Thai Film (Thailand) Probability of Future Stock Price Finishing Under 0.0609
| TFI Stock | THB 0.08 0.01 14.29% |
Thai |
Thai Film Target Price Odds to finish below 0.0609
The tendency of Thai 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 0.06 or more in 90 days |
| 0.08 | 90 days | 0.06 | about 8.73 |
Based on a normal probability distribution, the odds of Thai Film to drop to 0.06 or more in 90 days from now is about 8.73 (This Thai Film Industries probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Film Industries price to stay between 0.06 and its current price of 0.08 at the end of the 90-day period is about 56.08 .
Assuming the 90 days trading horizon Thai Film has a beta of 0.78. This usually implies as returns on the market go up, Thai Film average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thai Film Industries will be expected to be much smaller as well. Additionally Thai Film Industries has an alpha of 0.6718, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thai Film Price Density |
| Price |
Predictive Modules for Thai Film
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Film Industries. 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.Thai Film Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Film is not an exception. The market had few large corrections towards the Thai Film'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 Thai Film Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Film within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Thai Film 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 Thai Film for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Film Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thai Film Industries is way too risky over 90 days horizon | |
| Thai Film Industries has some characteristics of a very speculative penny stock | |
| Thai Film Industries appears to be risky and price may revert if volatility continues | |
| Thai Film Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thai Film Industries has accumulated 944.11 M in total debt with debt to equity ratio (D/E) of 356.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thai Film Industries has a current ratio of 0.3, 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 Thai Film until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Film'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 Thai Film Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Film's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 301.78 M. Net Loss for the year was (241.79 M) with loss before overhead, payroll, taxes, and interest of (40.01 M). | |
| Thai Film Industries has accumulated about 1.13 M in cash with (387.7 M) of positive cash flow from operations. | |
| Roughly 94.0% of Thai Film outstanding shares are owned by corporate insiders |
Thai Film 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 Thai Stock often depends not only on the future outlook of the current and potential Thai Film'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. Thai Film's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.8 B |
Thai Film Technical Analysis
Thai Film's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Film Industries. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Film Predictive Forecast Models
Thai Film's time-series forecasting models is one of many Thai Film'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 Thai Film'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 Thai Film Industries
Checking the ongoing alerts about Thai Film for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Film Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Film Industries is way too risky over 90 days horizon | |
| Thai Film Industries has some characteristics of a very speculative penny stock | |
| Thai Film Industries appears to be risky and price may revert if volatility continues | |
| Thai Film Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thai Film Industries has accumulated 944.11 M in total debt with debt to equity ratio (D/E) of 356.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thai Film Industries has a current ratio of 0.3, 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 Thai Film until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Film'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 Thai Film Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Film's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 301.78 M. Net Loss for the year was (241.79 M) with loss before overhead, payroll, taxes, and interest of (40.01 M). | |
| Thai Film Industries has accumulated about 1.13 M in cash with (387.7 M) of positive cash flow from operations. | |
| Roughly 94.0% of Thai Film outstanding shares are owned by corporate insiders |
Other Information on Investing in Thai Stock
Thai Film financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Film security.