SCI Electric (Thailand) Probability of Future Stock Price Finishing Under 0.76
| SCI Stock | THB 0.79 0.01 1.25% |
SCI |
SCI Electric Target Price Odds to finish below 0.76
The tendency of SCI 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 0.76 or more in 90 days |
| 0.79 | 90 days | 0.76 | about 17.73 |
Based on a normal probability distribution, the odds of SCI Electric to drop to 0.76 or more in 90 days from now is about 17.73 (This SCI Electric Public probability density function shows the probability of SCI Stock to fall within a particular range of prices over 90 days) . Probability of SCI Electric Public price to stay between 0.76 and its current price of 0.79 at the end of the 90-day period is about 6.64 .
Assuming the 90 days trading horizon SCI Electric has a beta of 0.19. This usually implies as returns on the market go up, SCI Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SCI Electric Public will be expected to be much smaller as well. Additionally SCI Electric Public 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. SCI Electric Price Density |
| Price |
Predictive Modules for SCI Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCI Electric 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.SCI Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCI Electric is not an exception. The market had few large corrections towards the SCI Electric'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 SCI Electric Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCI Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.11 |
SCI Electric 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 SCI Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCI Electric 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.| SCI Electric Public is way too risky over 90 days horizon | |
| SCI Electric Public has some characteristics of a very speculative penny stock | |
| SCI Electric Public appears to be risky and price may revert if volatility continues | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
SCI Electric 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 SCI Stock often depends not only on the future outlook of the current and potential SCI Electric'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. SCI Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 750 M |
SCI Electric Technical Analysis
SCI Electric's future price can be derived by breaking down and analyzing its technical indicators over time. SCI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCI Electric Public. In general, you should focus on analyzing SCI Stock price patterns and their correlations with different microeconomic environments and drivers.
SCI Electric Predictive Forecast Models
SCI Electric's time-series forecasting models is one of many SCI Electric'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 SCI Electric'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 SCI Electric Public
Checking the ongoing alerts about SCI Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCI Electric Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SCI Electric Public is way too risky over 90 days horizon | |
| SCI Electric Public has some characteristics of a very speculative penny stock | |
| SCI Electric Public appears to be risky and price may revert if volatility continues | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SCI Stock
SCI Electric financial ratios help investors to determine whether SCI 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 SCI with respect to the benefits of owning SCI Electric security.