Turnkey Communication (Thailand) Probability of Future Stock Price Finishing Under 11.3
| TKC Stock | 11.30 0.10 0.88% |
Turnkey |
Turnkey Communication Target Price Odds to finish below 11.3
The tendency of Turnkey 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 below current price in 90 days |
| 11.30 | 90 days | 11.30 | under 4 |
Based on a normal probability distribution, the odds of Turnkey Communication to move below current price in 90 days from now is under 4 (This Turnkey Communication Services probability density function shows the probability of Turnkey Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Turnkey Communication Services has a beta of -0.73. This usually implies as returns on the benchmark increase, returns on holding Turnkey Communication are expected to decrease at a much lower rate. During a bear market, however, Turnkey Communication Services is likely to outperform the market. Additionally Turnkey Communication Services has an alpha of 0.2287, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Turnkey Communication Price Density |
| Price |
Predictive Modules for Turnkey Communication
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Turnkey Communication. 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.Turnkey Communication Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Turnkey Communication is not an exception. The market had few large corrections towards the Turnkey Communication'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 Turnkey Communication Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Turnkey Communication within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | 0.01 |
Turnkey Communication 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 Turnkey Communication for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Turnkey Communication can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Turnkey Communication generated a negative expected return over the last 90 days | |
| Turnkey Communication has high historical volatility and very poor performance | |
| About 74.0% of the company outstanding shares are owned by corporate insiders |
Turnkey Communication Technical Analysis
Turnkey Communication's future price can be derived by breaking down and analyzing its technical indicators over time. Turnkey Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Turnkey Communication Services. In general, you should focus on analyzing Turnkey Stock price patterns and their correlations with different microeconomic environments and drivers.
Turnkey Communication Predictive Forecast Models
Turnkey Communication's time-series forecasting models is one of many Turnkey Communication'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 Turnkey Communication'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 Turnkey Communication
Checking the ongoing alerts about Turnkey Communication for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Turnkey Communication help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Turnkey Communication generated a negative expected return over the last 90 days | |
| Turnkey Communication has high historical volatility and very poor performance | |
| About 74.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Turnkey Stock
Turnkey Communication financial ratios help investors to determine whether Turnkey 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 Turnkey with respect to the benefits of owning Turnkey Communication security.