MFC Nichada (Thailand) Probability of Future Stock Price Finishing Over 128.38
| MNIT Stock | THB 2.40 0.18 8.11% |
MFC |
MFC Nichada Target Price Odds to finish over 128.38
The tendency of MFC 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 128.38 or more in 90 days |
| 2.40 | 90 days | 128.38 | close to zero percent |
Based on a normal probability distribution, the odds of MFC Nichada to move over 128.38 or more in 90 days from now is close to zero percent (This MFC Nichada Thani Property probability density function shows the probability of MFC Stock to fall within a particular range of prices over 90 days) . Probability of MFC Nichada Thani price to stay between its current price of 2.40 and 128.38 at the end of the 90-day period is about 26.91 .
Assuming the 90 days trading horizon MFC Nichada Thani Property has a beta of -0.051. This indicates as returns on the benchmark increase, returns on holding MFC Nichada are expected to decrease at a much lower rate. During a bear market, however, MFC Nichada Thani Property is likely to outperform the market. Additionally MFC Nichada Thani Property has an alpha of 0.1656, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MFC Nichada Price Density |
| Price |
Predictive Modules for MFC Nichada
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MFC Nichada Thani. 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.MFC Nichada Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MFC Nichada is not an exception. The market had few large corrections towards the MFC Nichada'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 MFC Nichada Thani Property, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MFC Nichada within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.01 |
MFC Nichada 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 MFC Nichada for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MFC Nichada Thani can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MFC Nichada Thani is way too risky over 90 days horizon | |
| MFC Nichada Thani appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MFC Nichada until it has trouble settling it off, either with new capital or with free cash flow. So, MFC Nichada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MFC Nichada Thani sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MFC to invest in growth at high rates of return. When we think about MFC Nichada's use of debt, we should always consider it together with cash and equity. | |
| About 32.0% of the company outstanding shares are owned by corporate insiders |
MFC Nichada 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 MFC Stock often depends not only on the future outlook of the current and potential MFC Nichada'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. MFC Nichada's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 138 M | |
| Dividends Paid | -13.8 M | |
| Forward Annual Dividend Rate | 0.08 | |
| Shares Float | 128.1 M |
MFC Nichada Technical Analysis
MFC Nichada's future price can be derived by breaking down and analyzing its technical indicators over time. MFC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MFC Nichada Thani Property. In general, you should focus on analyzing MFC Stock price patterns and their correlations with different microeconomic environments and drivers.
MFC Nichada Predictive Forecast Models
MFC Nichada's time-series forecasting models is one of many MFC Nichada'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 MFC Nichada'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 MFC Nichada Thani
Checking the ongoing alerts about MFC Nichada for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MFC Nichada Thani help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MFC Nichada Thani is way too risky over 90 days horizon | |
| MFC Nichada Thani appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MFC Nichada until it has trouble settling it off, either with new capital or with free cash flow. So, MFC Nichada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MFC Nichada Thani sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MFC to invest in growth at high rates of return. When we think about MFC Nichada's use of debt, we should always consider it together with cash and equity. | |
| About 32.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in MFC Stock
MFC Nichada financial ratios help investors to determine whether MFC 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 MFC with respect to the benefits of owning MFC Nichada security.