Somboon Advance (Thailand) Probability of Future Stock Price Finishing Over 11.47
| SAT Stock | THB 11.10 0.10 0.89% |
Somboon |
Somboon Advance Target Price Odds to finish over 11.47
The tendency of Somboon 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 11.47 or more in 90 days |
| 11.10 | 90 days | 11.47 | about 86.93 |
Based on a normal probability distribution, the odds of Somboon Advance to move over 11.47 or more in 90 days from now is about 86.93 (This Somboon Advance Technology probability density function shows the probability of Somboon Stock to fall within a particular range of prices over 90 days) . Probability of Somboon Advance Tech price to stay between its current price of 11.10 and 11.47 at the end of the 90-day period is about 7.91 .
Assuming the 90 days trading horizon Somboon Advance Technology has a beta of -0.0601. This usually implies as returns on the benchmark increase, returns on holding Somboon Advance are expected to decrease at a much lower rate. During a bear market, however, Somboon Advance Technology is likely to outperform the market. Additionally Somboon Advance Technology 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. Somboon Advance Price Density |
| Price |
Predictive Modules for Somboon Advance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Somboon Advance Tech. 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.Somboon Advance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Somboon Advance is not an exception. The market had few large corrections towards the Somboon Advance'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 Somboon Advance Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Somboon Advance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.11 |
Somboon Advance 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 Somboon Advance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Somboon Advance Tech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Somboon Advance Tech generated a negative expected return over the last 90 days | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Somboon Advance 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 Somboon Stock often depends not only on the future outlook of the current and potential Somboon Advance'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. Somboon Advance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 425.2 M |
Somboon Advance Technical Analysis
Somboon Advance's future price can be derived by breaking down and analyzing its technical indicators over time. Somboon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Somboon Advance Technology. In general, you should focus on analyzing Somboon Stock price patterns and their correlations with different microeconomic environments and drivers.
Somboon Advance Predictive Forecast Models
Somboon Advance's time-series forecasting models is one of many Somboon Advance'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 Somboon Advance'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 Somboon Advance Tech
Checking the ongoing alerts about Somboon Advance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Somboon Advance Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Somboon Advance Tech generated a negative expected return over the last 90 days | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Somboon Stock
Somboon Advance financial ratios help investors to determine whether Somboon 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 Somboon with respect to the benefits of owning Somboon Advance security.