TISCO Financial (Thailand) Probability of Future Stock Price Finishing Under 94.75
| TISCO Stock | THB 96.75 0.25 0.26% |
TISCO |
TISCO Financial Target Price Odds to finish below 94.75
The tendency of TISCO 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 94.75 or more in 90 days |
| 96.75 | 90 days | 94.75 | about 74.29 |
Based on a normal probability distribution, the odds of TISCO Financial to drop to 94.75 or more in 90 days from now is about 74.29 (This TISCO Financial Group probability density function shows the probability of TISCO Stock to fall within a particular range of prices over 90 days) . Probability of TISCO Financial Group price to stay between 94.75 and its current price of 96.75 at the end of the 90-day period is about 24.58 .
Assuming the 90 days trading horizon TISCO Financial has a beta of 0.037. This usually implies as returns on the market go up, TISCO Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TISCO Financial Group will be expected to be much smaller as well. Additionally TISCO Financial Group has an alpha of 0.067, implying that it can generate a 0.067 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). TISCO Financial Price Density |
| Price |
Predictive Modules for TISCO Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TISCO Financial Group. 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 TISCO Financial'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.
TISCO Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TISCO Financial is not an exception. The market had few large corrections towards the TISCO Financial'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 TISCO Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TISCO Financial within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 0.04 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | 0.0003 |
TISCO Financial 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 TISCO Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TISCO Financial Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 20.0% of the company outstanding shares are owned by corporate insiders |
TISCO Financial 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 TISCO Stock often depends not only on the future outlook of the current and potential TISCO Financial'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. TISCO Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 800.7 M |
TISCO Financial Technical Analysis
TISCO Financial's future price can be derived by breaking down and analyzing its technical indicators over time. TISCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TISCO Financial Group. In general, you should focus on analyzing TISCO Stock price patterns and their correlations with different microeconomic environments and drivers.
TISCO Financial Predictive Forecast Models
TISCO Financial's time-series forecasting models is one of many TISCO Financial'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 TISCO Financial'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 TISCO Financial Group
Checking the ongoing alerts about TISCO Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TISCO Financial Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 20.0% of the company outstanding shares are owned by corporate insiders |
Check out TISCO Financial Backtesting, TISCO Financial Valuation, TISCO Financial Correlation, TISCO Financial Hype Analysis, TISCO Financial Volatility, TISCO Financial History as well as TISCO Financial Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for TISCO Stock analysis
When running TISCO Financial's price analysis, check to measure TISCO Financial'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 TISCO Financial is operating at the current time. Most of TISCO Financial's value examination focuses on studying past and present price action to predict the probability of TISCO Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TISCO Financial's price. Additionally, you may evaluate how the addition of TISCO Financial to your portfolios can decrease your overall portfolio volatility.
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