Fancy Wood (Thailand) Probability of Future Stock Price Finishing Under 0.39
| FANCY Stock | THB 0.41 0.01 2.50% |
Fancy |
Fancy Wood Target Price Odds to finish below 0.39
The tendency of Fancy 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 0.39 or more in 90 days |
| 0.41 | 90 days | 0.39 | about 7.96 |
Based on a normal probability distribution, the odds of Fancy Wood to drop to 0.39 or more in 90 days from now is about 7.96 (This Fancy Wood Industries probability density function shows the probability of Fancy Stock to fall within a particular range of prices over 90 days) . Probability of Fancy Wood Industries price to stay between 0.39 and its current price of 0.41 at the end of the 90-day period is about 23.96 .
Assuming the 90 days trading horizon Fancy Wood has a beta of 0.76. This usually indicates as returns on the market go up, Fancy Wood average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fancy Wood Industries will be expected to be much smaller as well. Additionally Fancy Wood Industries 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. Fancy Wood Price Density |
| Price |
Predictive Modules for Fancy Wood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fancy Wood 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fancy Wood's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fancy Wood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fancy Wood is not an exception. The market had few large corrections towards the Fancy Wood'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 Fancy Wood Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fancy Wood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.05 |
Fancy Wood 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 Fancy Wood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fancy Wood 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.| Fancy Wood generated a negative expected return over the last 90 days | |
| Fancy Wood has some characteristics of a very speculative penny stock | |
| Fancy Wood has high historical volatility and very poor performance | |
| The company reported the revenue of 209.77 M. Net Loss for the year was (61.31 M) with profit before overhead, payroll, taxes, and interest of 16.83 M. | |
| About 64.0% of the company shares are held by company insiders |
Fancy Wood 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 Fancy Stock often depends not only on the future outlook of the current and potential Fancy Wood'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. Fancy Wood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 615 M |
Fancy Wood Technical Analysis
Fancy Wood's future price can be derived by breaking down and analyzing its technical indicators over time. Fancy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fancy Wood Industries. In general, you should focus on analyzing Fancy Stock price patterns and their correlations with different microeconomic environments and drivers.
Fancy Wood Predictive Forecast Models
Fancy Wood's time-series forecasting models is one of many Fancy Wood'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 Fancy Wood'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 Fancy Wood Industries
Checking the ongoing alerts about Fancy Wood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fancy Wood Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fancy Wood generated a negative expected return over the last 90 days | |
| Fancy Wood has some characteristics of a very speculative penny stock | |
| Fancy Wood has high historical volatility and very poor performance | |
| The company reported the revenue of 209.77 M. Net Loss for the year was (61.31 M) with profit before overhead, payroll, taxes, and interest of 16.83 M. | |
| About 64.0% of the company shares are held by company insiders |
Other Information on Investing in Fancy Stock
Fancy Wood financial ratios help investors to determine whether Fancy 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 Fancy with respect to the benefits of owning Fancy Wood security.