PTG Energy (Thailand) Probability of Future Stock Price Finishing Over 11.14
| PTG Stock | THB 8.65 0.25 2.81% |
PTG |
PTG Energy Target Price Odds to finish over 11.14
The tendency of PTG 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 11.14 or more in 90 days |
| 8.65 | 90 days | 11.14 | near 1 |
Based on a normal probability distribution, the odds of PTG Energy to move over 11.14 or more in 90 days from now is near 1 (This PTG Energy PCL probability density function shows the probability of PTG Stock to fall within a particular range of prices over 90 days) . Probability of PTG Energy PCL price to stay between its current price of 8.65 and 11.14 at the end of the 90-day period is over 95.64 .
Assuming the 90 days trading horizon PTG Energy PCL has a beta of -0.1 indicating as returns on the benchmark increase, returns on holding PTG Energy are expected to decrease at a much lower rate. During a bear market, however, PTG Energy PCL is likely to outperform the market. Additionally PTG Energy PCL has an alpha of 0.0402, implying that it can generate a 0.0402 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PTG Energy Price Density |
| Price |
Predictive Modules for PTG Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTG Energy 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.PTG Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTG Energy is not an exception. The market had few large corrections towards the PTG Energy'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 PTG Energy PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTG Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.04 |
PTG Energy 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 PTG Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PTG Energy 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.| PTG Energy PCL generated a negative expected return over the last 90 days | |
| PTG Energy PCL has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| PTG Energy PCL has accumulated 3.84 B in total debt with debt to equity ratio (D/E) of 159.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PTG Energy PCL has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PTG Energy until it has trouble settling it off, either with new capital or with free cash flow. So, PTG Energy'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 PTG Energy PCL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PTG to invest in growth at high rates of return. When we think about PTG Energy's use of debt, we should always consider it together with cash and equity. | |
| About 43.0% of PTG Energy outstanding shares are owned by corporate insiders |
PTG Energy 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 PTG Stock often depends not only on the future outlook of the current and potential PTG Energy'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. PTG Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 B |
PTG Energy Technical Analysis
PTG Energy's future price can be derived by breaking down and analyzing its technical indicators over time. PTG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTG Energy PCL. In general, you should focus on analyzing PTG Stock price patterns and their correlations with different microeconomic environments and drivers.
PTG Energy Predictive Forecast Models
PTG Energy's time-series forecasting models is one of many PTG Energy'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 PTG Energy'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 PTG Energy PCL
Checking the ongoing alerts about PTG Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PTG Energy PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PTG Energy PCL generated a negative expected return over the last 90 days | |
| PTG Energy PCL has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| PTG Energy PCL has accumulated 3.84 B in total debt with debt to equity ratio (D/E) of 159.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PTG Energy PCL has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PTG Energy until it has trouble settling it off, either with new capital or with free cash flow. So, PTG Energy'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 PTG Energy PCL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PTG to invest in growth at high rates of return. When we think about PTG Energy's use of debt, we should always consider it together with cash and equity. | |
| About 43.0% of PTG Energy outstanding shares are owned by corporate insiders |
Other Information on Investing in PTG Stock
PTG Energy financial ratios help investors to determine whether PTG 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 PTG with respect to the benefits of owning PTG Energy security.