Kiatnakin Phatra (Thailand) Probability of Future Stock Price Finishing Under 0.63
| KKP-R Stock | THB 51.50 11.50 18.25% |
Kiatnakin |
Kiatnakin Phatra Target Price Odds to finish below 0.63
The tendency of Kiatnakin 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 0.63 or more in 90 days |
| 51.50 | 90 days | 0.63 | near 1 |
Based on a normal probability distribution, the odds of Kiatnakin Phatra to drop to 0.63 or more in 90 days from now is near 1 (This Kiatnakin Phatra Bank probability density function shows the probability of Kiatnakin Stock to fall within a particular range of prices over 90 days) . Probability of Kiatnakin Phatra Bank price to stay between 0.63 and its current price of 51.5 at the end of the 90-day period is about 10.87 .
Assuming the 90 days trading horizon Kiatnakin Phatra Bank has a beta of -26.78. This indicates as returns on its benchmark rise, returns on holding Kiatnakin Phatra Bank are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kiatnakin Phatra is expected to outperform its benchmark. In addition to that Kiatnakin Phatra Bank has an alpha of 17.2757, implying that it can generate a 17.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kiatnakin Phatra Price Density |
| Price |
Predictive Modules for Kiatnakin Phatra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kiatnakin Phatra Bank. 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.Kiatnakin Phatra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kiatnakin Phatra is not an exception. The market had few large corrections towards the Kiatnakin Phatra'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 Kiatnakin Phatra Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kiatnakin Phatra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 17.28 | |
β | Beta against Dow Jones | -26.78 | |
σ | Overall volatility | 8.21 | |
Ir | Information ratio | 0.11 |
Kiatnakin Phatra 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 Kiatnakin Phatra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kiatnakin Phatra Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kiatnakin Phatra is way too risky over 90 days horizon | |
| Kiatnakin Phatra appears to be risky and price may revert if volatility continues | |
| Kiatnakin Phatra Bank has accumulated about 1.97 B in cash with (57 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.32. |
Kiatnakin Phatra 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 Kiatnakin Stock often depends not only on the future outlook of the current and potential Kiatnakin Phatra'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. Kiatnakin Phatra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 846.8 M |
Kiatnakin Phatra Technical Analysis
Kiatnakin Phatra's future price can be derived by breaking down and analyzing its technical indicators over time. Kiatnakin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kiatnakin Phatra Bank. In general, you should focus on analyzing Kiatnakin Stock price patterns and their correlations with different microeconomic environments and drivers.
Kiatnakin Phatra Predictive Forecast Models
Kiatnakin Phatra's time-series forecasting models is one of many Kiatnakin Phatra'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 Kiatnakin Phatra'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 Kiatnakin Phatra Bank
Checking the ongoing alerts about Kiatnakin Phatra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kiatnakin Phatra Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kiatnakin Phatra is way too risky over 90 days horizon | |
| Kiatnakin Phatra appears to be risky and price may revert if volatility continues | |
| Kiatnakin Phatra Bank has accumulated about 1.97 B in cash with (57 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.32. |
Other Information on Investing in Kiatnakin Stock
Kiatnakin Phatra financial ratios help investors to determine whether Kiatnakin 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 Kiatnakin with respect to the benefits of owning Kiatnakin Phatra security.