MFEC PCL (Thailand) Odds of Future Stock Price Finishing Over 389.57
| MFEC Stock | THB 6.15 0.15 2.50% |
MFEC |
MFEC PCL Target Price Odds to finish over 389.57
The tendency of MFEC 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 389.57 or more in 90 days |
| 6.15 | 90 days | 389.57 | close to zero percent |
Based on a normal probability distribution, the odds of MFEC PCL to move over 389.57 or more in 90 days from now is close to zero percent (This MFEC PCL probability density function shows the probability of MFEC Stock to fall within a particular range of prices over 90 days) . Probability of MFEC PCL price to stay between its current price of 6.15 and 389.57 at the end of the 90-day period is about 33.88 .
Assuming the 90 days trading horizon MFEC PCL has a beta of -0.16. This indicates as returns on the benchmark increase, returns on holding MFEC PCL are expected to decrease at a much lower rate. During a bear market, however, MFEC PCL is likely to outperform the market. Additionally MFEC PCL has an alpha of 0.1901, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MFEC PCL Price Density |
| Price |
Predictive Modules for MFEC PCL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MFEC 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.MFEC PCL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MFEC PCL is not an exception. The market had few large corrections towards the MFEC PCL'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 MFEC PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MFEC PCL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | 0.04 |
MFEC PCL 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 MFEC PCL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MFEC 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.| MFEC PCL is way too risky over 90 days horizon | |
| MFEC PCL appears to be risky and price may revert if volatility continues | |
| MFEC PCL has accumulated about 225.34 M in cash with (133.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders |
MFEC PCL 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 MFEC Stock often depends not only on the future outlook of the current and potential MFEC PCL'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. MFEC PCL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 441.5 M |
MFEC PCL Technical Analysis
MFEC PCL's future price can be derived by breaking down and analyzing its technical indicators over time. MFEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MFEC PCL. In general, you should focus on analyzing MFEC Stock price patterns and their correlations with different microeconomic environments and drivers.
MFEC PCL Predictive Forecast Models
MFEC PCL's time-series forecasting models is one of many MFEC PCL'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 MFEC PCL'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 MFEC PCL
Checking the ongoing alerts about MFEC PCL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MFEC PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MFEC PCL is way too risky over 90 days horizon | |
| MFEC PCL appears to be risky and price may revert if volatility continues | |
| MFEC PCL has accumulated about 225.34 M in cash with (133.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in MFEC Stock
MFEC PCL financial ratios help investors to determine whether MFEC 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 MFEC with respect to the benefits of owning MFEC PCL security.