President Automobile (Thailand) Probability of Future Stock Price Finishing Under 1.43
| PACO Stock | THB 1.40 0.01 0.72% |
President |
President Automobile Target Price Odds to finish below 1.43
The tendency of President 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 stay under 1.43 after 90 days |
| 1.40 | 90 days | 1.43 | about 20.11 |
Based on a normal probability distribution, the odds of President Automobile to stay under 1.43 after 90 days from now is about 20.11 (This President Automobile Industries probability density function shows the probability of President Stock to fall within a particular range of prices over 90 days) . Probability of President Automobile price to stay between its current price of 1.40 and 1.43 at the end of the 90-day period is about 8.54 .
Assuming the 90 days trading horizon President Automobile has a beta of 0.0435 indicating as returns on the market go up, President Automobile average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding President Automobile Industries will be expected to be much smaller as well. Additionally President Automobile Industries 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. President Automobile Price Density |
| Price |
Predictive Modules for President Automobile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as President Automobile. 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.President Automobile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. President Automobile is not an exception. The market had few large corrections towards the President Automobile'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 President Automobile Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of President Automobile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.2 |
President Automobile 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 President Automobile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for President Automobile can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| President Automobile generated a negative expected return over the last 90 days | |
| President Automobile may become a speculative penny stock | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
President Automobile 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 President Stock often depends not only on the future outlook of the current and potential President Automobile'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. President Automobile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1000 M |
President Automobile Technical Analysis
President Automobile's future price can be derived by breaking down and analyzing its technical indicators over time. President Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of President Automobile Industries. In general, you should focus on analyzing President Stock price patterns and their correlations with different microeconomic environments and drivers.
President Automobile Predictive Forecast Models
President Automobile's time-series forecasting models is one of many President Automobile'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 President Automobile'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 President Automobile
Checking the ongoing alerts about President Automobile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for President Automobile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| President Automobile generated a negative expected return over the last 90 days | |
| President Automobile may become a speculative penny stock | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in President Stock
President Automobile financial ratios help investors to determine whether President 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 President with respect to the benefits of owning President Automobile security.