Chai Watana (Thailand) Probability of Future Stock Price Finishing Under 1.05
| CWT Stock | THB 1.07 0.06 5.94% |
Chai |
Chai Watana Target Price Odds to finish below 1.05
The tendency of Chai 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 drop to 1.05 or more in 90 days |
| 1.07 | 90 days | 1.05 | about 30.75 |
Based on a normal probability distribution, the odds of Chai Watana to drop to 1.05 or more in 90 days from now is about 30.75 (This Chai Watana Tannery probability density function shows the probability of Chai Stock to fall within a particular range of prices over 90 days) . Probability of Chai Watana Tannery price to stay between 1.05 and its current price of 1.07 at the end of the 90-day period is nearly 4.53 .
Assuming the 90 days trading horizon Chai Watana has a beta of 0.12 suggesting as returns on the market go up, Chai Watana average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chai Watana Tannery will be expected to be much smaller as well. Additionally Chai Watana Tannery 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. Chai Watana Price Density |
| Price |
Predictive Modules for Chai Watana
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chai Watana Tannery. 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.Chai Watana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chai Watana is not an exception. The market had few large corrections towards the Chai Watana'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 Chai Watana Tannery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chai Watana within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.19 |
Chai Watana 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 Chai Watana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chai Watana Tannery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chai Watana Tannery is way too risky over 90 days horizon | |
| Chai Watana Tannery has some characteristics of a very speculative penny stock | |
| Chai Watana Tannery appears to be risky and price may revert if volatility continues | |
| Chai Watana Tannery has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 45.0% of the company shares are held by company insiders |
Chai Watana 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 Chai Stock often depends not only on the future outlook of the current and potential Chai Watana'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. Chai Watana's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 630.1 M |
Chai Watana Technical Analysis
Chai Watana's future price can be derived by breaking down and analyzing its technical indicators over time. Chai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chai Watana Tannery. In general, you should focus on analyzing Chai Stock price patterns and their correlations with different microeconomic environments and drivers.
Chai Watana Predictive Forecast Models
Chai Watana's time-series forecasting models is one of many Chai Watana'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 Chai Watana'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 Chai Watana Tannery
Checking the ongoing alerts about Chai Watana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chai Watana Tannery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chai Watana Tannery is way too risky over 90 days horizon | |
| Chai Watana Tannery has some characteristics of a very speculative penny stock | |
| Chai Watana Tannery appears to be risky and price may revert if volatility continues | |
| Chai Watana Tannery has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 45.0% of the company shares are held by company insiders |
Other Information on Investing in Chai Stock
Chai Watana financial ratios help investors to determine whether Chai 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 Chai with respect to the benefits of owning Chai Watana security.