TRC Construction (Thailand) Probability of Future Stock Price Finishing Under 1.87
| TRC Stock | THB 1.48 0.07 4.52% |
TRC |
TRC Construction Target Price Odds to finish below 1.87
The tendency of TRC 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 under 1.87 after 90 days |
| 1.48 | 90 days | 1.87 | about 81.96 |
Based on a normal probability distribution, the odds of TRC Construction to stay under 1.87 after 90 days from now is about 81.96 (This TRC Construction Public probability density function shows the probability of TRC Stock to fall within a particular range of prices over 90 days) . Probability of TRC Construction Public price to stay between its current price of 1.48 and 1.87 at the end of the 90-day period is about 58.09 .
Assuming the 90 days trading horizon TRC Construction Public has a beta of -1.77. This usually implies as returns on its benchmark rise, returns on holding TRC Construction Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, TRC Construction is expected to outperform its benchmark. Additionally TRC Construction Public has an alpha of 0.4409, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TRC Construction Price Density |
| Price |
Predictive Modules for TRC Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TRC Construction 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.TRC Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TRC Construction is not an exception. The market had few large corrections towards the TRC Construction'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 TRC Construction Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TRC Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -1.77 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | 0.01 |
TRC Construction 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 TRC Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TRC Construction 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.| TRC Construction had very high historical volatility over the last 90 days | |
| TRC Construction may become a speculative penny stock | |
| TRC Construction has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.85 B. Net Loss for the year was (57.39 M) with profit before overhead, payroll, taxes, and interest of 243.62 M. | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
TRC Construction 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 TRC Stock often depends not only on the future outlook of the current and potential TRC Construction'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. TRC Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.6 B |
TRC Construction Technical Analysis
TRC Construction's future price can be derived by breaking down and analyzing its technical indicators over time. TRC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TRC Construction Public. In general, you should focus on analyzing TRC Stock price patterns and their correlations with different microeconomic environments and drivers.
TRC Construction Predictive Forecast Models
TRC Construction's time-series forecasting models is one of many TRC Construction'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 TRC Construction'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 TRC Construction Public
Checking the ongoing alerts about TRC Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TRC Construction Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TRC Construction had very high historical volatility over the last 90 days | |
| TRC Construction may become a speculative penny stock | |
| TRC Construction has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.85 B. Net Loss for the year was (57.39 M) with profit before overhead, payroll, taxes, and interest of 243.62 M. | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in TRC Stock
TRC Construction financial ratios help investors to determine whether TRC 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 TRC with respect to the benefits of owning TRC Construction security.