice Corp generated a negative expected return over the last 90 days | |
| Itthirit Nice Corp may become a speculative penny stock |
Itthirit Nice Technical Analysis
Itthirit Nice's future price can be derived by breaking down and analyzing its technical indicators over time. Itthirit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Itthirit Nice Corp. In general, you should focus on analyzing Itthirit Stock price patterns and their correlations with different microeconomic environments and drivers.
Itthirit Nice Predictive Forecast Models
Itthirit Nice's time-series forecasting models is one of many Itthirit Nice'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 Itthirit Nice'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 Itthirit Nice Corp
Checking the ongoing alerts about Itthirit Nice for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Itthirit Nice Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Itthirit Nice Corp generated a negative expected return over the last 90 days | |
| Itthirit Nice Corp may become a speculative penny stock |