Modernform Group (Thailand) Probability of Future Stock Price Finishing Under 2.56
| MODERN Stock | THB 2.58 0.02 0.78% |
Modernform |
Modernform Group Target Price Odds to finish below 2.56
The tendency of Modernform 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 2.56 or more in 90 days |
| 2.58 | 90 days | 2.56 | about 47.46 |
Based on a normal probability distribution, the odds of Modernform Group to drop to 2.56 or more in 90 days from now is about 47.46 (This Modernform Group Public probability density function shows the probability of Modernform Stock to fall within a particular range of prices over 90 days) . Probability of Modernform Group Public price to stay between 2.56 and its current price of 2.58 at the end of the 90-day period is roughly 2.42 .
Assuming the 90 days trading horizon Modernform Group Public has a beta of -0.0761. This indicates as returns on the benchmark increase, returns on holding Modernform Group are expected to decrease at a much lower rate. During a bear market, however, Modernform Group Public is likely to outperform the market. Additionally Modernform Group Public has an alpha of 0.0317, implying that it can generate a 0.0317 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Modernform Group Price Density |
| Price |
Predictive Modules for Modernform Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Modernform Group Public. 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.Modernform Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Modernform Group is not an exception. The market had few large corrections towards the Modernform Group'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 Modernform Group Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Modernform Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | -0.08 |
Modernform Group 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 Modernform Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Modernform Group Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Modernform Group is way too risky over 90 days horizon | |
| Modernform Group appears to be risky and price may revert if volatility continues | |
| About 36.0% of the company outstanding shares are owned by corporate insiders |
Modernform Group 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 Modernform Stock often depends not only on the future outlook of the current and potential Modernform Group'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. Modernform Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 750 M |
Modernform Group Technical Analysis
Modernform Group's future price can be derived by breaking down and analyzing its technical indicators over time. Modernform Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Modernform Group Public. In general, you should focus on analyzing Modernform Stock price patterns and their correlations with different microeconomic environments and drivers.
Modernform Group Predictive Forecast Models
Modernform Group's time-series forecasting models is one of many Modernform Group'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 Modernform Group'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 Modernform Group Public
Checking the ongoing alerts about Modernform Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Modernform Group Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Modernform Group is way too risky over 90 days horizon | |
| Modernform Group appears to be risky and price may revert if volatility continues | |
| About 36.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Modernform Stock
Modernform Group financial ratios help investors to determine whether Modernform 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 Modernform with respect to the benefits of owning Modernform Group security.