Nfc PLC (Thailand) Odds of Future Stock Price Finishing Over 2.74
| NFC Stock | THB 2.16 0.04 1.89% |
Nfc |
Nfc PLC Target Price Odds to finish over 2.74
The tendency of Nfc 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 2.74 or more in 90 days |
| 2.16 | 90 days | 2.74 | about 82.03 |
Based on a normal probability distribution, the odds of Nfc PLC to move over 2.74 or more in 90 days from now is about 82.03 (This Nfc PLC probability density function shows the probability of Nfc Stock to fall within a particular range of prices over 90 days) . Probability of Nfc PLC price to stay between its current price of 2.16 and 2.74 at the end of the 90-day period is about 17.92 .
Assuming the 90 days trading horizon Nfc PLC has a beta of -0.25. This indicates as returns on the benchmark increase, returns on holding Nfc PLC are expected to decrease at a much lower rate. During a bear market, however, Nfc PLC is likely to outperform the market. Additionally Nfc PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Nfc PLC Price Density |
| Price |
Predictive Modules for Nfc PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nfc PLC. 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 Nfc PLC'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.
Nfc PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nfc PLC is not an exception. The market had few large corrections towards the Nfc PLC'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 Nfc PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nfc PLC within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.42 | |
β | Beta against NYSE Composite | -0.25 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.12 |
Nfc PLC 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 Nfc PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nfc PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nfc PLC generated a negative expected return over the last 90 days | |
| Nfc PLC has high historical volatility and very poor performance | |
| Nfc PLC has accumulated about 799.44 M in cash with (102.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Roughly 96.0% of the company outstanding shares are owned by corporate insiders |
Nfc PLC 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 Nfc Stock often depends not only on the future outlook of the current and potential Nfc PLC'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. Nfc PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Nfc PLC Technical Analysis
Nfc PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Nfc Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nfc PLC. In general, you should focus on analyzing Nfc Stock price patterns and their correlations with different microeconomic environments and drivers.
Nfc PLC Predictive Forecast Models
Nfc PLC's time-series forecasting models is one of many Nfc PLC'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 Nfc PLC'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 Nfc PLC
Checking the ongoing alerts about Nfc PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nfc PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nfc PLC generated a negative expected return over the last 90 days | |
| Nfc PLC has high historical volatility and very poor performance | |
| Nfc PLC has accumulated about 799.44 M in cash with (102.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Roughly 96.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nfc Stock
Nfc PLC financial ratios help investors to determine whether Nfc 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 Nfc with respect to the benefits of owning Nfc PLC security.