SAF Special (Thailand) Probability of Future Stock Price Finishing Under 0.49
| SAF Stock | 0.52 0.02 4.00% |
SAF |
SAF Special Target Price Odds to finish below 0.49
The tendency of SAF 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 0.49 or more in 90 days |
| 0.52 | 90 days | 0.49 | about 7.42 |
Based on a normal probability distribution, the odds of SAF Special to drop to 0.49 or more in 90 days from now is about 7.42 (This SAF Special Steel probability density function shows the probability of SAF Stock to fall within a particular range of prices over 90 days) . Probability of SAF Special Steel price to stay between 0.49 and its current price of 0.52 at the end of the 90-day period is about 10.91 .
Assuming the 90 days trading horizon SAF Special Steel has a beta of -1.38. This usually implies as returns on its benchmark rise, returns on holding SAF Special Steel are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, SAF Special is expected to outperform its benchmark. Additionally SAF Special Steel has an alpha of 0.2852, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SAF Special Price Density |
| Price |
Predictive Modules for SAF Special
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SAF Special Steel. 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.SAF Special Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SAF Special is not an exception. The market had few large corrections towards the SAF Special'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 SAF Special Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SAF Special within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -1.38 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.0004 |
SAF Special 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 SAF Special for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SAF Special Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SAF Special Steel has some characteristics of a very speculative penny stock | |
| SAF Special Steel had very high historical volatility over the last 90 days |
SAF Special Technical Analysis
SAF Special's future price can be derived by breaking down and analyzing its technical indicators over time. SAF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SAF Special Steel. In general, you should focus on analyzing SAF Stock price patterns and their correlations with different microeconomic environments and drivers.
SAF Special Predictive Forecast Models
SAF Special's time-series forecasting models is one of many SAF Special'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 SAF Special'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 SAF Special Steel
Checking the ongoing alerts about SAF Special for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SAF Special Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SAF Special Steel has some characteristics of a very speculative penny stock | |
| SAF Special Steel had very high historical volatility over the last 90 days |
Other Information on Investing in SAF Stock
SAF Special financial ratios help investors to determine whether SAF 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 SAF with respect to the benefits of owning SAF Special security.