Ptt Pcl Adr Stock Odds of Future Pink Sheet Price Finishing Under 3.98
| PUTRY Stock | USD 5.09 0.13 2.49% |
PTT |
PTT PCL Target Price Odds to finish below 3.98
The tendency of PTT Pink Sheet 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 drop to $ 3.98 or more in 90 days |
| 5.09 | 90 days | 3.98 | near 1 |
Based on a normal probability distribution, the odds of PTT PCL to drop to $ 3.98 or more in 90 days from now is near 1 (This PTT PCL ADR probability density function shows the probability of PTT Pink Sheet to fall within a particular range of prices over 90 days) . Probability of PTT PCL ADR price to stay between $ 3.98 and its current price of $5.09 at the end of the 90-day period is over 95.99 .
Assuming the 90 days horizon PTT PCL has a beta of 0.14 indicating as returns on the market go up, PTT PCL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PTT PCL ADR will be expected to be much smaller as well. Additionally PTT PCL ADR has an alpha of 0.1464, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PTT PCL Price Density |
| Price |
Predictive Modules for PTT PCL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTT PCL ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.PTT PCL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTT PCL is not an exception. The market had few large corrections towards the PTT PCL'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 PTT PCL ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTT PCL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.04 |
PTT PCL 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 PTT Pink Sheet often depends not only on the future outlook of the current and potential PTT PCL'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. PTT PCL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.6 B |
PTT PCL Technical Analysis
PTT PCL's future price can be derived by breaking down and analyzing its technical indicators over time. PTT Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTT PCL ADR. In general, you should focus on analyzing PTT Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
PTT PCL Predictive Forecast Models
PTT PCL's time-series forecasting models is one of many PTT PCL's pink sheet 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 PTT PCL'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PTT PCL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PTT PCL's short interest history, or implied volatility extrapolated from PTT PCL options trading.
Additional Tools for PTT Pink Sheet Analysis
When running PTT PCL's price analysis, check to measure PTT PCL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PTT PCL is operating at the current time. Most of PTT PCL's value examination focuses on studying past and present price action to predict the probability of PTT PCL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT PCL's price. Additionally, you may evaluate how the addition of PTT PCL to your portfolios can decrease your overall portfolio volatility.