Earth Tech (Thailand) Probability of Future Stock Price Finishing Over 12.86
| ETC Stock | THB 1.94 0.01 0.52% |
Earth |
Earth Tech Target Price Odds to finish over 12.86
The tendency of Earth 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 12.86 or more in 90 days |
| 1.94 | 90 days | 12.86 | close to zero percent |
Based on a normal probability distribution, the odds of Earth Tech to move over 12.86 or more in 90 days from now is close to zero percent (This Earth Tech Environment probability density function shows the probability of Earth Stock to fall within a particular range of prices over 90 days) . Probability of Earth Tech Environment price to stay between its current price of 1.94 and 12.86 at the end of the 90-day period is about 86.81 .
Assuming the 90 days trading horizon Earth Tech has a beta of 0.63 suggesting as returns on the market go up, Earth Tech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Earth Tech Environment will be expected to be much smaller as well. Additionally Earth Tech Environment 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. Earth Tech Price Density |
| Price |
Predictive Modules for Earth Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Earth Tech Environment. 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.Earth Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Earth Tech is not an exception. The market had few large corrections towards the Earth Tech'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 Earth Tech Environment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Earth Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.07 |
Earth Tech 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 Earth Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Earth Tech Environment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Earth Tech generated a negative expected return over the last 90 days | |
| Earth Tech may become a speculative penny stock | |
| About 76.0% of the company shares are held by company insiders |
Earth Tech 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 Earth Stock often depends not only on the future outlook of the current and potential Earth Tech'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. Earth Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B |
Earth Tech Technical Analysis
Earth Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Earth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Earth Tech Environment. In general, you should focus on analyzing Earth Stock price patterns and their correlations with different microeconomic environments and drivers.
Earth Tech Predictive Forecast Models
Earth Tech's time-series forecasting models is one of many Earth Tech'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 Earth Tech'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 Earth Tech Environment
Checking the ongoing alerts about Earth Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Earth Tech Environment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Earth Tech generated a negative expected return over the last 90 days | |
| Earth Tech may become a speculative penny stock | |
| About 76.0% of the company shares are held by company insiders |
Other Information on Investing in Earth Stock
Earth Tech financial ratios help investors to determine whether Earth 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 Earth with respect to the benefits of owning Earth Tech security.