Indorama Ventures (Thailand) Probability of Future Stock Price Finishing Under 24.54
| IVL Stock | THB 25.75 0.25 0.98% |
Indorama |
Indorama Ventures Target Price Odds to finish below 24.54
The tendency of Indorama 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 drop to 24.54 or more in 90 days |
| 25.75 | 90 days | 24.54 | about 65.14 |
Based on a normal probability distribution, the odds of Indorama Ventures to drop to 24.54 or more in 90 days from now is about 65.14 (This Indorama Ventures PCL probability density function shows the probability of Indorama Stock to fall within a particular range of prices over 90 days) . Probability of Indorama Ventures PCL price to stay between 24.54 and its current price of 25.75 at the end of the 90-day period is about 14.94 .
Assuming the 90 days trading horizon Indorama Ventures PCL has a beta of -0.2. This usually indicates as returns on the benchmark increase, returns on holding Indorama Ventures are expected to decrease at a much lower rate. During a bear market, however, Indorama Ventures PCL is likely to outperform the market. Additionally Indorama Ventures PCL has an alpha of 0.566, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Indorama Ventures Price Density |
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Predictive Modules for Indorama Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indorama Ventures PCL. 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.Indorama Ventures Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indorama Ventures is not an exception. The market had few large corrections towards the Indorama Ventures' 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 Indorama Ventures PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indorama Ventures within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 2.65 | |
Ir | Information ratio | 0.15 |
Indorama Ventures 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 Indorama Ventures for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indorama Ventures PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Indorama Ventures has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company shares are held by company insiders |
Indorama Ventures 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 Indorama Stock often depends not only on the future outlook of the current and potential Indorama Ventures' 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. Indorama Ventures' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.6 B |
Indorama Ventures Technical Analysis
Indorama Ventures' future price can be derived by breaking down and analyzing its technical indicators over time. Indorama Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indorama Ventures PCL. In general, you should focus on analyzing Indorama Stock price patterns and their correlations with different microeconomic environments and drivers.
Indorama Ventures Predictive Forecast Models
Indorama Ventures' time-series forecasting models is one of many Indorama Ventures' 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 Indorama Ventures' 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 Indorama Ventures PCL
Checking the ongoing alerts about Indorama Ventures for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indorama Ventures PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indorama Ventures has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company shares are held by company insiders |
Other Information on Investing in Indorama Stock
Indorama Ventures financial ratios help investors to determine whether Indorama 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 Indorama with respect to the benefits of owning Indorama Ventures security.