Thai Oil Pcl Stock Odds of Future Pink Sheet Price Finishing Under 10.26
| TOIPY Stock | USD 13.70 0.00 0.00% |
Thai |
Thai Oil Target Price Odds to finish below 10.26
The tendency of Thai Pink Sheet 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 $ 10.26 or more in 90 days |
| 13.70 | 90 days | 10.26 | near 1 |
Based on a normal probability distribution, the odds of Thai Oil to drop to $ 10.26 or more in 90 days from now is near 1 (This Thai Oil PCL probability density function shows the probability of Thai Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Thai Oil PCL price to stay between $ 10.26 and its current price of $13.7 at the end of the 90-day period is about 18.76 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.71 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Thai Oil will likely underperform. Additionally Thai Oil PCL 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. Thai Oil Price Density |
| Price |
Predictive Modules for Thai Oil
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 Oil PCL. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Oil is not an exception. The market had few large corrections towards the Thai Oil'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 Oil PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Oil within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 1.71 | |
σ | Overall volatility | 0.88 | |
Ir | Information ratio | -0.03 |
Thai Oil 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 Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Oil PCL 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 Oil PCL generated a negative expected return over the last 90 days | |
| Thai Oil PCL has high historical volatility and very poor performance |
Thai Oil 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 Pink Sheet often depends not only on the future outlook of the current and potential Thai Oil'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 Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B |
Thai Oil Technical Analysis
Thai Oil's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Oil PCL. In general, you should focus on analyzing Thai Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Thai Oil Predictive Forecast Models
Thai Oil's time-series forecasting models is one of many Thai Oil's pink sheet 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 Oil'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Thai Oil PCL
Checking the ongoing alerts about Thai Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Oil PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Oil PCL generated a negative expected return over the last 90 days | |
| Thai Oil PCL has high historical volatility and very poor performance |
Additional Tools for Thai Pink Sheet Analysis
When running Thai Oil's price analysis, check to measure Thai Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Oil is operating at the current time. Most of Thai Oil's value examination focuses on studying past and present price action to predict the probability of Thai Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Oil's price. Additionally, you may evaluate how the addition of Thai Oil to your portfolios can decrease your overall portfolio volatility.