Krung Thai Bank Probability of Future Pink Sheet Price Finishing Over 0.61
| KTHAFDelisted Stock | USD 0.55 0.00 0.00% |
Krung |
Krung Thai Target Price Odds to finish over 0.61
The tendency of Krung Pink Sheet 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 $ 0.61 or more in 90 days |
| 0.55 | 90 days | 0.61 | near 1 |
Based on a normal probability distribution, the odds of Krung Thai to move over $ 0.61 or more in 90 days from now is near 1 (This Krung Thai Bank probability density function shows the probability of Krung Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Krung Thai Bank price to stay between its current price of $ 0.55 and $ 0.61 at the end of the 90-day period is about 8.29 .
Assuming the 90 days horizon Krung Thai has a beta of 0.31. This indicates as returns on the market go up, Krung Thai average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Krung Thai Bank will be expected to be much smaller as well. Additionally Krung Thai Bank has an alpha of 0.6533, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Krung Thai Price Density |
| Price |
Predictive Modules for Krung Thai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Krung Thai Bank. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Krung Thai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Krung Thai is not an exception. The market had few large corrections towards the Krung Thai'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 Krung Thai Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Krung Thai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.07 |
Krung Thai 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 Krung Thai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Krung Thai 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.| Krung Thai Bank is not yet fully synchronised with the market data | |
| Krung Thai Bank has some characteristics of a very speculative penny stock | |
| Krung Thai Bank has a very high chance of going through financial distress in the upcoming years | |
| Krung Thai Bank has accumulated about 144.42 B in cash with (165.25 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Krung Thai 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 Krung Pink Sheet often depends not only on the future outlook of the current and potential Krung Thai'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. Krung Thai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14 B |
Krung Thai Technical Analysis
Krung Thai's future price can be derived by breaking down and analyzing its technical indicators over time. Krung Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Krung Thai Bank. In general, you should focus on analyzing Krung Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Krung Thai Predictive Forecast Models
Krung Thai's time-series forecasting models is one of many Krung Thai's pink sheet 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 Krung Thai'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Krung Thai Bank
Checking the ongoing alerts about Krung Thai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Krung Thai Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Krung Thai Bank is not yet fully synchronised with the market data | |
| Krung Thai Bank has some characteristics of a very speculative penny stock | |
| Krung Thai Bank has a very high chance of going through financial distress in the upcoming years | |
| Krung Thai Bank has accumulated about 144.42 B in cash with (165.25 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Krung Pink Sheet
If you are still planning to invest in Krung Thai Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Krung Thai's history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |