Ekarat Engineering (Thailand) Probability of Future Stock Price Finishing Under 0.99
| AKR Stock | THB 1.00 0.01 1.01% |
Ekarat |
Ekarat Engineering Target Price Odds to finish below 0.99
The tendency of Ekarat 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 drop to 0.99 or more in 90 days |
| 1.00 | 90 days | 0.99 | about 76.51 |
Based on a normal probability distribution, the odds of Ekarat Engineering to drop to 0.99 or more in 90 days from now is about 76.51 (This Ekarat Engineering Public probability density function shows the probability of Ekarat Stock to fall within a particular range of prices over 90 days) . Probability of Ekarat Engineering Public price to stay between 0.99 and its current price of 1.0 at the end of the 90-day period is about 6.75 .
Assuming the 90 days trading horizon Ekarat Engineering has a beta of 0.0213. This suggests as returns on the market go up, Ekarat Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ekarat Engineering Public will be expected to be much smaller as well. Additionally Ekarat Engineering Public has an alpha of 0.1917, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ekarat Engineering Price Density |
| Price |
Predictive Modules for Ekarat Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ekarat Engineering 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 Ekarat Engineering'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.
Ekarat Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ekarat Engineering is not an exception. The market had few large corrections towards the Ekarat Engineering'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 Ekarat Engineering Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ekarat Engineering within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.19 | |
β | Beta against NYSE Composite | 0.02 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.11 |
Ekarat Engineering 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 Ekarat Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ekarat Engineering 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.| Ekarat Engineering has some characteristics of a very speculative penny stock | |
| Ekarat Engineering Public has accumulated about 257.55 M in cash with (186.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 42.0% of the company shares are held by company insiders |
Ekarat Engineering 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 Ekarat Stock often depends not only on the future outlook of the current and potential Ekarat Engineering'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. Ekarat Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
Ekarat Engineering Technical Analysis
Ekarat Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. Ekarat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ekarat Engineering Public. In general, you should focus on analyzing Ekarat Stock price patterns and their correlations with different microeconomic environments and drivers.
Ekarat Engineering Predictive Forecast Models
Ekarat Engineering's time-series forecasting models is one of many Ekarat Engineering'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 Ekarat Engineering'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 Ekarat Engineering Public
Checking the ongoing alerts about Ekarat Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ekarat Engineering Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ekarat Engineering has some characteristics of a very speculative penny stock | |
| Ekarat Engineering Public has accumulated about 257.55 M in cash with (186.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 42.0% of the company shares are held by company insiders |
Check out Ekarat Engineering Backtesting, Ekarat Engineering Valuation, Ekarat Engineering Correlation, Ekarat Engineering Hype Analysis, Ekarat Engineering Volatility, Ekarat Engineering History as well as Ekarat Engineering Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Ekarat Stock analysis
When running Ekarat Engineering's price analysis, check to measure Ekarat Engineering'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 Ekarat Engineering is operating at the current time. Most of Ekarat Engineering's value examination focuses on studying past and present price action to predict the probability of Ekarat Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ekarat Engineering's price. Additionally, you may evaluate how the addition of Ekarat Engineering to your portfolios can decrease your overall portfolio volatility.
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