Thachang Green (Thailand) Probability of Future Stock Price Finishing Over 4.38
| TGE Stock | 2.38 0.08 3.48% |
Thachang |
Thachang Green Target Price Odds to finish over 4.38
The tendency of Thachang 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 4.38 or more in 90 days |
| 2.38 | 90 days | 4.38 | near 1 |
Based on a normal probability distribution, the odds of Thachang Green to move over 4.38 or more in 90 days from now is near 1 (This Thachang Green Energy probability density function shows the probability of Thachang Stock to fall within a particular range of prices over 90 days) . Probability of Thachang Green Energy price to stay between its current price of 2.38 and 4.38 at the end of the 90-day period is about 87.65 .
Assuming the 90 days trading horizon Thachang Green Energy has a beta of -0.52. This usually implies as returns on the benchmark increase, returns on holding Thachang Green are expected to decrease at a much lower rate. During a bear market, however, Thachang Green Energy is likely to outperform the market. Additionally Thachang Green Energy 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. Thachang Green Price Density |
| Price |
Predictive Modules for Thachang Green
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thachang Green Energy. 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.Thachang Green Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thachang Green is not an exception. The market had few large corrections towards the Thachang Green'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 Thachang Green Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thachang Green within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.14 |
Thachang Green 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 Thachang Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thachang Green Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thachang Green generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Thachang Green 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 Thachang Stock often depends not only on the future outlook of the current and potential Thachang Green'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. Thachang Green's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.1278 | |
| Shares Float | 734.4 M |
Thachang Green Technical Analysis
Thachang Green's future price can be derived by breaking down and analyzing its technical indicators over time. Thachang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thachang Green Energy. In general, you should focus on analyzing Thachang Stock price patterns and their correlations with different microeconomic environments and drivers.
Thachang Green Predictive Forecast Models
Thachang Green's time-series forecasting models is one of many Thachang Green'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 Thachang Green'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 Thachang Green Energy
Checking the ongoing alerts about Thachang Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thachang Green Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thachang Green generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Thachang Stock
Thachang Green financial ratios help investors to determine whether Thachang 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 Thachang with respect to the benefits of owning Thachang Green security.