Asia Fiber (Thailand) Probability of Future Stock Price Finishing Under 0.05
| AFC Stock | THB 4.80 0.06 1.27% |
Asia |
Asia Fiber Target Price Odds to finish below 0.05
The tendency of Asia 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 0.05 or more in 90 days |
| 4.80 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Asia Fiber to drop to 0.05 or more in 90 days from now is near 1 (This Asia Fiber Public probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) . Probability of Asia Fiber Public price to stay between 0.05 and its current price of 4.8 at the end of the 90-day period is about 34.73 .
Assuming the 90 days trading horizon Asia Fiber Public has a beta of -0.5. This suggests as returns on the benchmark increase, returns on holding Asia Fiber are expected to decrease at a much lower rate. During a bear market, however, Asia Fiber Public is likely to outperform the market. Additionally Asia Fiber Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Asia Fiber Price Density |
| Price |
Predictive Modules for Asia Fiber
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Fiber 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.Asia Fiber Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asia Fiber is not an exception. The market had few large corrections towards the Asia Fiber'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 Asia Fiber Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asia Fiber within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.26 |
Asia Fiber 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 Asia Fiber for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asia Fiber 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.| Asia Fiber Public is way too risky over 90 days horizon | |
| Asia Fiber Public appears to be risky and price may revert if volatility continues | |
| Asia Fiber Public has accumulated about 113.92 M in cash with (63.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.5. | |
| Roughly 54.0% of the company shares are held by company insiders |
Asia Fiber 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 Asia Stock often depends not only on the future outlook of the current and potential Asia Fiber'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. Asia Fiber's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.6 M |
Asia Fiber Technical Analysis
Asia Fiber's future price can be derived by breaking down and analyzing its technical indicators over time. Asia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asia Fiber Public. In general, you should focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environments and drivers.
Asia Fiber Predictive Forecast Models
Asia Fiber's time-series forecasting models is one of many Asia Fiber'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 Asia Fiber'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 Asia Fiber Public
Checking the ongoing alerts about Asia Fiber for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asia Fiber Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asia Fiber Public is way too risky over 90 days horizon | |
| Asia Fiber Public appears to be risky and price may revert if volatility continues | |
| Asia Fiber Public has accumulated about 113.92 M in cash with (63.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.5. | |
| Roughly 54.0% of the company shares are held by company insiders |
Other Information on Investing in Asia Stock
Asia Fiber financial ratios help investors to determine whether Asia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asia with respect to the benefits of owning Asia Fiber security.