Wave Entertainment (Thailand) Probability of Future Stock Price Finishing Over 16.26
| WAVE Stock | THB 0.10 0.01 9.09% |
Wave |
Wave Entertainment Target Price Odds to finish over 16.26
The tendency of Wave 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 16.26 or more in 90 days |
| 0.10 | 90 days | 16.26 | close to zero percent |
Based on a normal probability distribution, the odds of Wave Entertainment to move over 16.26 or more in 90 days from now is close to zero percent (This Wave Entertainment Public probability density function shows the probability of Wave Stock to fall within a particular range of prices over 90 days) . Probability of Wave Entertainment Public price to stay between its current price of 0.10 and 16.26 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Wave Entertainment Public has a beta of -1.21. This entails as returns on its benchmark rise, returns on holding Wave Entertainment Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Wave Entertainment is expected to outperform its benchmark. Additionally Wave Entertainment Public 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. Wave Entertainment Price Density |
| Price |
Predictive Modules for Wave Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wave Entertainment Public. 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.Wave Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wave Entertainment is not an exception. The market had few large corrections towards the Wave Entertainment'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 Wave Entertainment Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wave Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0067 | |
β | Beta against Dow Jones | -1.21 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Wave Entertainment 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 Wave Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wave Entertainment Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wave Entertainment generated a negative expected return over the last 90 days | |
| Wave Entertainment has high historical volatility and very poor performance | |
| Wave Entertainment has some characteristics of a very speculative penny stock | |
| Wave Entertainment Public has accumulated 59.42 M in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Wave Entertainment Public has a current ratio of 0.47, 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 Wave Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Entertainment'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 Wave Entertainment Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 286.04 M. Net Loss for the year was (692.76 M) with profit before overhead, payroll, taxes, and interest of 71.75 M. | |
| About 31.0% of Wave Entertainment outstanding shares are owned by insiders |
Wave Entertainment 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 Wave Stock often depends not only on the future outlook of the current and potential Wave Entertainment'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. Wave Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 785.3 M |
Wave Entertainment Technical Analysis
Wave Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Wave Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wave Entertainment Public. In general, you should focus on analyzing Wave Stock price patterns and their correlations with different microeconomic environments and drivers.
Wave Entertainment Predictive Forecast Models
Wave Entertainment's time-series forecasting models is one of many Wave Entertainment'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 Wave Entertainment'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 Wave Entertainment Public
Checking the ongoing alerts about Wave Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wave Entertainment Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wave Entertainment generated a negative expected return over the last 90 days | |
| Wave Entertainment has high historical volatility and very poor performance | |
| Wave Entertainment has some characteristics of a very speculative penny stock | |
| Wave Entertainment Public has accumulated 59.42 M in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Wave Entertainment Public has a current ratio of 0.47, 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 Wave Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Entertainment'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 Wave Entertainment Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 286.04 M. Net Loss for the year was (692.76 M) with profit before overhead, payroll, taxes, and interest of 71.75 M. | |
| About 31.0% of Wave Entertainment outstanding shares are owned by insiders |
Other Information on Investing in Wave Stock
Wave Entertainment financial ratios help investors to determine whether Wave 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 Wave with respect to the benefits of owning Wave Entertainment security.