Well Graded (Thailand) Probability of Future Stock Price Finishing Over 0.8625
| WGE Stock | THB 0.69 0.04 6.15% |
Well |
Well Graded Target Price Odds to finish over 0.8625
The tendency of Well 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 0.86 or more in 90 days |
| 0.69 | 90 days | 0.86 | about 5.36 |
Based on a normal probability distribution, the odds of Well Graded to move over 0.86 or more in 90 days from now is about 5.36 (This Well Graded Engineering probability density function shows the probability of Well Stock to fall within a particular range of prices over 90 days) . Probability of Well Graded Engineering price to stay between its current price of 0.69 and 0.86 at the end of the 90-day period is about 75.65 .
Assuming the 90 days trading horizon Well Graded Engineering has a beta of -1.75. This entails as returns on its benchmark rise, returns on holding Well Graded Engineering are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Well Graded is expected to outperform its benchmark. Additionally Well Graded Engineering has an alpha of 0.0308, implying that it can generate a 0.0308 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Well Graded Price Density |
| Price |
Predictive Modules for Well Graded
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Well Graded Engineering. 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.Well Graded Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Well Graded is not an exception. The market had few large corrections towards the Well Graded'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 Well Graded Engineering, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Well Graded within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -1.75 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.11 |
Well Graded 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 Well Graded for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Well Graded Engineering can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Well Graded generated a negative expected return over the last 90 days | |
| Well Graded has some characteristics of a very speculative penny stock | |
| Well Graded Engineering has accumulated about 428.01 M in cash with (6.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 78.0% of the company outstanding shares are owned by insiders |
Well Graded 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 Well Stock often depends not only on the future outlook of the current and potential Well Graded'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. Well Graded's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 600 M |
Well Graded Technical Analysis
Well Graded's future price can be derived by breaking down and analyzing its technical indicators over time. Well Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Well Graded Engineering. In general, you should focus on analyzing Well Stock price patterns and their correlations with different microeconomic environments and drivers.
Well Graded Predictive Forecast Models
Well Graded's time-series forecasting models is one of many Well Graded'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 Well Graded'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 Well Graded Engineering
Checking the ongoing alerts about Well Graded for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Well Graded Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Well Graded generated a negative expected return over the last 90 days | |
| Well Graded has some characteristics of a very speculative penny stock | |
| Well Graded Engineering has accumulated about 428.01 M in cash with (6.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 78.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Well Stock
Well Graded financial ratios help investors to determine whether Well 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 Well with respect to the benefits of owning Well Graded security.