Thai Energy (Thailand) Probability of Future Stock Price Finishing Over 40.38
| 3K-BAT Stock | THB 53.75 0.25 0.46% |
Thai |
Thai Energy Target Price Odds to finish over 40.38
The tendency of Thai 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 stay above 40.38 in 90 days |
| 53.75 | 90 days | 40.38 | roughly 97.0 |
Based on a normal probability distribution, the odds of Thai Energy to stay above 40.38 in 90 days from now is roughly 97.0 (This Thai Energy Storage probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Energy Storage price to stay between 40.38 and its current price of 53.75 at the end of the 90-day period is about 54.48 .
Assuming the 90 days trading horizon Thai Energy Storage has a beta of -0.0085. This suggests as returns on the benchmark increase, returns on holding Thai Energy are expected to decrease at a much lower rate. During a bear market, however, Thai Energy Storage is likely to outperform the market. Additionally Thai Energy Storage has an alpha of 0.0127, implying that it can generate a 0.0127 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thai Energy Price Density |
| Price |
Predictive Modules for Thai Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Energy Storage. 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.Thai Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Energy is not an exception. The market had few large corrections towards the Thai Energy'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 Thai Energy Storage, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0085 | |
σ | Overall volatility | 6.57 | |
Ir | Information ratio | -0.37 |
Thai Energy 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 Thai Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Energy Storage can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thai Energy Storage is way too risky over 90 days horizon | |
| Thai Energy Storage appears to be risky and price may revert if volatility continues | |
| About 99.0% of the company shares are owned by insiders or employees |
Thai Energy 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 Thai Stock often depends not only on the future outlook of the current and potential Thai Energy'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. Thai Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 78.4 M |
Thai Energy Technical Analysis
Thai Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Energy Storage. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Energy Predictive Forecast Models
Thai Energy's time-series forecasting models is one of many Thai Energy'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 Thai Energy'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 Thai Energy Storage
Checking the ongoing alerts about Thai Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Energy Storage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Energy Storage is way too risky over 90 days horizon | |
| Thai Energy Storage appears to be risky and price may revert if volatility continues | |
| About 99.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Thai Stock
Thai Energy financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Energy security.