Thaifoods Group (Thailand) Probability of Future Stock Price Finishing Over 388.72
| TFG-R Stock | THB 4.07 0.00 0.00% |
Thaifoods |
Thaifoods Group Target Price Odds to finish over 388.72
The tendency of Thaifoods 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 388.72 or more in 90 days |
| 4.07 | 90 days | 388.72 | close to zero percent |
Based on a normal probability distribution, the odds of Thaifoods Group to move over 388.72 or more in 90 days from now is close to zero percent (This Thaifoods Group Public probability density function shows the probability of Thaifoods Stock to fall within a particular range of prices over 90 days) . Probability of Thaifoods Group Public price to stay between its current price of 4.07 and 388.72 at the end of the 90-day period is about 43.84 .
Assuming the 90 days trading horizon Thaifoods Group Public has a beta of -0.38. This usually implies as returns on the benchmark increase, returns on holding Thaifoods Group are expected to decrease at a much lower rate. During a bear market, however, Thaifoods Group Public is likely to outperform the market. Additionally Thaifoods Group 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. Thaifoods Group Price Density |
| Price |
Predictive Modules for Thaifoods Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thaifoods Group 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.Thaifoods Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thaifoods Group is not an exception. The market had few large corrections towards the Thaifoods Group'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 Thaifoods Group Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thaifoods Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.19 |
Thaifoods Group 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 Thaifoods Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thaifoods Group 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.| Thaifoods Group is way too risky over 90 days horizon | |
| Thaifoods Group appears to be risky and price may revert if volatility continues | |
| Thaifoods Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thaifoods Group Public has accumulated 10.91 B in total debt with debt to equity ratio (D/E) of 135.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thaifoods Group Public has a current ratio of 0.78, 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 Thaifoods Group until it has trouble settling it off, either with new capital or with free cash flow. So, Thaifoods Group'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 Thaifoods Group Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thaifoods to invest in growth at high rates of return. When we think about Thaifoods Group's use of debt, we should always consider it together with cash and equity. |
Thaifoods Group 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 Thaifoods Stock often depends not only on the future outlook of the current and potential Thaifoods Group'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. Thaifoods Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 0.08 | |
| Float Shares | 1.15B | |
| Trailing Annual Dividend Yield | 1.92% |
Thaifoods Group Technical Analysis
Thaifoods Group's future price can be derived by breaking down and analyzing its technical indicators over time. Thaifoods Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thaifoods Group Public. In general, you should focus on analyzing Thaifoods Stock price patterns and their correlations with different microeconomic environments and drivers.
Thaifoods Group Predictive Forecast Models
Thaifoods Group's time-series forecasting models is one of many Thaifoods Group'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 Thaifoods Group'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 Thaifoods Group Public
Checking the ongoing alerts about Thaifoods Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thaifoods Group Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thaifoods Group is way too risky over 90 days horizon | |
| Thaifoods Group appears to be risky and price may revert if volatility continues | |
| Thaifoods Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thaifoods Group Public has accumulated 10.91 B in total debt with debt to equity ratio (D/E) of 135.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thaifoods Group Public has a current ratio of 0.78, 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 Thaifoods Group until it has trouble settling it off, either with new capital or with free cash flow. So, Thaifoods Group'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 Thaifoods Group Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thaifoods to invest in growth at high rates of return. When we think about Thaifoods Group's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Thaifoods Stock
Thaifoods Group financial ratios help investors to determine whether Thaifoods 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 Thaifoods with respect to the benefits of owning Thaifoods Group security.