ABSOLUTE CLEAN (Thailand) Probability of Future Stock Price Finishing Under 1.29
| ACE-R Stock | THB 1.29 0.01 0.77% |
ABSOLUTE |
ABSOLUTE CLEAN Target Price Odds to finish below 1.29
The tendency of ABSOLUTE 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 below current price in 90 days |
| 1.29 | 90 days | 1.29 | near 1 |
Based on a normal probability distribution, the odds of ABSOLUTE CLEAN to move below current price in 90 days from now is near 1 (This ABSOLUTE CLEAN ENERGY probability density function shows the probability of ABSOLUTE Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ABSOLUTE CLEAN ENERGY has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding ABSOLUTE CLEAN are expected to decrease at a much lower rate. During a bear market, however, ABSOLUTE CLEAN ENERGY is likely to outperform the market. Additionally ABSOLUTE CLEAN ENERGY 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. ABSOLUTE CLEAN Price Density |
| Price |
Predictive Modules for ABSOLUTE CLEAN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABSOLUTE CLEAN ENERGY. 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.ABSOLUTE CLEAN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABSOLUTE CLEAN is not an exception. The market had few large corrections towards the ABSOLUTE CLEAN'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 ABSOLUTE CLEAN ENERGY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABSOLUTE CLEAN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.16 |
ABSOLUTE CLEAN 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 ABSOLUTE CLEAN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABSOLUTE CLEAN ENERGY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ABSOLUTE CLEAN generated a negative expected return over the last 90 days | |
| ABSOLUTE CLEAN may become a speculative penny stock | |
| ABSOLUTE CLEAN has high historical volatility and very poor performance |
ABSOLUTE CLEAN 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 ABSOLUTE Stock often depends not only on the future outlook of the current and potential ABSOLUTE CLEAN'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. ABSOLUTE CLEAN's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 0.05 | |
| Float Shares | 2.47B | |
| Average Daily Volume Last 10 Day | 722.15k | |
| Average Daily Volume In Three Month | 2.74M | |
| Trailing Annual Dividend Yield | 1.33% |
ABSOLUTE CLEAN Technical Analysis
ABSOLUTE CLEAN's future price can be derived by breaking down and analyzing its technical indicators over time. ABSOLUTE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABSOLUTE CLEAN ENERGY. In general, you should focus on analyzing ABSOLUTE Stock price patterns and their correlations with different microeconomic environments and drivers.
ABSOLUTE CLEAN Predictive Forecast Models
ABSOLUTE CLEAN's time-series forecasting models is one of many ABSOLUTE CLEAN'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 ABSOLUTE CLEAN'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 ABSOLUTE CLEAN ENERGY
Checking the ongoing alerts about ABSOLUTE CLEAN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABSOLUTE CLEAN ENERGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ABSOLUTE CLEAN generated a negative expected return over the last 90 days | |
| ABSOLUTE CLEAN may become a speculative penny stock | |
| ABSOLUTE CLEAN has high historical volatility and very poor performance |
Other Information on Investing in ABSOLUTE Stock
ABSOLUTE CLEAN financial ratios help investors to determine whether ABSOLUTE 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 ABSOLUTE with respect to the benefits of owning ABSOLUTE CLEAN security.