Kasikornbank Public (Thailand) Probability of Future Stock Price Finishing Over 153.37
| KBANK Stock | THB 156.50 0.50 0.32% |
Kasikornbank |
Kasikornbank Public Target Price Odds to finish over 153.37
The tendency of Kasikornbank 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 stay above 153.37 in 90 days |
| 156.50 | 90 days | 153.37 | about 27.53 |
Based on a normal probability distribution, the odds of Kasikornbank Public to stay above 153.37 in 90 days from now is about 27.53 (This Kasikornbank Public probability density function shows the probability of Kasikornbank Stock to fall within a particular range of prices over 90 days) . Probability of Kasikornbank Public price to stay between 153.37 and its current price of 156.5 at the end of the 90-day period is about 19.38 .
Assuming the 90 days trading horizon Kasikornbank Public has a beta of 0.21. This indicates as returns on the market go up, Kasikornbank Public average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kasikornbank Public will be expected to be much smaller as well. Additionally Kasikornbank Public has an alpha of 0.1237, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kasikornbank Public Price Density |
| Price |
Predictive Modules for Kasikornbank Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kasikornbank 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.Kasikornbank Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kasikornbank Public is not an exception. The market had few large corrections towards the Kasikornbank Public'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 Kasikornbank Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kasikornbank Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 3.92 | |
Ir | Information ratio | 0.03 |
Kasikornbank Public 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 Kasikornbank Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kasikornbank 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.| Kasikornbank Public generated a negative expected return over the last 90 days | |
| Kasikornbank Public has accumulated about 515.67 B in cash with (9.43 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 215.47. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Kasikornbank Public 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 Kasikornbank Stock often depends not only on the future outlook of the current and potential Kasikornbank Public'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. Kasikornbank Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 B |
Kasikornbank Public Technical Analysis
Kasikornbank Public's future price can be derived by breaking down and analyzing its technical indicators over time. Kasikornbank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kasikornbank Public. In general, you should focus on analyzing Kasikornbank Stock price patterns and their correlations with different microeconomic environments and drivers.
Kasikornbank Public Predictive Forecast Models
Kasikornbank Public's time-series forecasting models is one of many Kasikornbank Public'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 Kasikornbank Public'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 Kasikornbank Public
Checking the ongoing alerts about Kasikornbank Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kasikornbank Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kasikornbank Public generated a negative expected return over the last 90 days | |
| Kasikornbank Public has accumulated about 515.67 B in cash with (9.43 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 215.47. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kasikornbank Stock
Kasikornbank Public financial ratios help investors to determine whether Kasikornbank 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 Kasikornbank with respect to the benefits of owning Kasikornbank Public security.