Ichitan Group (Thailand) Price Prediction

ICHI Stock  THB 14.80  0.50  3.27%   
The value of RSI of Ichitan Group's the stock price is about 63. This usually indicates that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Ichitan, making its price go up or down.

Oversold Vs Overbought

63

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

Ichitan Group after-hype prediction price

    
  THB 15.3  
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 Ichitan Group Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
13.7615.5217.29
Details
Naive
Forecast
LowNextHigh
12.8214.5916.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.0015.7816.56
Details

Ichitan Group After-Hype Price Prediction Density Analysis

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

Ichitan Group Estimiated After-Hype Price Volatility

In the context of predicting Ichitan Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ichitan Group's historical news coverage. Ichitan Group's after-hype downside and upside margins for the prediction period are 13.53 and 17.07, respectively. We have considered Ichitan Group'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
14.80
15.30
After-hype Price
17.07
Upside
Ichitan Group is not too volatile at this time. Analysis and calculation of next after-hype price of Ichitan Group Public is based on 3 months time horizon.

Ichitan Group Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Ichitan Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ichitan Group 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 Ichitan Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
1.88
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.80
15.30
0.00 
0.00  
Notes

Ichitan Group Hype Timeline

Ichitan Group Public is currently traded for 14.80on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Ichitan 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 currently at 0.17%. %. The volatility of related hype on Ichitan Group is about 0.0%, with the expected price after the next announcement by competition of 14.80. About 51.0% of the company shares are held by company insiders. The book value of Ichitan Group was currently reported as 4.61. The company has Price/Earnings To Growth (PEG) ratio of 1.01. Ichitan Group Public last dividend was issued on the 5th of May 2022. Assuming the 90 days trading horizon the next forecasted press release will be uncertain.
Check out Ichitan Group Basic Forecasting Models to cross-verify your projections.

Ichitan Group Related Hype Analysis

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

Ichitan Group Additional Predictive Modules

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

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

Story Coverage note for Ichitan Group

The number of cover stories for Ichitan Group depends on current market conditions and Ichitan Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ichitan Group 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 Ichitan Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Ichitan Group Short Properties

Ichitan Group's future price predictability will typically decrease when Ichitan Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ichitan Group Public often depends not only on the future outlook of the potential Ichitan Group'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. Ichitan Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.3 B

Other Information on Investing in Ichitan Stock

Ichitan Group financial ratios help investors to determine whether Ichitan 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 Ichitan with respect to the benefits of owning Ichitan Group security.