Tong Hua (Thailand) Odds of Future Stock Price Finishing Over 380.87
| TH Stock | THB 0.72 0.03 4.00% |
Tong |
Tong Hua Target Price Odds to finish over 380.87
The tendency of Tong 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 380.87 or more in 90 days |
| 0.72 | 90 days | 380.87 | close to zero percent |
Based on a normal probability distribution, the odds of Tong Hua to move over 380.87 or more in 90 days from now is close to zero percent (This Tong Hua Holding probability density function shows the probability of Tong Stock to fall within a particular range of prices over 90 days) . Probability of Tong Hua Holding price to stay between its current price of 0.72 and 380.87 at the end of the 90-day period is about 97.0 .
Assuming the 90 days horizon Tong Hua Holding has a beta of -0.0271. This usually implies as returns on the benchmark increase, returns on holding Tong Hua are expected to decrease at a much lower rate. During a bear market, however, Tong Hua Holding is likely to outperform the market. Additionally Tong Hua Holding 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. Tong Hua Price Density |
| Price |
Predictive Modules for Tong Hua
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tong Hua Holding. 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.Tong Hua Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tong Hua is not an exception. The market had few large corrections towards the Tong Hua'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 Tong Hua Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tong Hua within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.19 |
Tong Hua 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 Tong Hua for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tong Hua Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tong Hua Holding generated a negative expected return over the last 90 days | |
| Tong Hua Holding has some characteristics of a very speculative penny stock | |
| Tong Hua Holding has high historical volatility and very poor performance | |
| Tong Hua Holding has accumulated about 911.05 M in cash with (356.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 57.0% of the company outstanding shares are owned by corporate insiders |
Tong Hua 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 Tong Stock often depends not only on the future outlook of the current and potential Tong Hua'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. Tong Hua's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 965 M |
Tong Hua Technical Analysis
Tong Hua's future price can be derived by breaking down and analyzing its technical indicators over time. Tong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tong Hua Holding. In general, you should focus on analyzing Tong Stock price patterns and their correlations with different microeconomic environments and drivers.
Tong Hua Predictive Forecast Models
Tong Hua's time-series forecasting models is one of many Tong Hua'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 Tong Hua'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 Tong Hua Holding
Checking the ongoing alerts about Tong Hua for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tong Hua Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tong Hua Holding generated a negative expected return over the last 90 days | |
| Tong Hua Holding has some characteristics of a very speculative penny stock | |
| Tong Hua Holding has high historical volatility and very poor performance | |
| Tong Hua Holding has accumulated about 911.05 M in cash with (356.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 57.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tong Stock
Tong Hua financial ratios help investors to determine whether Tong 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 Tong with respect to the benefits of owning Tong Hua security.