Krung Thai (Thailand) Probability of Future Stock Price Finishing Over 16.70
| KTB Stock | THB 16.70 0.10 0.60% |
Krung |
Krung Thai Target Price Odds to finish over 16.70
The tendency of Krung 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 |
| 16.70 | 90 days | 16.70 | about 1.82 |
Based on a normal probability distribution, the odds of Krung Thai to move above the current price in 90 days from now is about 1.82 (This Krung Thai Bank probability density function shows the probability of Krung Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Krung Thai Bank has a beta of -0.15. This indicates as returns on the benchmark increase, returns on holding Krung Thai are expected to decrease at a much lower rate. During a bear market, however, Krung Thai Bank is likely to outperform the market. Additionally Krung Thai Bank has an alpha of 0.1355, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Krung Thai Price Density |
| Price |
Predictive Modules for Krung Thai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Krung Thai Bank. 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 Krung Thai'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.
Krung Thai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Krung Thai is not an exception. The market had few large corrections towards the Krung Thai'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 Krung Thai Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Krung Thai within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.14 | |
β | Beta against NYSE Composite | -0.15 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | 0.05 |
Krung Thai 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 Krung Thai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Krung Thai Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Krung Thai Bank has accumulated about 110.46 B in cash with (165.25 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.9. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders |
Krung Thai 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 Krung Stock often depends not only on the future outlook of the current and potential Krung Thai'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. Krung Thai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14 B |
Krung Thai Technical Analysis
Krung Thai's future price can be derived by breaking down and analyzing its technical indicators over time. Krung Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Krung Thai Bank. In general, you should focus on analyzing Krung Stock price patterns and their correlations with different microeconomic environments and drivers.
Krung Thai Predictive Forecast Models
Krung Thai's time-series forecasting models is one of many Krung Thai'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 Krung Thai'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 Krung Thai Bank
Checking the ongoing alerts about Krung Thai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Krung Thai Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Krung Thai Bank has accumulated about 110.46 B in cash with (165.25 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.9. | |
| Roughly 62.0% of the company outstanding shares are owned by corporate insiders |
Check out Krung Thai Backtesting, Krung Thai Valuation, Krung Thai Correlation, Krung Thai Hype Analysis, Krung Thai Volatility, Krung Thai History as well as Krung Thai Performance. Note that the Krung Thai Bank information on this page should be used as a complementary analysis to other Krung Thai'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Krung Stock analysis
When running Krung Thai's price analysis, check to measure Krung Thai'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 Krung Thai is operating at the current time. Most of Krung Thai's value examination focuses on studying past and present price action to predict the probability of Krung Thai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krung Thai's price. Additionally, you may evaluate how the addition of Krung Thai to your portfolios can decrease your overall portfolio volatility.
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