Nonthavej Hospital (Thailand) Probability of Future Stock Price Finishing Over 31.38
| NTV Stock | THB 31.50 0.25 0.80% |
Nonthavej |
Nonthavej Hospital Target Price Odds to finish over 31.38
The tendency of Nonthavej 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 31.38 in 90 days |
| 31.50 | 90 days | 31.38 | about 43.35 |
Based on a normal probability distribution, the odds of Nonthavej Hospital to stay above 31.38 in 90 days from now is about 43.35 (This Nonthavej Hospital Public probability density function shows the probability of Nonthavej Stock to fall within a particular range of prices over 90 days) . Probability of Nonthavej Hospital Public price to stay between 31.38 and its current price of 31.5 at the end of the 90-day period is about 1.21 .
Assuming the 90 days trading horizon Nonthavej Hospital has a beta of 0.0541. This indicates as returns on the market go up, Nonthavej Hospital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nonthavej Hospital Public will be expected to be much smaller as well. Additionally Nonthavej Hospital Public has an alpha of 0.0221, implying that it can generate a 0.0221 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nonthavej Hospital Price Density |
| Price |
Predictive Modules for Nonthavej Hospital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nonthavej Hospital 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.Nonthavej Hospital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nonthavej Hospital is not an exception. The market had few large corrections towards the Nonthavej Hospital'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 Nonthavej Hospital Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nonthavej Hospital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 3.88 | |
Ir | Information ratio | -0.13 |
Nonthavej Hospital 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 Nonthavej Hospital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nonthavej Hospital Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nonthavej Hospital is way too risky over 90 days horizon | |
| Nonthavej Hospital appears to be risky and price may revert if volatility continues | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
Nonthavej Hospital 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 Nonthavej Stock often depends not only on the future outlook of the current and potential Nonthavej Hospital'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. Nonthavej Hospital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160 M |
Nonthavej Hospital Technical Analysis
Nonthavej Hospital's future price can be derived by breaking down and analyzing its technical indicators over time. Nonthavej Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nonthavej Hospital Public. In general, you should focus on analyzing Nonthavej Stock price patterns and their correlations with different microeconomic environments and drivers.
Nonthavej Hospital Predictive Forecast Models
Nonthavej Hospital's time-series forecasting models is one of many Nonthavej Hospital'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 Nonthavej Hospital'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 Nonthavej Hospital Public
Checking the ongoing alerts about Nonthavej Hospital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nonthavej Hospital Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nonthavej Hospital is way too risky over 90 days horizon | |
| Nonthavej Hospital appears to be risky and price may revert if volatility continues | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nonthavej Stock
Nonthavej Hospital financial ratios help investors to determine whether Nonthavej 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 Nonthavej with respect to the benefits of owning Nonthavej Hospital security.