Kang Yong (Thailand) Probability of Future Stock Price Finishing Over 290.0
| KYE Stock | THB 289.00 1.00 0.34% |
Kang |
Kang Yong Target Price Odds to finish over 290.0
The tendency of Kang 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 290.00 or more in 90 days |
| 289.00 | 90 days | 290.00 | about 45.12 |
Based on a normal probability distribution, the odds of Kang Yong to move over 290.00 or more in 90 days from now is about 45.12 (This Kang Yong Electric probability density function shows the probability of Kang Stock to fall within a particular range of prices over 90 days) . Probability of Kang Yong Electric price to stay between its current price of 289.00 and 290.00 at the end of the 90-day period is about 1.11 .
Assuming the 90 days trading horizon Kang Yong Electric has a beta of -0.0699. This indicates as returns on the benchmark increase, returns on holding Kang Yong are expected to decrease at a much lower rate. During a bear market, however, Kang Yong Electric is likely to outperform the market. Additionally Kang Yong Electric 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. Kang Yong Price Density |
| Price |
Predictive Modules for Kang Yong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kang Yong Electric. 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.Kang Yong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kang Yong is not an exception. The market had few large corrections towards the Kang Yong'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 Kang Yong Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kang Yong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0055 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 35.75 | |
Ir | Information ratio | -0.26 |
Kang Yong 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 Kang Yong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kang Yong Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kang Yong Electric is way too risky over 90 days horizon | |
| Kang Yong Electric appears to be risky and price may revert if volatility continues | |
| Kang Yong Electric has accumulated about 2.98 B in cash with (218.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 150.59. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders |
Kang Yong 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 Kang Stock often depends not only on the future outlook of the current and potential Kang Yong'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. Kang Yong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.8 M |
Kang Yong Technical Analysis
Kang Yong's future price can be derived by breaking down and analyzing its technical indicators over time. Kang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kang Yong Electric. In general, you should focus on analyzing Kang Stock price patterns and their correlations with different microeconomic environments and drivers.
Kang Yong Predictive Forecast Models
Kang Yong's time-series forecasting models is one of many Kang Yong'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 Kang Yong'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 Kang Yong Electric
Checking the ongoing alerts about Kang Yong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kang Yong Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kang Yong Electric is way too risky over 90 days horizon | |
| Kang Yong Electric appears to be risky and price may revert if volatility continues | |
| Kang Yong Electric has accumulated about 2.98 B in cash with (218.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 150.59. | |
| Roughly 76.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kang Stock
Kang Yong financial ratios help investors to determine whether Kang 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 Kang with respect to the benefits of owning Kang Yong security.