Yong Concrete (Thailand) Price Prediction

YONG Stock   1.23  0.01  0.82%   
As of now the value of rsi of Yong Concrete's share price is below 20 . This entails that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

16

 
Oversold
 
Overbought
The successful prediction of Yong Concrete's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Yong Concrete PCL, which may create opportunities for some arbitrage if properly timed.
Using Yong Concrete hype-based prediction, you can estimate the value of Yong Concrete PCL from the perspective of Yong Concrete 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 Yong Concrete to buy its stock at a price that has no basis in reality. In that case, they are not buying Yong 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.

Yong Concrete after-hype prediction price

    
  THB 1.22  
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.
  
Check out Yong Concrete Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.061.123.41
Details

Yong Concrete After-Hype Price Prediction Density Analysis

As far as predicting the price of Yong Concrete 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 Yong Concrete 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 Yong Concrete, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Yong Concrete Estimiated After-Hype Price Volatility

In the context of predicting Yong Concrete's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Yong Concrete's historical news coverage. Yong Concrete's after-hype downside and upside margins for the prediction period are 0.06 and 3.51, respectively. We have considered Yong Concrete'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
1.23
1.22
After-hype Price
3.51
Upside
Yong Concrete is very risky at this time. Analysis and calculation of next after-hype price of Yong Concrete PCL is based on 3 months time horizon.

Yong Concrete Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Yong Concrete is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Yong Concrete 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 Yong Concrete, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.29 
2.29
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.23
1.22
0.00 
0.00  
Notes

Yong Concrete Hype Timeline

Yong Concrete PCL is at this time traded for 1.23on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Yong 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 at this time at -0.29%. %. The volatility of related hype on Yong Concrete is about 0.0%, with the expected price after the next announcement by competition of 1.23. About 79.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.9. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Yong Concrete PCL had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be any time.
Check out Yong Concrete Basic Forecasting Models to cross-verify your projections.

Yong Concrete Related Hype Analysis

Having access to credible news sources related to Yong Concrete's direct competition is more important than ever and may enhance your ability to predict Yong Concrete's future price movements. Getting to know how Yong Concrete'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 Yong Concrete may potentially react to the hype associated with one of its peers.

Yong Concrete Additional Predictive Modules

Most predictive techniques to examine Yong price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Yong using various technical indicators. When you analyze Yong 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.

About Yong Concrete Predictive Indicators

The successful prediction of Yong Concrete 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 Yong Concrete PCL, 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 Yong Concrete based on analysis of Yong Concrete hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Yong Concrete's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Yong Concrete's related companies.

Story Coverage note for Yong Concrete

The number of cover stories for Yong Concrete depends on current market conditions and Yong Concrete's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Yong Concrete 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 Yong Concrete'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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Other Information on Investing in Yong Stock

Yong Concrete financial ratios help investors to determine whether Yong 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 Yong with respect to the benefits of owning Yong Concrete security.