Intouch Holdings (Thailand) Probability of Future Stock Price Finishing Over 83.5
| INTUCH-R | THB 95.00 2.75 2.81% |
Intouch |
Intouch Holdings Target Price Odds to finish over 83.5
The tendency of Intouch 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 stay above 83.50 in 90 days |
| 95.00 | 90 days | 83.50 | roughly 96.0 |
Based on a normal probability distribution, the odds of Intouch Holdings to stay above 83.50 in 90 days from now is roughly 96.0 (This Intouch Holdings Public probability density function shows the probability of Intouch Stock to fall within a particular range of prices over 90 days) . Probability of Intouch Holdings Public price to stay between 83.50 and its current price of 95.0 at the end of the 90-day period is about 35.2 .
Assuming the 90 days trading horizon Intouch Holdings has a beta of 0.24. This usually indicates as returns on the market go up, Intouch Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Intouch Holdings Public will be expected to be much smaller as well. Additionally Intouch Holdings Public has an alpha of 0.1635, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Intouch Holdings Price Density |
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Predictive Modules for Intouch Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Intouch Holdings Public. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intouch Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intouch Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Intouch Holdings is not an exception. The market had few large corrections towards the Intouch Holdings' 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 Intouch Holdings Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Intouch Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 7.74 | |
Ir | Information ratio | 0.03 |
Intouch Holdings 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 Intouch Stock often depends not only on the future outlook of the current and potential Intouch Holdings' 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. Intouch Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.2 B |
Intouch Holdings Technical Analysis
Intouch Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Intouch Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Intouch Holdings Public. In general, you should focus on analyzing Intouch Stock price patterns and their correlations with different microeconomic environments and drivers.
Intouch Holdings Predictive Forecast Models
Intouch Holdings' time-series forecasting models is one of many Intouch Holdings' 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 Intouch Holdings' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Intouch Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Intouch Holdings' short interest history, or implied volatility extrapolated from Intouch Holdings options trading.
Other Information on Investing in Intouch Stock
Intouch Holdings financial ratios help investors to determine whether Intouch 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 Intouch with respect to the benefits of owning Intouch Holdings security.