Samchai Steel (Thailand) Probability of Future Stock Price Finishing Under 0.35
| SAM Stock | THB 0.26 0.04 13.33% |
Samchai |
Samchai Steel Target Price Odds to finish below 0.35
The tendency of Samchai 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 under 0.35 after 90 days |
| 0.26 | 90 days | 0.35 | about 98.0 |
Based on a normal probability distribution, the odds of Samchai Steel to stay under 0.35 after 90 days from now is about 98.0 (This Samchai Steel Industries probability density function shows the probability of Samchai Stock to fall within a particular range of prices over 90 days) . Probability of Samchai Steel Industries price to stay between its current price of 0.26 and 0.35 at the end of the 90-day period is about 17.92 .
Assuming the 90 days trading horizon Samchai Steel Industries has a beta of -4.03. This usually implies as returns on its benchmark rise, returns on holding Samchai Steel Industries are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Samchai Steel is expected to outperform its benchmark. Moreover Samchai Steel Industries has an alpha of 1.8507, implying that it can generate a 1.85 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Samchai Steel Price Density |
| Price |
Predictive Modules for Samchai Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Samchai Steel Industries. 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.Samchai Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Samchai Steel is not an exception. The market had few large corrections towards the Samchai Steel'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 Samchai Steel Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Samchai Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.85 | |
β | Beta against Dow Jones | -4.03 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.12 |
Samchai Steel 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 Samchai Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Samchai Steel Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Samchai Steel is way too risky over 90 days horizon | |
| Samchai Steel has some characteristics of a very speculative penny stock | |
| Samchai Steel appears to be risky and price may revert if volatility continues | |
| Samchai Steel has accumulated 1.48 Billion in debt which can lead to volatile earnings | |
| Samchai Steel Industries has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 79.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Samchai Steel Industries has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Samchai Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Samchai Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Samchai Steel Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Samchai to invest in growth at high rates of return. When we think about Samchai Steel's use of debt, we should always consider it together with cash and equity. | |
| Samchai Steel Industries has accumulated about 101.92 M in cash with (46.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 73.0% of Samchai Steel outstanding shares are owned by corporate insiders |
Samchai Steel 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 Samchai Stock often depends not only on the future outlook of the current and potential Samchai Steel'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. Samchai Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B | |
| Short Long Term Debt | 1.5 B |
Samchai Steel Technical Analysis
Samchai Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Samchai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Samchai Steel Industries. In general, you should focus on analyzing Samchai Stock price patterns and their correlations with different microeconomic environments and drivers.
Samchai Steel Predictive Forecast Models
Samchai Steel's time-series forecasting models is one of many Samchai Steel'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 Samchai Steel'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 Samchai Steel Industries
Checking the ongoing alerts about Samchai Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Samchai Steel Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Samchai Steel is way too risky over 90 days horizon | |
| Samchai Steel has some characteristics of a very speculative penny stock | |
| Samchai Steel appears to be risky and price may revert if volatility continues | |
| Samchai Steel has accumulated 1.48 Billion in debt which can lead to volatile earnings | |
| Samchai Steel Industries has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 79.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Samchai Steel Industries has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Samchai Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Samchai Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Samchai Steel Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Samchai to invest in growth at high rates of return. When we think about Samchai Steel's use of debt, we should always consider it together with cash and equity. | |
| Samchai Steel Industries has accumulated about 101.92 M in cash with (46.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 73.0% of Samchai Steel outstanding shares are owned by corporate insiders |
Other Information on Investing in Samchai Stock
Samchai Steel financial ratios help investors to determine whether Samchai 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 Samchai with respect to the benefits of owning Samchai Steel security.