Sabina Public (Thailand) Probability of Future Stock Price Finishing Under 20.83
| SABINA Stock | THB 21.10 0.10 0.48% |
Sabina |
Sabina Public Target Price Odds to finish below 20.83
The tendency of Sabina 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 drop to 20.83 or more in 90 days |
| 21.10 | 90 days | 20.83 | about 6.36 |
Based on a normal probability distribution, the odds of Sabina Public to drop to 20.83 or more in 90 days from now is about 6.36 (This Sabina Public probability density function shows the probability of Sabina Stock to fall within a particular range of prices over 90 days) . Probability of Sabina Public price to stay between 20.83 and its current price of 21.1 at the end of the 90-day period is about 5.05 .
Assuming the 90 days trading horizon Sabina Public has a beta of 0.2. This usually implies as returns on the market go up, Sabina Public average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sabina Public will be expected to be much smaller as well. Additionally Sabina Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sabina Public Price Density |
| Price |
Predictive Modules for Sabina Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sabina 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.Sabina Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sabina Public is not an exception. The market had few large corrections towards the Sabina Public'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 Sabina Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sabina Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.17 |
Sabina Public 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 Sabina Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sabina 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.| Sabina Public generated a negative expected return over the last 90 days | |
| About 55.0% of the company outstanding shares are owned by corporate insiders |
Sabina Public 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 Sabina Stock often depends not only on the future outlook of the current and potential Sabina Public'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. Sabina Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 347.5 M |
Sabina Public Technical Analysis
Sabina Public's future price can be derived by breaking down and analyzing its technical indicators over time. Sabina Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sabina Public. In general, you should focus on analyzing Sabina Stock price patterns and their correlations with different microeconomic environments and drivers.
Sabina Public Predictive Forecast Models
Sabina Public's time-series forecasting models is one of many Sabina Public'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 Sabina Public'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 Sabina Public
Checking the ongoing alerts about Sabina Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sabina Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sabina Public generated a negative expected return over the last 90 days | |
| About 55.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sabina Stock
Sabina Public financial ratios help investors to determine whether Sabina 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 Sabina with respect to the benefits of owning Sabina Public security.