Carabao Group (Thailand) Probability of Future Stock Price Finishing Over 79.5
| CBG Stock | THB 79.50 0.75 0.95% |
Carabao |
Carabao Group Target Price Odds to finish over 79.5
The tendency of Carabao 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 above the current price in 90 days |
| 79.50 | 90 days | 79.50 | about 21.24 |
Based on a normal probability distribution, the odds of Carabao Group to move above the current price in 90 days from now is about 21.24 (This Carabao Group Public probability density function shows the probability of Carabao Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Carabao Group Public has a beta of -0.24 suggesting as returns on the benchmark increase, returns on holding Carabao Group are expected to decrease at a much lower rate. During a bear market, however, Carabao Group Public is likely to outperform the market. Additionally Carabao Group Public has an alpha of 0.2595, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Carabao Group Price Density |
| Price |
Predictive Modules for Carabao Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carabao Group 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.Carabao Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Carabao Group is not an exception. The market had few large corrections towards the Carabao Group'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 Carabao Group Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Carabao Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 4.46 | |
Ir | Information ratio | 0.08 |
Carabao Group 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 Carabao Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Carabao Group 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.| Carabao Group Public has accumulated 3.12 B in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Carabao Group Public has a current ratio of 0.63, 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 Carabao Group until it has trouble settling it off, either with new capital or with free cash flow. So, Carabao Group'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 Carabao Group Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carabao to invest in growth at high rates of return. When we think about Carabao Group's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Carabao Group shares are held by company insiders |
Carabao Group 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 Carabao Stock often depends not only on the future outlook of the current and potential Carabao Group'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. Carabao Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1000 M |
Carabao Group Technical Analysis
Carabao Group's future price can be derived by breaking down and analyzing its technical indicators over time. Carabao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Carabao Group Public. In general, you should focus on analyzing Carabao Stock price patterns and their correlations with different microeconomic environments and drivers.
Carabao Group Predictive Forecast Models
Carabao Group's time-series forecasting models is one of many Carabao Group'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 Carabao Group'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 Carabao Group Public
Checking the ongoing alerts about Carabao Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Carabao Group Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Carabao Group Public has accumulated 3.12 B in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Carabao Group Public has a current ratio of 0.63, 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 Carabao Group until it has trouble settling it off, either with new capital or with free cash flow. So, Carabao Group'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 Carabao Group Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carabao to invest in growth at high rates of return. When we think about Carabao Group's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Carabao Group shares are held by company insiders |
Other Information on Investing in Carabao Stock
Carabao Group financial ratios help investors to determine whether Carabao 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 Carabao with respect to the benefits of owning Carabao Group security.