HEMARAJ INDUSTRIAL (Thailand) Probability of Future Stock Price Finishing Over 547.79
| HPF Stock | THB 4.92 0.02 0.40% |
HEMARAJ |
HEMARAJ INDUSTRIAL Target Price Odds to finish over 547.79
The tendency of HEMARAJ 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 547.79 or more in 90 days |
| 4.92 | 90 days | 547.79 | close to zero percent |
Based on a normal probability distribution, the odds of HEMARAJ INDUSTRIAL to move over 547.79 or more in 90 days from now is close to zero percent (This HEMARAJ INDUSTRIAL PROPERTY probability density function shows the probability of HEMARAJ Stock to fall within a particular range of prices over 90 days) . Probability of HEMARAJ INDUSTRIAL price to stay between its current price of 4.92 and 547.79 at the end of the 90-day period is about 43.99 .
Assuming the 90 days trading horizon HEMARAJ INDUSTRIAL PROPERTY has a beta of -0.0805. This usually indicates as returns on the benchmark increase, returns on holding HEMARAJ INDUSTRIAL are expected to decrease at a much lower rate. During a bear market, however, HEMARAJ INDUSTRIAL PROPERTY is likely to outperform the market. Additionally HEMARAJ INDUSTRIAL PROPERTY has an alpha of 0.0683, implying that it can generate a 0.0683 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HEMARAJ INDUSTRIAL Price Density |
| Price |
Predictive Modules for HEMARAJ INDUSTRIAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HEMARAJ INDUSTRIAL. 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.HEMARAJ INDUSTRIAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HEMARAJ INDUSTRIAL is not an exception. The market had few large corrections towards the HEMARAJ INDUSTRIAL'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 HEMARAJ INDUSTRIAL PROPERTY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HEMARAJ INDUSTRIAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | -0.06 |
HEMARAJ INDUSTRIAL 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 HEMARAJ INDUSTRIAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HEMARAJ INDUSTRIAL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HEMARAJ INDUSTRIAL is way too risky over 90 days horizon | |
| HEMARAJ INDUSTRIAL appears to be risky and price may revert if volatility continues | |
| About 55.0% of the company shares are held by company insiders |
HEMARAJ INDUSTRIAL 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 HEMARAJ Stock often depends not only on the future outlook of the current and potential HEMARAJ INDUSTRIAL'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. HEMARAJ INDUSTRIAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 39 M | |
| Shares Float | 309.8 M |
HEMARAJ INDUSTRIAL Technical Analysis
HEMARAJ INDUSTRIAL's future price can be derived by breaking down and analyzing its technical indicators over time. HEMARAJ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HEMARAJ INDUSTRIAL PROPERTY. In general, you should focus on analyzing HEMARAJ Stock price patterns and their correlations with different microeconomic environments and drivers.
HEMARAJ INDUSTRIAL Predictive Forecast Models
HEMARAJ INDUSTRIAL's time-series forecasting models is one of many HEMARAJ INDUSTRIAL'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 HEMARAJ INDUSTRIAL'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 HEMARAJ INDUSTRIAL
Checking the ongoing alerts about HEMARAJ INDUSTRIAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HEMARAJ INDUSTRIAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HEMARAJ INDUSTRIAL is way too risky over 90 days horizon | |
| HEMARAJ INDUSTRIAL appears to be risky and price may revert if volatility continues | |
| About 55.0% of the company shares are held by company insiders |
Other Information on Investing in HEMARAJ Stock
HEMARAJ INDUSTRIAL financial ratios help investors to determine whether HEMARAJ 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 HEMARAJ with respect to the benefits of owning HEMARAJ INDUSTRIAL security.