Thai Solar (Thailand) Probability of Future Stock Price Finishing Over 0.93
| TSE Stock | THB 0.94 0.03 3.30% |
Thai |
Thai Solar Target Price Odds to finish over 0.93
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 stay above 0.93 in 90 days |
| 0.94 | 90 days | 0.93 | about 70.31 |
Based on a normal probability distribution, the odds of Thai Solar to stay above 0.93 in 90 days from now is about 70.31 (This Thai Solar Energy probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Solar Energy price to stay between 0.93 and its current price of 0.94 at the end of the 90-day period is roughly 2.35 .
Assuming the 90 days trading horizon Thai Solar has a beta of 0.76. This usually implies as returns on the market go up, Thai Solar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thai Solar Energy will be expected to be much smaller as well. Additionally Thai Solar 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. Thai Solar Price Density |
| Price |
Predictive Modules for Thai Solar
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 Solar 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.Thai Solar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Solar is not an exception. The market had few large corrections towards the Thai Solar'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 Solar Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Solar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.05 |
Thai Solar 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 Solar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Solar 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.| Thai Solar Energy is way too risky over 90 days horizon | |
| Thai Solar Energy has some characteristics of a very speculative penny stock | |
| Thai Solar Energy appears to be risky and price may revert if volatility continues | |
| Thai Solar Energy has accumulated 9.49 B in total debt with debt to equity ratio (D/E) of 2.02, implying the company greatly relies on financing operations through barrowing. Thai Solar Energy has a current ratio of 0.57, 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 Solar until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Solar'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 Solar Energy 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 Solar's use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of Thai Solar outstanding shares are owned by corporate insiders |
Thai Solar 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 Solar'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 Solar's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B |
Thai Solar Technical Analysis
Thai Solar'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 Solar Energy. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Solar Predictive Forecast Models
Thai Solar's time-series forecasting models is one of many Thai Solar'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 Solar'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 Solar Energy
Checking the ongoing alerts about Thai Solar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Solar Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Solar Energy is way too risky over 90 days horizon | |
| Thai Solar Energy has some characteristics of a very speculative penny stock | |
| Thai Solar Energy appears to be risky and price may revert if volatility continues | |
| Thai Solar Energy has accumulated 9.49 B in total debt with debt to equity ratio (D/E) of 2.02, implying the company greatly relies on financing operations through barrowing. Thai Solar Energy has a current ratio of 0.57, 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 Solar until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Solar'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 Solar Energy 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 Solar's use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of Thai Solar outstanding shares are owned by corporate insiders |
Other Information on Investing in Thai Stock
Thai Solar 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 Solar security.