Siam City (Thailand) Probability of Future Stock Price Finishing Under 161.07
| SCCC Stock | THB 165.00 1.50 0.92% |
Siam |
Siam City Target Price Odds to finish below 161.07
The tendency of Siam 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 161.07 or more in 90 days |
| 165.00 | 90 days | 161.07 | about 34.29 |
Based on a normal probability distribution, the odds of Siam City to drop to 161.07 or more in 90 days from now is about 34.29 (This Siam City Cement probability density function shows the probability of Siam Stock to fall within a particular range of prices over 90 days) . Probability of Siam City Cement price to stay between 161.07 and its current price of 165.0 at the end of the 90-day period is about 37.18 .
Assuming the 90 days trading horizon Siam City has a beta of 0.0466. This usually implies as returns on the market go up, Siam City average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Siam City Cement will be expected to be much smaller as well. Additionally Siam City Cement has an alpha of 0.0568, implying that it can generate a 0.0568 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Siam City Price Density |
| Price |
Predictive Modules for Siam City
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Siam City Cement. 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.Siam City Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Siam City is not an exception. The market had few large corrections towards the Siam City'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 Siam City Cement, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Siam City within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 4.04 | |
Ir | Information ratio | -0.03 |
Siam City 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 Siam City for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Siam City Cement can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Siam City Cement has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Siam City 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 Siam Stock often depends not only on the future outlook of the current and potential Siam City'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. Siam City's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 298 M |
Siam City Technical Analysis
Siam City's future price can be derived by breaking down and analyzing its technical indicators over time. Siam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Siam City Cement. In general, you should focus on analyzing Siam Stock price patterns and their correlations with different microeconomic environments and drivers.
Siam City Predictive Forecast Models
Siam City's time-series forecasting models is one of many Siam City'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 Siam City'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 Siam City Cement
Checking the ongoing alerts about Siam City for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Siam City Cement help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Siam City Cement has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Siam Stock
Siam City financial ratios help investors to determine whether Siam 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 Siam with respect to the benefits of owning Siam City security.