Symphony Communication (Thailand) Probability of Future Stock Price Finishing Over 11.74
| SYMC Stock | THB 8.70 0.15 1.69% |
Symphony |
Symphony Communication Target Price Odds to finish over 11.74
The tendency of Symphony 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 11.74 or more in 90 days |
| 8.70 | 90 days | 11.74 | near 1 |
Based on a normal probability distribution, the odds of Symphony Communication to move over 11.74 or more in 90 days from now is near 1 (This Symphony Communication Public probability density function shows the probability of Symphony Stock to fall within a particular range of prices over 90 days) . Probability of Symphony Communication price to stay between its current price of 8.70 and 11.74 at the end of the 90-day period is about 27.03 .
Assuming the 90 days trading horizon Symphony Communication has a beta of 0.13. This usually implies as returns on the market go up, Symphony Communication average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Symphony Communication Public will be expected to be much smaller as well. Additionally Symphony Communication Public has an alpha of 0.2551, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Symphony Communication Price Density |
| Price |
Predictive Modules for Symphony Communication
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Symphony Communication. 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.Symphony Communication Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Symphony Communication is not an exception. The market had few large corrections towards the Symphony Communication'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 Symphony Communication Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Symphony Communication within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | 0.06 |
Symphony Communication 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 Symphony Communication for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Symphony Communication can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Symphony Communication has accumulated 544.49 Million in debt which can lead to volatile earnings | |
| Symphony Communication Public has accumulated 544.49 M in total debt with debt to equity ratio (D/E) of 76.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Symphony Communication has a current ratio of 0.91, 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 Symphony Communication until it has trouble settling it off, either with new capital or with free cash flow. So, Symphony Communication'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 Symphony Communication sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Symphony to invest in growth at high rates of return. When we think about Symphony Communication's use of debt, we should always consider it together with cash and equity. | |
| About 77.0% of Symphony Communication outstanding shares are owned by corporate insiders |
Symphony Communication 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 Symphony Stock often depends not only on the future outlook of the current and potential Symphony Communication'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. Symphony Communication's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 433.7 M |
Symphony Communication Technical Analysis
Symphony Communication's future price can be derived by breaking down and analyzing its technical indicators over time. Symphony Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Symphony Communication Public. In general, you should focus on analyzing Symphony Stock price patterns and their correlations with different microeconomic environments and drivers.
Symphony Communication Predictive Forecast Models
Symphony Communication's time-series forecasting models is one of many Symphony Communication'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 Symphony Communication'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 Symphony Communication
Checking the ongoing alerts about Symphony Communication for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Symphony Communication help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Symphony Communication has accumulated 544.49 Million in debt which can lead to volatile earnings | |
| Symphony Communication Public has accumulated 544.49 M in total debt with debt to equity ratio (D/E) of 76.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Symphony Communication has a current ratio of 0.91, 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 Symphony Communication until it has trouble settling it off, either with new capital or with free cash flow. So, Symphony Communication'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 Symphony Communication sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Symphony to invest in growth at high rates of return. When we think about Symphony Communication's use of debt, we should always consider it together with cash and equity. | |
| About 77.0% of Symphony Communication outstanding shares are owned by corporate insiders |
Other Information on Investing in Symphony Stock
Symphony Communication financial ratios help investors to determine whether Symphony 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 Symphony with respect to the benefits of owning Symphony Communication security.