Thk Co Ltd Stock Chance of Future Pink Sheet Price Finishing Under 8.37
| THKLY Stock | USD 11.67 0.18 1.52% |
THK |
THK Co Target Price Odds to finish below 8.37
The tendency of THK Pink Sheet 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 $ 8.37 or more in 90 days |
| 11.67 | 90 days | 8.37 | about 21.57 |
Based on a normal probability distribution, the odds of THK Co to drop to $ 8.37 or more in 90 days from now is about 21.57 (This THK Co Ltd probability density function shows the probability of THK Pink Sheet to fall within a particular range of prices over 90 days) . Probability of THK Co price to stay between $ 8.37 and its current price of $11.67 at the end of the 90-day period is about 69.86 .
Assuming the 90 days horizon THK Co Ltd has a beta of -0.12. This usually implies as returns on the benchmark increase, returns on holding THK Co are expected to decrease at a much lower rate. During a bear market, however, THK Co Ltd is likely to outperform the market. Additionally THK Co Ltd has an alpha of 0.4923, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). THK Co Price Density |
| Price |
Predictive Modules for THK Co
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as THK Co. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.THK Co Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. THK Co is not an exception. The market had few large corrections towards the THK Co'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 THK Co Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of THK Co within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 1.53 | |
Ir | Information ratio | 0.12 |
THK Co 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 THK Co for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for THK Co can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| THK Co appears to be risky and price may revert if volatility continues |
THK Co 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 THK Pink Sheet often depends not only on the future outlook of the current and potential THK Co'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. THK Co's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 252.9 M | |
| Cash And Short Term Investments | 151.4 B |
THK Co Technical Analysis
THK Co's future price can be derived by breaking down and analyzing its technical indicators over time. THK Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of THK Co Ltd. In general, you should focus on analyzing THK Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
THK Co Predictive Forecast Models
THK Co's time-series forecasting models is one of many THK Co's pink sheet 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 THK Co'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 pink sheet market movement and maximize returns from investment trading.
Things to note about THK Co
Checking the ongoing alerts about THK Co for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for THK Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| THK Co appears to be risky and price may revert if volatility continues |
Additional Tools for THK Pink Sheet Analysis
When running THK Co's price analysis, check to measure THK Co's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy THK Co is operating at the current time. Most of THK Co's value examination focuses on studying past and present price action to predict the probability of THK Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move THK Co's price. Additionally, you may evaluate how the addition of THK Co to your portfolios can decrease your overall portfolio volatility.