MFC Nichada (Thailand) Probability of Future Stock Price Finishing Over 5.00
| MNIT2 Stock | THB 5.00 0.16 3.31% |
MFC |
MFC Nichada Target Price Odds to finish over 5.00
The tendency of MFC 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 |
| 5.00 | 90 days | 5.00 | about 27.55 |
Based on a normal probability distribution, the odds of MFC Nichada to move above the current price in 90 days from now is about 27.55 (This MFC Nichada Thani Property probability density function shows the probability of MFC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon MFC Nichada Thani Property has a beta of -1.4. This indicates as returns on its benchmark rise, returns on holding MFC Nichada Thani Property are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, MFC Nichada is expected to outperform its benchmark. Additionally MFC Nichada Thani Property has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. MFC Nichada Price Density |
| Price |
Predictive Modules for MFC Nichada
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MFC Nichada Thani. 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 MFC Nichada'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.
MFC Nichada Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MFC Nichada is not an exception. The market had few large corrections towards the MFC Nichada'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 MFC Nichada Thani Property, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MFC Nichada within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.22 | |
β | Beta against NYSE Composite | -1.4 | |
σ | Overall volatility | 2.13 | |
Ir | Information ratio | -0.09 |
MFC Nichada 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 MFC Nichada for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MFC Nichada Thani can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MFC Nichada Thani is way too risky over 90 days horizon | |
| MFC Nichada Thani appears to be risky and price may revert if volatility continues | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
MFC Nichada Technical Analysis
MFC Nichada's future price can be derived by breaking down and analyzing its technical indicators over time. MFC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MFC Nichada Thani Property. In general, you should focus on analyzing MFC Stock price patterns and their correlations with different microeconomic environments and drivers.
MFC Nichada Predictive Forecast Models
MFC Nichada's time-series forecasting models is one of many MFC Nichada'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 MFC Nichada'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 MFC Nichada Thani
Checking the ongoing alerts about MFC Nichada for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MFC Nichada Thani help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MFC Nichada Thani is way too risky over 90 days horizon | |
| MFC Nichada Thani appears to be risky and price may revert if volatility continues | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
Check out MFC Nichada Backtesting, MFC Nichada Valuation, MFC Nichada Correlation, MFC Nichada Hype Analysis, MFC Nichada Volatility, MFC Nichada History as well as MFC Nichada Performance. Note that the MFC Nichada Thani information on this page should be used as a complementary analysis to other MFC Nichada'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for MFC Stock analysis
When running MFC Nichada's price analysis, check to measure MFC Nichada'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 MFC Nichada is operating at the current time. Most of MFC Nichada's value examination focuses on studying past and present price action to predict the probability of MFC Nichada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFC Nichada's price. Additionally, you may evaluate how the addition of MFC Nichada to your portfolios can decrease your overall portfolio volatility.
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