Major Cineplex (Thailand) Probability of Future Stock Price Finishing Over 6.18
| MJLF Stock | THB 4.12 0.04 0.96% |
Major |
Major Cineplex Target Price Odds to finish over 6.18
The tendency of Major 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 over 6.18 or more in 90 days |
| 4.12 | 90 days | 6.18 | near 1 |
Based on a normal probability distribution, the odds of Major Cineplex to move over 6.18 or more in 90 days from now is near 1 (This Major Cineplex Lifestyle probability density function shows the probability of Major Stock to fall within a particular range of prices over 90 days) . Probability of Major Cineplex Lifestyle price to stay between its current price of 4.12 and 6.18 at the end of the 90-day period is about 44.74 .
Assuming the 90 days trading horizon Major Cineplex Lifestyle has a beta of -0.064. This indicates as returns on the benchmark increase, returns on holding Major Cineplex are expected to decrease at a much lower rate. During a bear market, however, Major Cineplex Lifestyle is likely to outperform the market. Additionally Major Cineplex Lifestyle has an alpha of 0.1373, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Major Cineplex Price Density |
| Price |
Predictive Modules for Major Cineplex
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Major Cineplex Lifestyle. 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.Major Cineplex Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Major Cineplex is not an exception. The market had few large corrections towards the Major Cineplex'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 Major Cineplex Lifestyle, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Major Cineplex within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0.01 |
Major Cineplex 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 Major Cineplex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Major Cineplex Lifestyle can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Major Cineplex has high likelihood to experience some financial distress in the next 2 years | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Major Cineplex 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 Major Stock often depends not only on the future outlook of the current and potential Major Cineplex'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. Major Cineplex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 330 M | |
| Dividends Paid | 329 M | |
| Forward Annual Dividend Rate | 0.56 | |
| Shares Float | 117.3 M |
Major Cineplex Technical Analysis
Major Cineplex's future price can be derived by breaking down and analyzing its technical indicators over time. Major Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Major Cineplex Lifestyle. In general, you should focus on analyzing Major Stock price patterns and their correlations with different microeconomic environments and drivers.
Major Cineplex Predictive Forecast Models
Major Cineplex's time-series forecasting models is one of many Major Cineplex'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 Major Cineplex'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 Major Cineplex Lifestyle
Checking the ongoing alerts about Major Cineplex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Major Cineplex Lifestyle help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Major Cineplex has high likelihood to experience some financial distress in the next 2 years | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Major Stock
Major Cineplex financial ratios help investors to determine whether Major 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 Major with respect to the benefits of owning Major Cineplex security.