Krungthai Card (Thailand) Probability of Future Stock Price Finishing Over 42.75
| KTC Stock | THB 42.75 0.25 0.58% |
Krungthai |
Krungthai Card Target Price Odds to finish over 42.75
The tendency of Krungthai 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 above the current price in 90 days |
| 42.75 | 90 days | 42.75 | about 63.18 |
Based on a normal probability distribution, the odds of Krungthai Card to move above the current price in 90 days from now is about 63.18 (This Krungthai Card PCL probability density function shows the probability of Krungthai Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Krungthai Card PCL has a beta of -0.0857. This indicates as returns on the benchmark increase, returns on holding Krungthai Card are expected to decrease at a much lower rate. During a bear market, however, Krungthai Card PCL is likely to outperform the market. Additionally Krungthai Card PCL has an alpha of 0.0502, implying that it can generate a 0.0502 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Krungthai Card Price Density |
| Price |
Predictive Modules for Krungthai Card
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Krungthai Card PCL. 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 Krungthai Card'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.
Krungthai Card Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Krungthai Card is not an exception. The market had few large corrections towards the Krungthai Card'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 Krungthai Card PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Krungthai Card within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | -0.09 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | -0.03 |
Krungthai Card 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 Krungthai Card for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Krungthai Card PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Krungthai Card PCL generated a negative expected return over the last 90 days | |
| Krungthai Card PCL has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Krungthai Card PCL has accumulated about 2.63 B in cash with (4.28 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.02. | |
| Roughly 69.0% of the company outstanding shares are owned by corporate insiders |
Krungthai Card 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 Krungthai Stock often depends not only on the future outlook of the current and potential Krungthai Card'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. Krungthai Card's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B |
Krungthai Card Technical Analysis
Krungthai Card's future price can be derived by breaking down and analyzing its technical indicators over time. Krungthai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Krungthai Card PCL. In general, you should focus on analyzing Krungthai Stock price patterns and their correlations with different microeconomic environments and drivers.
Krungthai Card Predictive Forecast Models
Krungthai Card's time-series forecasting models is one of many Krungthai Card'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 Krungthai Card'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 Krungthai Card PCL
Checking the ongoing alerts about Krungthai Card for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Krungthai Card PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Krungthai Card PCL generated a negative expected return over the last 90 days | |
| Krungthai Card PCL has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Krungthai Card PCL has accumulated about 2.63 B in cash with (4.28 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.02. | |
| Roughly 69.0% of the company outstanding shares are owned by corporate insiders |
Check out Krungthai Card Backtesting, Krungthai Card Valuation, Krungthai Card Correlation, Krungthai Card Hype Analysis, Krungthai Card Volatility, Krungthai Card History as well as Krungthai Card Performance. Note that the Krungthai Card PCL information on this page should be used as a complementary analysis to other Krungthai Card's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Krungthai Stock analysis
When running Krungthai Card's price analysis, check to measure Krungthai Card'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 Krungthai Card is operating at the current time. Most of Krungthai Card's value examination focuses on studying past and present price action to predict the probability of Krungthai Card's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krungthai Card's price. Additionally, you may evaluate how the addition of Krungthai Card to your portfolios can decrease your overall portfolio volatility.
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