Nawarat Patanakarn (Thailand) Probability of Future Stock Price Finishing Over 0.1615
| NWR Stock | THB 0.17 0.01 5.56% |
Nawarat |
Nawarat Patanakarn Target Price Odds to finish over 0.1615
The tendency of Nawarat 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 0.16 in 90 days |
| 0.17 | 90 days | 0.16 | about 92.49 |
Based on a normal probability distribution, the odds of Nawarat Patanakarn to stay above 0.16 in 90 days from now is about 92.49 (This Nawarat Patanakarn Public probability density function shows the probability of Nawarat Stock to fall within a particular range of prices over 90 days) . Probability of Nawarat Patanakarn Public price to stay between 0.16 and its current price of 0.17 at the end of the 90-day period is nearly 4.02 .
Assuming the 90 days trading horizon Nawarat Patanakarn has a beta of 0.15. This indicates as returns on the market go up, Nawarat Patanakarn average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nawarat Patanakarn Public will be expected to be much smaller as well. Additionally Nawarat Patanakarn Public has an alpha of 0.5746, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nawarat Patanakarn Price Density |
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Predictive Modules for Nawarat Patanakarn
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nawarat Patanakarn 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.Nawarat Patanakarn Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nawarat Patanakarn is not an exception. The market had few large corrections towards the Nawarat Patanakarn'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 Nawarat Patanakarn Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nawarat Patanakarn within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.07 |
Nawarat Patanakarn 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 Nawarat Patanakarn for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nawarat Patanakarn 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.| Nawarat Patanakarn is way too risky over 90 days horizon | |
| Nawarat Patanakarn has some characteristics of a very speculative penny stock | |
| Nawarat Patanakarn appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 11.09 B. Net Loss for the year was (768.34 M) with profit before overhead, payroll, taxes, and interest of 184.46 M. | |
| Nawarat Patanakarn Public has accumulated about 694.72 M in cash with (761.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders |
Nawarat Patanakarn 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 Nawarat Stock often depends not only on the future outlook of the current and potential Nawarat Patanakarn'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. Nawarat Patanakarn's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B |
Nawarat Patanakarn Technical Analysis
Nawarat Patanakarn's future price can be derived by breaking down and analyzing its technical indicators over time. Nawarat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nawarat Patanakarn Public. In general, you should focus on analyzing Nawarat Stock price patterns and their correlations with different microeconomic environments and drivers.
Nawarat Patanakarn Predictive Forecast Models
Nawarat Patanakarn's time-series forecasting models is one of many Nawarat Patanakarn'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 Nawarat Patanakarn'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 Nawarat Patanakarn Public
Checking the ongoing alerts about Nawarat Patanakarn for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nawarat Patanakarn Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nawarat Patanakarn is way too risky over 90 days horizon | |
| Nawarat Patanakarn has some characteristics of a very speculative penny stock | |
| Nawarat Patanakarn appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 11.09 B. Net Loss for the year was (768.34 M) with profit before overhead, payroll, taxes, and interest of 184.46 M. | |
| Nawarat Patanakarn Public has accumulated about 694.72 M in cash with (761.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nawarat Stock
Nawarat Patanakarn financial ratios help investors to determine whether Nawarat 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 Nawarat with respect to the benefits of owning Nawarat Patanakarn security.