Thonburi Medical (Thailand) Probability of Future Stock Price Finishing Over 95.65
| KDH Stock | THB 95.75 0.25 0.26% |
Thonburi |
Thonburi Medical Target Price Odds to finish over 95.65
The tendency of Thonburi 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 95.65 in 90 days |
| 95.75 | 90 days | 95.65 | about 34.49 |
Based on a normal probability distribution, the odds of Thonburi Medical to stay above 95.65 in 90 days from now is about 34.49 (This Thonburi Medical Centre probability density function shows the probability of Thonburi Stock to fall within a particular range of prices over 90 days) . Probability of Thonburi Medical Centre price to stay between 95.65 and its current price of 95.75 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Thonburi Medical has a beta of 0.18. This indicates as returns on the market go up, Thonburi Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thonburi Medical Centre will be expected to be much smaller as well. Additionally Thonburi Medical Centre has an alpha of 0.0254, implying that it can generate a 0.0254 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thonburi Medical Price Density |
| Price |
Predictive Modules for Thonburi Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thonburi Medical Centre. 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.Thonburi Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thonburi Medical is not an exception. The market had few large corrections towards the Thonburi Medical'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 Thonburi Medical Centre, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thonburi Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 16.08 | |
Ir | Information ratio | -0.07 |
Thonburi Medical 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 Thonburi Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thonburi Medical Centre can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thonburi Medical is way too risky over 90 days horizon | |
| Thonburi Medical appears to be risky and price may revert if volatility continues | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
Thonburi Medical 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 Thonburi Stock often depends not only on the future outlook of the current and potential Thonburi Medical'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. Thonburi Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.4 M |
Thonburi Medical Technical Analysis
Thonburi Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Thonburi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thonburi Medical Centre. In general, you should focus on analyzing Thonburi Stock price patterns and their correlations with different microeconomic environments and drivers.
Thonburi Medical Predictive Forecast Models
Thonburi Medical's time-series forecasting models is one of many Thonburi Medical'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 Thonburi Medical'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 Thonburi Medical Centre
Checking the ongoing alerts about Thonburi Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thonburi Medical Centre help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thonburi Medical is way too risky over 90 days horizon | |
| Thonburi Medical appears to be risky and price may revert if volatility continues | |
| About 78.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Thonburi Stock
Thonburi Medical financial ratios help investors to determine whether Thonburi 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 Thonburi with respect to the benefits of owning Thonburi Medical security.