Taokaenoi Food (Thailand) Probability of Future Stock Price Finishing Under 0.30
| TKN Stock | THB 8.45 0.25 3.05% |
Taokaenoi |
Taokaenoi Food Target Price Odds to finish below 0.30
The tendency of Taokaenoi 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 0.30 or more in 90 days |
| 8.45 | 90 days | 0.30 | near 1 |
Based on a normal probability distribution, the odds of Taokaenoi Food to drop to 0.30 or more in 90 days from now is near 1 (This Taokaenoi Food Marketing probability density function shows the probability of Taokaenoi Stock to fall within a particular range of prices over 90 days) . Probability of Taokaenoi Food Marketing price to stay between 0.30 and its current price of 8.45 at the end of the 90-day period is about 16.53 .
Assuming the 90 days trading horizon Taokaenoi Food Marketing has a beta of -0.38. This usually implies as returns on the benchmark increase, returns on holding Taokaenoi Food are expected to decrease at a much lower rate. During a bear market, however, Taokaenoi Food Marketing is likely to outperform the market. Additionally Taokaenoi Food Marketing 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. Taokaenoi Food Price Density |
| Price |
Predictive Modules for Taokaenoi Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taokaenoi Food Marketing. 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.Taokaenoi Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taokaenoi Food is not an exception. The market had few large corrections towards the Taokaenoi Food'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 Taokaenoi Food Marketing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taokaenoi Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 1.43 | |
Ir | Information ratio | -0.13 |
Taokaenoi Food 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 Taokaenoi Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taokaenoi Food Marketing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taokaenoi Food is way too risky over 90 days horizon | |
| Taokaenoi Food appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
Taokaenoi Food 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 Taokaenoi Stock often depends not only on the future outlook of the current and potential Taokaenoi Food'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. Taokaenoi Food's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
Taokaenoi Food Technical Analysis
Taokaenoi Food's future price can be derived by breaking down and analyzing its technical indicators over time. Taokaenoi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taokaenoi Food Marketing. In general, you should focus on analyzing Taokaenoi Stock price patterns and their correlations with different microeconomic environments and drivers.
Taokaenoi Food Predictive Forecast Models
Taokaenoi Food's time-series forecasting models is one of many Taokaenoi Food'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 Taokaenoi Food'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 Taokaenoi Food Marketing
Checking the ongoing alerts about Taokaenoi Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taokaenoi Food Marketing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taokaenoi Food is way too risky over 90 days horizon | |
| Taokaenoi Food appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Taokaenoi Stock
Taokaenoi Food financial ratios help investors to determine whether Taokaenoi 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 Taokaenoi with respect to the benefits of owning Taokaenoi Food security.