PTT GLBL (Germany) Odds of Future Stock Price Finishing Over 0.69
| GCB1 Stock | EUR 0.69 0.02 2.99% |
PTT |
PTT GLBL Target Price Odds to finish over 0.69
The tendency of PTT 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 |
| 0.69 | 90 days | 0.69 | about 73.4 |
Based on a normal probability distribution, the odds of PTT GLBL to move above the current price in 90 days from now is about 73.4 (This PTT GLBL CHEM NVDR probability density function shows the probability of PTT Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon PTT GLBL has a beta of 0.37. This usually indicates as returns on the market go up, PTT GLBL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PTT GLBL CHEM NVDR will be expected to be much smaller as well. Additionally PTT GLBL CHEM NVDR has an alpha of 0.0325, implying that it can generate a 0.0325 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PTT GLBL Price Density |
| Price |
Predictive Modules for PTT GLBL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTT GLBL CHEM. 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.PTT GLBL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTT GLBL is not an exception. The market had few large corrections towards the PTT GLBL'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 PTT GLBL CHEM NVDR , one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTT GLBL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.01 |
PTT GLBL 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 PTT GLBL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PTT GLBL CHEM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PTT GLBL CHEM generated a negative expected return over the last 90 days | |
| PTT GLBL CHEM has some characteristics of a very speculative penny stock | |
| PTT GLBL CHEM has high likelihood to experience some financial distress in the next 2 years |
PTT GLBL 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 PTT Stock often depends not only on the future outlook of the current and potential PTT GLBL'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. PTT GLBL's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0495 | |
| Forward Annual Dividend Rate | 0.07 | |
| Shares Float | 2.2 B |
PTT GLBL Technical Analysis
PTT GLBL's future price can be derived by breaking down and analyzing its technical indicators over time. PTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTT GLBL CHEM NVDR . In general, you should focus on analyzing PTT Stock price patterns and their correlations with different microeconomic environments and drivers.
PTT GLBL Predictive Forecast Models
PTT GLBL's time-series forecasting models is one of many PTT GLBL'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 PTT GLBL'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 PTT GLBL CHEM
Checking the ongoing alerts about PTT GLBL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PTT GLBL CHEM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PTT GLBL CHEM generated a negative expected return over the last 90 days | |
| PTT GLBL CHEM has some characteristics of a very speculative penny stock | |
| PTT GLBL CHEM has high likelihood to experience some financial distress in the next 2 years |
Other Information on Investing in PTT Stock
PTT GLBL financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT GLBL security.