Better World (Thailand) Probability of Future Stock Price Finishing Over 11.34
| BWG Stock | THB 0.42 0.01 2.44% |
Better |
Better World Target Price Odds to finish over 11.34
The tendency of Better 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 11.34 or more in 90 days |
| 0.42 | 90 days | 11.34 | close to zero percent |
Based on a normal probability distribution, the odds of Better World to move over 11.34 or more in 90 days from now is close to zero percent (This Better World Green probability density function shows the probability of Better Stock to fall within a particular range of prices over 90 days) . Probability of Better World Green price to stay between its current price of 0.42 and 11.34 at the end of the 90-day period is about 90.52 .
Assuming the 90 days trading horizon Better World Green has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding Better World are expected to decrease at a much lower rate. During a bear market, however, Better World Green is likely to outperform the market. Additionally Better World Green has an alpha of 0.0765, implying that it can generate a 0.0765 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Better World Price Density |
| Price |
Predictive Modules for Better World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Better World Green. 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.Better World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Better World is not an exception. The market had few large corrections towards the Better World'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 Better World Green, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Better World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.02 |
Better World 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 Better World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Better World Green can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Better World Green has some characteristics of a very speculative penny stock | |
| Better World Green had very high historical volatility over the last 90 days | |
| The company reported the revenue of 2.18 B. Net Loss for the year was (165.53 M) with profit before overhead, payroll, taxes, and interest of 477.27 M. | |
| About 22.0% of the company shares are held by company insiders |
Better World 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 Better Stock often depends not only on the future outlook of the current and potential Better World'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. Better World's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.6 B |
Better World Technical Analysis
Better World's future price can be derived by breaking down and analyzing its technical indicators over time. Better Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Better World Green. In general, you should focus on analyzing Better Stock price patterns and their correlations with different microeconomic environments and drivers.
Better World Predictive Forecast Models
Better World's time-series forecasting models is one of many Better World'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 Better World'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 Better World Green
Checking the ongoing alerts about Better World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Better World Green help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Better World Green has some characteristics of a very speculative penny stock | |
| Better World Green had very high historical volatility over the last 90 days | |
| The company reported the revenue of 2.18 B. Net Loss for the year was (165.53 M) with profit before overhead, payroll, taxes, and interest of 477.27 M. | |
| About 22.0% of the company shares are held by company insiders |
Other Information on Investing in Better Stock
Better World financial ratios help investors to determine whether Better 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 Better with respect to the benefits of owning Better World security.