Country Group (Thailand) Probability of Future Stock Price Finishing Over 0.33
| CGD Stock | THB 0.33 0.01 2.94% |
Country |
Country Group Target Price Odds to finish over 0.33
The tendency of Country 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 |
| 0.33 | 90 days | 0.33 | about 50.0 |
Based on a normal probability distribution, the odds of Country Group to move above the current price in 90 days from now is about 50.0 (This Country Group Development probability density function shows the probability of Country Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Country Group Development has a beta of -0.17 suggesting as returns on the benchmark increase, returns on holding Country Group are expected to decrease at a much lower rate. During a bear market, however, Country Group Development is likely to outperform the market. Additionally Country Group Development has an alpha of 0.0345, implying that it can generate a 0.0345 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Country Group Price Density |
| Price |
Predictive Modules for Country 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 Country Group Development. 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.Country Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Country Group is not an exception. The market had few large corrections towards the Country 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 Country Group Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Country Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
Country 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 Country Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Country Group Development can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Country Group is way too risky over 90 days horizon | |
| Country Group has some characteristics of a very speculative penny stock | |
| Country Group appears to be risky and price may revert if volatility continues | |
| Country Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.18 B. Net Loss for the year was (1.06 B) with profit before overhead, payroll, taxes, and interest of 1.63 B. | |
| Country Group Development has accumulated about 1.37 B in cash with (4.92 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 53.0% of the company shares are held by company insiders |
Country 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 Country Stock often depends not only on the future outlook of the current and potential Country 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. Country Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.3 B |
Country Group Technical Analysis
Country Group's future price can be derived by breaking down and analyzing its technical indicators over time. Country Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Country Group Development. In general, you should focus on analyzing Country Stock price patterns and their correlations with different microeconomic environments and drivers.
Country Group Predictive Forecast Models
Country Group's time-series forecasting models is one of many Country 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 Country 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 Country Group Development
Checking the ongoing alerts about Country Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Country Group Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Country Group is way too risky over 90 days horizon | |
| Country Group has some characteristics of a very speculative penny stock | |
| Country Group appears to be risky and price may revert if volatility continues | |
| Country Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 3.18 B. Net Loss for the year was (1.06 B) with profit before overhead, payroll, taxes, and interest of 1.63 B. | |
| Country Group Development has accumulated about 1.37 B in cash with (4.92 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 53.0% of the company shares are held by company insiders |
Other Information on Investing in Country Stock
Country Group financial ratios help investors to determine whether Country 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 Country with respect to the benefits of owning Country Group security.