PINTHONG INDUSTRIAL (Thailand) Probability of Future Stock Price Finishing Over 9.64
| PIN Stock | 6.30 0.20 3.28% |
PINTHONG |
PINTHONG INDUSTRIAL Target Price Odds to finish over 9.64
The tendency of PINTHONG 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 move over 9.64 or more in 90 days |
| 6.30 | 90 days | 9.64 | near 1 |
Based on a normal probability distribution, the odds of PINTHONG INDUSTRIAL to move over 9.64 or more in 90 days from now is near 1 (This PINTHONG INDUSTRIAL PARK probability density function shows the probability of PINTHONG Stock to fall within a particular range of prices over 90 days) . Probability of PINTHONG INDUSTRIAL PARK price to stay between its current price of 6.30 and 9.64 at the end of the 90-day period is about 16.85 .
Assuming the 90 days trading horizon PINTHONG INDUSTRIAL has a beta of 0.37 indicating as returns on the market go up, PINTHONG INDUSTRIAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PINTHONG INDUSTRIAL PARK will be expected to be much smaller as well. Additionally PINTHONG INDUSTRIAL PARK has an alpha of 0.4008, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PINTHONG INDUSTRIAL Price Density |
| Price |
Predictive Modules for PINTHONG INDUSTRIAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PINTHONG INDUSTRIAL PARK. 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.PINTHONG INDUSTRIAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PINTHONG INDUSTRIAL is not an exception. The market had few large corrections towards the PINTHONG INDUSTRIAL'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 PINTHONG INDUSTRIAL PARK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PINTHONG INDUSTRIAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | 0.09 |
PINTHONG INDUSTRIAL 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 PINTHONG INDUSTRIAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PINTHONG INDUSTRIAL PARK can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PINTHONG INDUSTRIAL appears to be risky and price may revert if volatility continues | |
| About 85.0% of the company outstanding shares are owned by corporate insiders |
PINTHONG INDUSTRIAL 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 PINTHONG Stock often depends not only on the future outlook of the current and potential PINTHONG INDUSTRIAL'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. PINTHONG INDUSTRIAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
PINTHONG INDUSTRIAL Technical Analysis
PINTHONG INDUSTRIAL's future price can be derived by breaking down and analyzing its technical indicators over time. PINTHONG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PINTHONG INDUSTRIAL PARK. In general, you should focus on analyzing PINTHONG Stock price patterns and their correlations with different microeconomic environments and drivers.
PINTHONG INDUSTRIAL Predictive Forecast Models
PINTHONG INDUSTRIAL's time-series forecasting models is one of many PINTHONG INDUSTRIAL'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 PINTHONG INDUSTRIAL'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 PINTHONG INDUSTRIAL PARK
Checking the ongoing alerts about PINTHONG INDUSTRIAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PINTHONG INDUSTRIAL PARK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PINTHONG INDUSTRIAL appears to be risky and price may revert if volatility continues | |
| About 85.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in PINTHONG Stock
PINTHONG INDUSTRIAL financial ratios help investors to determine whether PINTHONG 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 PINTHONG with respect to the benefits of owning PINTHONG INDUSTRIAL security.