Surapon Foods (Thailand) Probability of Future Stock Price Finishing Under 6.75
| SSF Stock | THB 6.90 0.05 0.73% |
Surapon |
Surapon Foods Target Price Odds to finish below 6.75
The tendency of Surapon 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 6.75 or more in 90 days |
| 6.90 | 90 days | 6.75 | about 5.77 |
Based on a normal probability distribution, the odds of Surapon Foods to drop to 6.75 or more in 90 days from now is about 5.77 (This Surapon Foods Public probability density function shows the probability of Surapon Stock to fall within a particular range of prices over 90 days) . Probability of Surapon Foods Public price to stay between 6.75 and its current price of 6.9 at the end of the 90-day period is about 20.69 .
Assuming the 90 days trading horizon Surapon Foods Public has a beta of -0.1. This usually implies as returns on the benchmark increase, returns on holding Surapon Foods are expected to decrease at a much lower rate. During a bear market, however, Surapon Foods Public is likely to outperform the market. Additionally Surapon Foods Public 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. Surapon Foods Price Density |
| Price |
Predictive Modules for Surapon Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surapon Foods 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.Surapon Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Surapon Foods is not an exception. The market had few large corrections towards the Surapon Foods' 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 Surapon Foods Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Surapon Foods within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.21 |
Surapon Foods 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 Surapon Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Surapon Foods 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.| Surapon Foods Public generated a negative expected return over the last 90 days | |
| The company has 195.67 Million in debt which may indicate that it relies heavily on debt financing | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Surapon Foods 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 Surapon Stock often depends not only on the future outlook of the current and potential Surapon Foods' 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. Surapon Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 270 M |
Surapon Foods Technical Analysis
Surapon Foods' future price can be derived by breaking down and analyzing its technical indicators over time. Surapon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Surapon Foods Public. In general, you should focus on analyzing Surapon Stock price patterns and their correlations with different microeconomic environments and drivers.
Surapon Foods Predictive Forecast Models
Surapon Foods' time-series forecasting models is one of many Surapon Foods' 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 Surapon Foods' 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 Surapon Foods Public
Checking the ongoing alerts about Surapon Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Surapon Foods Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Surapon Foods Public generated a negative expected return over the last 90 days | |
| The company has 195.67 Million in debt which may indicate that it relies heavily on debt financing | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Surapon Stock
Surapon Foods financial ratios help investors to determine whether Surapon 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 Surapon with respect to the benefits of owning Surapon Foods security.