Asia Aviation (Thailand) Probability of Future Stock Price Finishing Under 2.94
| AAV Stock | THB 2.82 0.04 1.44% |
Asia |
Asia Aviation Target Price Odds to finish below 2.94
The tendency of Asia 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 under 2.94 after 90 days |
| 2.82 | 90 days | 2.94 | about 77.45 |
Based on a normal probability distribution, the odds of Asia Aviation to stay under 2.94 after 90 days from now is about 77.45 (This Asia Aviation Public probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) . Probability of Asia Aviation Public price to stay between its current price of 2.82 and 2.94 at the end of the 90-day period is about 10.81 .
Assuming the 90 days trading horizon Asia Aviation Public has a beta of -0.41. This suggests as returns on the benchmark increase, returns on holding Asia Aviation are expected to decrease at a much lower rate. During a bear market, however, Asia Aviation Public is likely to outperform the market. Additionally Asia Aviation Public has an alpha of 0.3226, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Asia Aviation Price Density |
| Price |
Predictive Modules for Asia Aviation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Aviation Public. 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.Asia Aviation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asia Aviation is not an exception. The market had few large corrections towards the Asia Aviation'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 Asia Aviation Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asia Aviation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | -0.41 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | 0.07 |
Asia Aviation 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 Asia Aviation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asia Aviation Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asia Aviation Public is way too risky over 90 days horizon | |
| Asia Aviation Public appears to be risky and price may revert if volatility continues | |
| Asia Aviation Public has accumulated 4.09 Billion in debt which can lead to volatile earnings | |
| Asia Aviation Public has accumulated 4.09 B in total debt with debt to equity ratio (D/E) of 70.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Asia Aviation Public has a current ratio of 0.67, 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 Asia Aviation until it has trouble settling it off, either with new capital or with free cash flow. So, Asia Aviation'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 Asia Aviation Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asia to invest in growth at high rates of return. When we think about Asia Aviation's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.83 B. Net Loss for the year was (6.65 B) with loss before overhead, payroll, taxes, and interest of (7.11 B). | |
| Asia Aviation Public has accumulated about 4.23 B in cash with (4.35 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87. | |
| Roughly 70.0% of Asia Aviation shares are held by company insiders |
Asia Aviation 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 Asia Stock often depends not only on the future outlook of the current and potential Asia Aviation'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. Asia Aviation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.9 B |
Asia Aviation Technical Analysis
Asia Aviation's future price can be derived by breaking down and analyzing its technical indicators over time. Asia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asia Aviation Public. In general, you should focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environments and drivers.
Asia Aviation Predictive Forecast Models
Asia Aviation's time-series forecasting models is one of many Asia Aviation'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 Asia Aviation'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 Asia Aviation Public
Checking the ongoing alerts about Asia Aviation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asia Aviation Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asia Aviation Public is way too risky over 90 days horizon | |
| Asia Aviation Public appears to be risky and price may revert if volatility continues | |
| Asia Aviation Public has accumulated 4.09 Billion in debt which can lead to volatile earnings | |
| Asia Aviation Public has accumulated 4.09 B in total debt with debt to equity ratio (D/E) of 70.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Asia Aviation Public has a current ratio of 0.67, 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 Asia Aviation until it has trouble settling it off, either with new capital or with free cash flow. So, Asia Aviation'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 Asia Aviation Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asia to invest in growth at high rates of return. When we think about Asia Aviation's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.83 B. Net Loss for the year was (6.65 B) with loss before overhead, payroll, taxes, and interest of (7.11 B). | |
| Asia Aviation Public has accumulated about 4.23 B in cash with (4.35 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87. | |
| Roughly 70.0% of Asia Aviation shares are held by company insiders |
Other Information on Investing in Asia Stock
Asia Aviation financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Aviation security.