Ngern Tid (Thailand) Probability of Future Stock Price Finishing Under 19.1
| TIDLOR Stock | THB 17.40 0.20 1.14% |
Ngern |
Ngern Tid Target Price Odds to finish below 19.1
The tendency of Ngern 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 stay under 19.10 after 90 days |
| 17.40 | 90 days | 19.10 | about 77.28 |
Based on a normal probability distribution, the odds of Ngern Tid to stay under 19.10 after 90 days from now is about 77.28 (This Ngern Tid Lor probability density function shows the probability of Ngern Stock to fall within a particular range of prices over 90 days) . Probability of Ngern Tid Lor price to stay between its current price of 17.40 and 19.10 at the end of the 90-day period is about 26.02 .
Assuming the 90 days trading horizon Ngern Tid Lor has a beta of -0.37. This usually implies as returns on the benchmark increase, returns on holding Ngern Tid are expected to decrease at a much lower rate. During a bear market, however, Ngern Tid Lor is likely to outperform the market. Additionally Ngern Tid Lor has an alpha of 0.2519, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ngern Tid Price Density |
| Price |
Predictive Modules for Ngern Tid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ngern Tid Lor. 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.Ngern Tid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ngern Tid is not an exception. The market had few large corrections towards the Ngern Tid'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 Ngern Tid Lor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ngern Tid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 2.37 | |
Ir | Information ratio | 0.03 |
Ngern Tid 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 Ngern Tid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ngern Tid Lor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ngern Tid Lor is way too risky over 90 days horizon | |
| Ngern Tid Lor appears to be risky and price may revert if volatility continues | |
| Ngern Tid Lor has accumulated about 1.53 B in cash with (5.89 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Ngern Tid 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 Ngern Stock often depends not only on the future outlook of the current and potential Ngern Tid'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. Ngern Tid's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.4 B | |
| Cash And Short Term Investments | 4 B |
Ngern Tid Technical Analysis
Ngern Tid's future price can be derived by breaking down and analyzing its technical indicators over time. Ngern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ngern Tid Lor. In general, you should focus on analyzing Ngern Stock price patterns and their correlations with different microeconomic environments and drivers.
Ngern Tid Predictive Forecast Models
Ngern Tid's time-series forecasting models is one of many Ngern Tid'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 Ngern Tid'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 Ngern Tid Lor
Checking the ongoing alerts about Ngern Tid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ngern Tid Lor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ngern Tid Lor is way too risky over 90 days horizon | |
| Ngern Tid Lor appears to be risky and price may revert if volatility continues | |
| Ngern Tid Lor has accumulated about 1.53 B in cash with (5.89 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Ngern Stock
Ngern Tid financial ratios help investors to determine whether Ngern 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 Ngern with respect to the benefits of owning Ngern Tid security.