PCS Machine (Thailand) Probability of Future Stock Price Finishing Over 4.31
| PCSGH Stock | THB 4.32 0.04 0.93% |
PCS |
PCS Machine Target Price Odds to finish over 4.31
The tendency of PCS 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 above 4.31 in 90 days |
| 4.32 | 90 days | 4.31 | about 55.68 |
Based on a normal probability distribution, the odds of PCS Machine to stay above 4.31 in 90 days from now is about 55.68 (This PCS Machine Group probability density function shows the probability of PCS Stock to fall within a particular range of prices over 90 days) . Probability of PCS Machine Group price to stay between 4.31 and its current price of 4.32 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon PCS Machine has a beta of 0.0249 indicating as returns on the market go up, PCS Machine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PCS Machine Group will be expected to be much smaller as well. Additionally PCS Machine Group 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. PCS Machine Price Density |
| Price |
Predictive Modules for PCS Machine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PCS Machine Group. 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.PCS Machine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PCS Machine is not an exception. The market had few large corrections towards the PCS Machine'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 PCS Machine Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PCS Machine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.21 |
PCS Machine 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 PCS Machine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PCS Machine Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PCS Machine Group is way too risky over 90 days horizon | |
| PCS Machine Group appears to be risky and price may revert if volatility continues | |
| About 86.0% of the company outstanding shares are owned by corporate insiders |
PCS Machine 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 PCS Stock often depends not only on the future outlook of the current and potential PCS Machine'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. PCS Machine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
PCS Machine Technical Analysis
PCS Machine's future price can be derived by breaking down and analyzing its technical indicators over time. PCS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PCS Machine Group. In general, you should focus on analyzing PCS Stock price patterns and their correlations with different microeconomic environments and drivers.
PCS Machine Predictive Forecast Models
PCS Machine's time-series forecasting models is one of many PCS Machine'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 PCS Machine'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 PCS Machine Group
Checking the ongoing alerts about PCS Machine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PCS Machine Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PCS Machine Group is way too risky over 90 days horizon | |
| PCS Machine Group appears to be risky and price may revert if volatility continues | |
| About 86.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in PCS Stock
PCS Machine financial ratios help investors to determine whether PCS 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 PCS with respect to the benefits of owning PCS Machine security.