Bless Asset (Thailand) Probability of Future Stock Price Finishing Over 15.01
| BLESS Stock | 0.38 0.01 2.70% |
Bless |
Bless Asset Target Price Odds to finish over 15.01
The tendency of Bless 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 15.01 or more in 90 days |
| 0.38 | 90 days | 15.01 | close to zero percent |
Based on a normal probability distribution, the odds of Bless Asset to move over 15.01 or more in 90 days from now is close to zero percent (This Bless Asset Group probability density function shows the probability of Bless Stock to fall within a particular range of prices over 90 days) . Probability of Bless Asset Group price to stay between its current price of 0.38 and 15.01 at the end of the 90-day period is about 89.77 .
Assuming the 90 days trading horizon Bless Asset Group has a beta of -0.74 suggesting as returns on the benchmark increase, returns on holding Bless Asset are expected to decrease at a much lower rate. During a bear market, however, Bless Asset Group is likely to outperform the market. Additionally Bless Asset Group has an alpha of 0.0234, implying that it can generate a 0.0234 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bless Asset Price Density |
| Price |
Predictive Modules for Bless Asset
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bless Asset Group. 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 Bless Asset'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.
Bless Asset Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bless Asset is not an exception. The market had few large corrections towards the Bless Asset'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 Bless Asset Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bless Asset within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.74 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.04 |
Bless Asset 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 Bless Asset for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bless Asset Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bless Asset Group generated a negative expected return over the last 90 days | |
| Bless Asset Group has some characteristics of a very speculative penny stock | |
| Bless Asset Group has high historical volatility and very poor performance |
Bless Asset Technical Analysis
Bless Asset's future price can be derived by breaking down and analyzing its technical indicators over time. Bless Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bless Asset Group. In general, you should focus on analyzing Bless Stock price patterns and their correlations with different microeconomic environments and drivers.
Bless Asset Predictive Forecast Models
Bless Asset's time-series forecasting models is one of many Bless Asset'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 Bless Asset'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 Bless Asset Group
Checking the ongoing alerts about Bless Asset for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bless Asset Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bless Asset Group generated a negative expected return over the last 90 days | |
| Bless Asset Group has some characteristics of a very speculative penny stock | |
| Bless Asset Group has high historical volatility and very poor performance |