KT Medical (Thailand) Probability of Future Stock Price Finishing Under 0.02
| KTMS Stock | 2.18 0.02 0.91% |
KTMS |
KT Medical Target Price Odds to finish below 0.02
The tendency of KTMS 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 0.02 or more in 90 days |
| 2.18 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of KT Medical to drop to 0.02 or more in 90 days from now is near 1 (This KT Medical Service probability density function shows the probability of KTMS Stock to fall within a particular range of prices over 90 days) . Probability of KT Medical Service price to stay between 0.02 and its current price of 2.18 at the end of the 90-day period is about 1.77 .
Assuming the 90 days trading horizon KT Medical Service has a beta of -0.36. This indicates as returns on the benchmark increase, returns on holding KT Medical are expected to decrease at a much lower rate. During a bear market, however, KT Medical Service is likely to outperform the market. Additionally KT Medical Service 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. KT Medical Price Density |
| Price |
Predictive Modules for KT Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KT Medical Service. 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.KT Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KT Medical is not an exception. The market had few large corrections towards the KT Medical'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 KT Medical Service, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KT Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.08 |
KT Medical 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 KT Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KT Medical Service can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KT Medical Service generated a negative expected return over the last 90 days | |
| About 77.0% of the company outstanding shares are owned by corporate insiders |
KT Medical Technical Analysis
KT Medical's future price can be derived by breaking down and analyzing its technical indicators over time. KTMS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KT Medical Service. In general, you should focus on analyzing KTMS Stock price patterns and their correlations with different microeconomic environments and drivers.
KT Medical Predictive Forecast Models
KT Medical's time-series forecasting models is one of many KT Medical'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 KT Medical'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 KT Medical Service
Checking the ongoing alerts about KT Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KT Medical Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KT Medical Service generated a negative expected return over the last 90 days | |
| About 77.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in KTMS Stock
KT Medical financial ratios help investors to determine whether KTMS 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 KTMS with respect to the benefits of owning KT Medical security.