JAS Asset (Thailand) Probability of Future Stock Price Finishing Over 1.21
| J Stock | THB 1.25 0.02 1.63% |
JAS |
JAS Asset Target Price Odds to finish over 1.21
The tendency of JAS 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 1.21 in 90 days |
| 1.25 | 90 days | 1.21 | about 86.77 |
Based on a normal probability distribution, the odds of JAS Asset to stay above 1.21 in 90 days from now is about 86.77 (This JAS Asset PCL probability density function shows the probability of JAS Stock to fall within a particular range of prices over 90 days) . Probability of JAS Asset PCL price to stay between 1.21 and its current price of 1.25 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days JAS Asset PCL has a beta of -0.13. This indicates as returns on the benchmark increase, returns on holding JAS Asset are expected to decrease at a much lower rate. During a bear market, however, JAS Asset PCL is likely to outperform the market. Additionally JAS Asset PCL 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. JAS Asset Price Density |
| Price |
Predictive Modules for JAS Asset
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JAS Asset PCL. 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.JAS Asset Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JAS Asset is not an exception. The market had few large corrections towards the JAS Asset'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 JAS Asset PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JAS Asset within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.33 |
JAS Asset 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 JAS Asset for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JAS Asset PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JAS Asset PCL is way too risky over 90 days horizon | |
| JAS Asset PCL may become a speculative penny stock | |
| JAS Asset PCL appears to be risky and price may revert if volatility continues | |
| JAS Asset PCL has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| JAS Asset PCL currently holds 558.29 M in liabilities with Debt to Equity (D/E) ratio of 125.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. JAS Asset PCL has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist JAS Asset until it has trouble settling it off, either with new capital or with free cash flow. So, JAS Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like JAS Asset PCL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JAS to invest in growth at high rates of return. When we think about JAS Asset's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of JAS Asset shares are held by company insiders |
JAS Asset 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 JAS Stock often depends not only on the future outlook of the current and potential JAS Asset'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. JAS Asset's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
JAS Asset Technical Analysis
JAS Asset's future price can be derived by breaking down and analyzing its technical indicators over time. JAS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JAS Asset PCL. In general, you should focus on analyzing JAS Stock price patterns and their correlations with different microeconomic environments and drivers.
JAS Asset Predictive Forecast Models
JAS Asset's time-series forecasting models is one of many JAS Asset'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 JAS Asset'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 JAS Asset PCL
Checking the ongoing alerts about JAS Asset for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JAS Asset PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JAS Asset PCL is way too risky over 90 days horizon | |
| JAS Asset PCL may become a speculative penny stock | |
| JAS Asset PCL appears to be risky and price may revert if volatility continues | |
| JAS Asset PCL has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| JAS Asset PCL currently holds 558.29 M in liabilities with Debt to Equity (D/E) ratio of 125.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. JAS Asset PCL has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist JAS Asset until it has trouble settling it off, either with new capital or with free cash flow. So, JAS Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like JAS Asset PCL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JAS to invest in growth at high rates of return. When we think about JAS Asset's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of JAS Asset shares are held by company insiders |
Other Information on Investing in JAS Stock
JAS Asset financial ratios help investors to determine whether JAS 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 JAS with respect to the benefits of owning JAS Asset security.