Asia Precision (Thailand) Probability of Future Stock Price Finishing Over 3.42
| APCS Stock | THB 3.28 0.02 0.61% |
Asia |
Asia Precision Target Price Odds to finish over 3.42
The tendency of Asia 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 move over 3.42 or more in 90 days |
| 3.28 | 90 days | 3.42 | about 56.62 |
Based on a normal probability distribution, the odds of Asia Precision to move over 3.42 or more in 90 days from now is about 56.62 (This Asia Precision Public probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) . Probability of Asia Precision Public price to stay between its current price of 3.28 and 3.42 at the end of the 90-day period is about 34.25 .
Assuming the 90 days trading horizon Asia Precision Public has a beta of -0.47. This suggests as returns on the benchmark increase, returns on holding Asia Precision are expected to decrease at a much lower rate. During a bear market, however, Asia Precision Public is likely to outperform the market. Additionally Asia Precision Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Asia Precision Price Density |
| Price |
Predictive Modules for Asia Precision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Precision 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asia Precision's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Asia Precision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asia Precision is not an exception. The market had few large corrections towards the Asia Precision'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 Asia Precision Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asia Precision within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | -0.47 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.08 |
Asia Precision 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 Asia Precision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asia Precision 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.| Asia Precision generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are held by company insiders |
Asia Precision 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 Asia Stock often depends not only on the future outlook of the current and potential Asia Precision'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. Asia Precision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 660 M |
Asia Precision Technical Analysis
Asia Precision's future price can be derived by breaking down and analyzing its technical indicators over time. Asia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asia Precision Public. In general, you should focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environments and drivers.
Asia Precision Predictive Forecast Models
Asia Precision's time-series forecasting models is one of many Asia Precision'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 Asia Precision'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 Asia Precision Public
Checking the ongoing alerts about Asia Precision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asia Precision Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asia Precision generated a negative expected return over the last 90 days | |
| About 75.0% of the company shares are held by company insiders |
Check out Asia Precision Backtesting, Asia Precision Valuation, Asia Precision Correlation, Asia Precision Hype Analysis, Asia Precision Volatility, Asia Precision History as well as Asia Precision Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Asia Stock analysis
When running Asia Precision's price analysis, check to measure Asia Precision's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asia Precision is operating at the current time. Most of Asia Precision's value examination focuses on studying past and present price action to predict the probability of Asia Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Precision's price. Additionally, you may evaluate how the addition of Asia Precision to your portfolios can decrease your overall portfolio volatility.
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