PMC LABEL (Thailand) Probability of Future Stock Price Finishing Over 4.38
| PMC Stock | 1.09 0.02 1.80% |
PMC |
PMC LABEL Target Price Odds to finish over 4.38
The tendency of PMC 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 4.38 or more in 90 days |
| 1.09 | 90 days | 4.38 | close to zero percent |
Based on a normal probability distribution, the odds of PMC LABEL to move over 4.38 or more in 90 days from now is close to zero percent (This PMC LABEL MATERIALS probability density function shows the probability of PMC Stock to fall within a particular range of prices over 90 days) . Probability of PMC LABEL MATERIALS price to stay between its current price of 1.09 and 4.38 at the end of the 90-day period is about 87.49 .
Assuming the 90 days trading horizon PMC LABEL MATERIALS has a beta of -0.0579 indicating as returns on the benchmark increase, returns on holding PMC LABEL are expected to decrease at a much lower rate. During a bear market, however, PMC LABEL MATERIALS is likely to outperform the market. Additionally PMC LABEL MATERIALS 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. PMC LABEL Price Density |
| Price |
Predictive Modules for PMC LABEL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PMC LABEL MATERIALS. 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.PMC LABEL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PMC LABEL is not an exception. The market had few large corrections towards the PMC LABEL'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 PMC LABEL MATERIALS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PMC LABEL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.76 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.25 |
PMC LABEL 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 PMC LABEL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PMC LABEL MATERIALS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PMC LABEL MATERIALS generated a negative expected return over the last 90 days | |
| PMC LABEL MATERIALS has some characteristics of a very speculative penny stock | |
| PMC LABEL MATERIALS has high historical volatility and very poor performance |
PMC LABEL Technical Analysis
PMC LABEL's future price can be derived by breaking down and analyzing its technical indicators over time. PMC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PMC LABEL MATERIALS. In general, you should focus on analyzing PMC Stock price patterns and their correlations with different microeconomic environments and drivers.
PMC LABEL Predictive Forecast Models
PMC LABEL's time-series forecasting models is one of many PMC LABEL'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 PMC LABEL'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 PMC LABEL MATERIALS
Checking the ongoing alerts about PMC LABEL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PMC LABEL MATERIALS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PMC LABEL MATERIALS generated a negative expected return over the last 90 days | |
| PMC LABEL MATERIALS has some characteristics of a very speculative penny stock | |
| PMC LABEL MATERIALS has high historical volatility and very poor performance |