Centara Hotels (Thailand) Probability of Future Stock Price Finishing Over 182.47
| CTARAF Stock | THB 4.58 0.02 0.43% |
Centara |
Centara Hotels Target Price Odds to finish over 182.47
The tendency of Centara 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 182.47 or more in 90 days |
| 4.58 | 90 days | 182.47 | close to zero percent |
Based on a normal probability distribution, the odds of Centara Hotels to move over 182.47 or more in 90 days from now is close to zero percent (This Centara Hotels Resorts probability density function shows the probability of Centara Stock to fall within a particular range of prices over 90 days) . Probability of Centara Hotels Resorts price to stay between its current price of 4.58 and 182.47 at the end of the 90-day period is about 40.99 .
Assuming the 90 days trading horizon Centara Hotels has a beta of 0.34 suggesting as returns on the market go up, Centara Hotels average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Centara Hotels Resorts will be expected to be much smaller as well. Additionally Centara Hotels Resorts has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Centara Hotels Price Density |
| Price |
Predictive Modules for Centara Hotels
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centara Hotels Resorts. 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.Centara Hotels Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centara Hotels is not an exception. The market had few large corrections towards the Centara Hotels' 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 Centara Hotels Resorts, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centara Hotels within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.06 |
Centara Hotels 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 Centara Hotels for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centara Hotels Resorts can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centara Hotels is way too risky over 90 days horizon | |
| Centara Hotels appears to be risky and price may revert if volatility continues | |
| About 33.0% of the company shares are held by company insiders |
Centara Hotels 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 Centara Stock often depends not only on the future outlook of the current and potential Centara Hotels' 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. Centara Hotels' indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0153 | |
| Dividends Paid | 104.9 M | |
| Shares Float | 238.9 M |
Centara Hotels Technical Analysis
Centara Hotels' future price can be derived by breaking down and analyzing its technical indicators over time. Centara Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centara Hotels Resorts. In general, you should focus on analyzing Centara Stock price patterns and their correlations with different microeconomic environments and drivers.
Centara Hotels Predictive Forecast Models
Centara Hotels' time-series forecasting models is one of many Centara Hotels' 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 Centara Hotels' 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 Centara Hotels Resorts
Checking the ongoing alerts about Centara Hotels for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centara Hotels Resorts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centara Hotels is way too risky over 90 days horizon | |
| Centara Hotels appears to be risky and price may revert if volatility continues | |
| About 33.0% of the company shares are held by company insiders |
Other Information on Investing in Centara Stock
Centara Hotels financial ratios help investors to determine whether Centara 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 Centara with respect to the benefits of owning Centara Hotels security.