ALT Telecom (Thailand) Probability of Future Stock Price Finishing Under 0.75
| ALT Stock | THB 1.13 0.01 0.89% |
ALT |
ALT Telecom Target Price Odds to finish below 0.75
The tendency of ALT 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 0.75 or more in 90 days |
| 1.13 | 90 days | 0.75 | near 1 |
Based on a normal probability distribution, the odds of ALT Telecom to drop to 0.75 or more in 90 days from now is near 1 (This ALT Telecom Public probability density function shows the probability of ALT Stock to fall within a particular range of prices over 90 days) . Probability of ALT Telecom Public price to stay between 0.75 and its current price of 1.13 at the end of the 90-day period is about 39.68 .
Assuming the 90 days trading horizon ALT Telecom Public has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding ALT Telecom are expected to decrease at a much lower rate. During a bear market, however, ALT Telecom Public is likely to outperform the market. Additionally ALT Telecom Public 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. ALT Telecom Price Density |
| Price |
Predictive Modules for ALT Telecom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALT Telecom 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.ALT Telecom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALT Telecom is not an exception. The market had few large corrections towards the ALT Telecom'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 ALT Telecom Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALT Telecom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.09 |
ALT Telecom 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 ALT Telecom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ALT Telecom 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.| ALT Telecom Public is way too risky over 90 days horizon | |
| ALT Telecom Public may become a speculative penny stock | |
| ALT Telecom Public appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.07 B. Net Loss for the year was (133.27 M) with profit before overhead, payroll, taxes, and interest of 81.8 M. | |
| About 72.0% of the company shares are held by company insiders |
ALT Telecom 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 ALT Stock often depends not only on the future outlook of the current and potential ALT Telecom'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. ALT Telecom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Short Long Term Debt | 197.5 M |
ALT Telecom Technical Analysis
ALT Telecom's future price can be derived by breaking down and analyzing its technical indicators over time. ALT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALT Telecom Public. In general, you should focus on analyzing ALT Stock price patterns and their correlations with different microeconomic environments and drivers.
ALT Telecom Predictive Forecast Models
ALT Telecom's time-series forecasting models is one of many ALT Telecom'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 ALT Telecom'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 ALT Telecom Public
Checking the ongoing alerts about ALT Telecom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ALT Telecom Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ALT Telecom Public is way too risky over 90 days horizon | |
| ALT Telecom Public may become a speculative penny stock | |
| ALT Telecom Public appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 1.07 B. Net Loss for the year was (133.27 M) with profit before overhead, payroll, taxes, and interest of 81.8 M. | |
| About 72.0% of the company shares are held by company insiders |
Other Information on Investing in ALT Stock
ALT Telecom financial ratios help investors to determine whether ALT 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 ALT with respect to the benefits of owning ALT Telecom security.