Cho Thavee (Thailand) Probability of Future Stock Price Finishing Over 0.41
| CHO Stock | THB 0.05 0.01 25.00% |
Cho |
Cho Thavee Target Price Odds to finish over 0.41
The tendency of Cho 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 0.41 or more in 90 days |
| 0.05 | 90 days | 0.41 | close to zero percent |
Based on a normal probability distribution, the odds of Cho Thavee to move over 0.41 or more in 90 days from now is close to zero percent (This Cho Thavee Public probability density function shows the probability of Cho Stock to fall within a particular range of prices over 90 days) . Probability of Cho Thavee Public price to stay between its current price of 0.05 and 0.41 at the end of the 90-day period is about 68.61 .
Assuming the 90 days trading horizon Cho Thavee Public has a beta of -2.82 suggesting as returns on its benchmark rise, returns on holding Cho Thavee Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cho Thavee is expected to outperform its benchmark. Additionally Cho Thavee Public has an alpha of 0.4413, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cho Thavee Price Density |
| Price |
Predictive Modules for Cho Thavee
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cho Thavee 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.Cho Thavee Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cho Thavee is not an exception. The market had few large corrections towards the Cho Thavee'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 Cho Thavee Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cho Thavee within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -2.82 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0041 |
Cho Thavee 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 Cho Thavee for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cho Thavee 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.| Cho Thavee Public is way too risky over 90 days horizon | |
| Cho Thavee Public has some characteristics of a very speculative penny stock | |
| Cho Thavee Public appears to be risky and price may revert if volatility continues | |
| Cho Thavee Public 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 401.87 M. Net Loss for the year was (475.32 M) with loss before overhead, payroll, taxes, and interest of (32.74 M). | |
| Cho Thavee Public has accumulated about 26.64 M in cash with (37.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 37.0% of the company shares are held by company insiders |
Cho Thavee 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 Cho Stock often depends not only on the future outlook of the current and potential Cho Thavee'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. Cho Thavee's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B |
Cho Thavee Technical Analysis
Cho Thavee's future price can be derived by breaking down and analyzing its technical indicators over time. Cho Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cho Thavee Public. In general, you should focus on analyzing Cho Stock price patterns and their correlations with different microeconomic environments and drivers.
Cho Thavee Predictive Forecast Models
Cho Thavee's time-series forecasting models is one of many Cho Thavee'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 Cho Thavee'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 Cho Thavee Public
Checking the ongoing alerts about Cho Thavee for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cho Thavee Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cho Thavee Public is way too risky over 90 days horizon | |
| Cho Thavee Public has some characteristics of a very speculative penny stock | |
| Cho Thavee Public appears to be risky and price may revert if volatility continues | |
| Cho Thavee Public 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 401.87 M. Net Loss for the year was (475.32 M) with loss before overhead, payroll, taxes, and interest of (32.74 M). | |
| Cho Thavee Public has accumulated about 26.64 M in cash with (37.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 37.0% of the company shares are held by company insiders |
Other Information on Investing in Cho Stock
Cho Thavee financial ratios help investors to determine whether Cho 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 Cho with respect to the benefits of owning Cho Thavee security.