Sikarin Public (Thailand) Probability of Future Stock Price Finishing Over 13.46
| SKR Stock | THB 9.35 0.05 0.53% |
Sikarin |
Sikarin Public Target Price Odds to finish over 13.46
The tendency of Sikarin 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 13.46 or more in 90 days |
| 9.35 | 90 days | 13.46 | close to zero percent |
Based on a normal probability distribution, the odds of Sikarin Public to move over 13.46 or more in 90 days from now is close to zero percent (This Sikarin Public probability density function shows the probability of Sikarin Stock to fall within a particular range of prices over 90 days) . Probability of Sikarin Public price to stay between its current price of 9.35 and 13.46 at the end of the 90-day period is about 27.43 .
Assuming the 90 days trading horizon Sikarin Public has a beta of 0.023. This usually implies as returns on the market go up, Sikarin Public average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sikarin Public will be expected to be much smaller as well. Additionally Sikarin 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. Sikarin Public Price Density |
| Price |
Predictive Modules for Sikarin Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sikarin 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.Sikarin Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sikarin Public is not an exception. The market had few large corrections towards the Sikarin Public'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 Sikarin Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sikarin Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.17 |
Sikarin Public 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 Sikarin Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sikarin 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.| Sikarin Public generated a negative expected return over the last 90 days | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Sikarin Public 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 Sikarin Stock often depends not only on the future outlook of the current and potential Sikarin Public'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. Sikarin Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B |
Sikarin Public Technical Analysis
Sikarin Public's future price can be derived by breaking down and analyzing its technical indicators over time. Sikarin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sikarin Public. In general, you should focus on analyzing Sikarin Stock price patterns and their correlations with different microeconomic environments and drivers.
Sikarin Public Predictive Forecast Models
Sikarin Public's time-series forecasting models is one of many Sikarin Public'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 Sikarin Public'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 Sikarin Public
Checking the ongoing alerts about Sikarin Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sikarin Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sikarin Public generated a negative expected return over the last 90 days | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sikarin Stock
Sikarin Public financial ratios help investors to determine whether Sikarin 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 Sikarin with respect to the benefits of owning Sikarin Public security.