Krung Thai (Thailand) Price Prediction
KTB Stock | THB 20.50 0.10 0.49% |
Oversold Vs Overbought
51
Oversold | Overbought |
Using Krung Thai hype-based prediction, you can estimate the value of Krung Thai Bank from the perspective of Krung Thai response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Krung Thai to buy its stock at a price that has no basis in reality. In that case, they are not buying Krung because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Krung Thai after-hype prediction price | THB 20.5 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Krung |
Krung Thai After-Hype Price Prediction Density Analysis
As far as predicting the price of Krung Thai at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Krung Thai or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Krung Thai, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Krung Thai Estimiated After-Hype Price Volatility
In the context of predicting Krung Thai's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Krung Thai's historical news coverage. Krung Thai's after-hype downside and upside margins for the prediction period are 19.34 and 21.66, respectively. We have considered Krung Thai's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Krung Thai is very steady at this time. Analysis and calculation of next after-hype price of Krung Thai Bank is based on 3 months time horizon.
Krung Thai Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Krung Thai is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Krung Thai backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Krung Thai, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.16 | 1.17 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
20.50 | 20.50 | 0.00 |
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Krung Thai Hype Timeline
Krung Thai Bank is now traded for 20.50on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Krung is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.16%. %. The volatility of related hype on Krung Thai is about 0.0%, with the expected price after the next announcement by competition of 20.50. About 62.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Krung Thai Bank has Price/Earnings To Growth (PEG) ratio of 0.76. The entity last dividend was issued on the 20th of April 2022. The firm had 895:842 split on the 28th of August 2012. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Krung Thai Basic Forecasting Models to cross-verify your projections.Krung Thai Related Hype Analysis
Having access to credible news sources related to Krung Thai's direct competition is more important than ever and may enhance your ability to predict Krung Thai's future price movements. Getting to know how Krung Thai's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Krung Thai may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
3K-BAT | Thai Energy Storage | 0.00 | 0 per month | 0.13 | (0.38) | 0.47 | (0.47) | 1.88 | |
ROH | Royal Orchid Hotel | 0.00 | 0 per month | 0.00 | (0.14) | 2.97 | (4.00) | 15.33 | |
GLAND | Grand Canal Land | 0.00 | 0 per month | 0.00 | (0.24) | 1.94 | (1.90) | 5.29 | |
PRG | PRG Public | 0.00 | 0 per month | 0.00 | (0.15) | 2.20 | (2.14) | 9.66 | |
UMS | Unique Mining Services | 0.00 | 0 per month | 6.44 | 0.07 | 11.11 | (11.11) | 52.11 | |
TGH | Thai Group Holdings | 0.00 | 0 per month | 0.00 | (0.15) | 2.40 | (4.58) | 17.60 | |
NFC | Nfc PLC | 0.00 | 0 per month | 0.00 | (0.12) | 8.02 | (7.50) | 34.84 |
Krung Thai Additional Predictive Modules
Most predictive techniques to examine Krung price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Krung using various technical indicators. When you analyze Krung charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Krung Thai Predictive Indicators
The successful prediction of Krung Thai stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Krung Thai Bank, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Krung Thai based on analysis of Krung Thai hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Krung Thai's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Krung Thai's related companies.
Story Coverage note for Krung Thai
The number of cover stories for Krung Thai depends on current market conditions and Krung Thai's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Krung Thai is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Krung Thai's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Krung Thai Short Properties
Krung Thai's future price predictability will typically decrease when Krung Thai's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Krung Thai Bank often depends not only on the future outlook of the potential Krung Thai'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. Krung Thai's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 14 B |
Other Information on Investing in Krung Stock
Krung Thai financial ratios help investors to determine whether Krung 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 Krung with respect to the benefits of owning Krung Thai security.