WHA UTILITIES (Thailand) Probability of Future Stock Price Finishing Over 4.22
| WHAUP-R Stock | THB 4.74 1.18 33.15% |
WHA |
WHA UTILITIES Target Price Odds to finish over 4.22
The tendency of WHA 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 4.22 in 90 days |
| 4.74 | 90 days | 4.22 | near 1 |
Based on a normal probability distribution, the odds of WHA UTILITIES to stay above 4.22 in 90 days from now is near 1 (This WHA UTILITIES AND probability density function shows the probability of WHA Stock to fall within a particular range of prices over 90 days) . Probability of WHA UTILITIES AND price to stay between 4.22 and its current price of 4.74 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon WHA UTILITIES AND has a beta of -0.36. This entails as returns on the benchmark increase, returns on holding WHA UTILITIES are expected to decrease at a much lower rate. During a bear market, however, WHA UTILITIES AND is likely to outperform the market. Additionally WHA UTILITIES AND has an alpha of 0.5938, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WHA UTILITIES Price Density |
| Price |
Predictive Modules for WHA UTILITIES
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WHA UTILITIES AND. 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.WHA UTILITIES Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WHA UTILITIES is not an exception. The market had few large corrections towards the WHA UTILITIES'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 WHA UTILITIES AND, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WHA UTILITIES within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.10 |
WHA UTILITIES 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 WHA UTILITIES for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WHA UTILITIES AND can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WHA UTILITIES AND appears to be risky and price may revert if volatility continues | |
| The company has 9.11 Billion in debt which may indicate that it relies heavily on debt financing |
WHA UTILITIES 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 WHA Stock often depends not only on the future outlook of the current and potential WHA UTILITIES'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. WHA UTILITIES's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 0.21 | |
| Float Shares | 989.57M | |
| Trailing Annual Dividend Yield | 2.95% |
WHA UTILITIES Technical Analysis
WHA UTILITIES's future price can be derived by breaking down and analyzing its technical indicators over time. WHA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WHA UTILITIES AND. In general, you should focus on analyzing WHA Stock price patterns and their correlations with different microeconomic environments and drivers.
WHA UTILITIES Predictive Forecast Models
WHA UTILITIES's time-series forecasting models is one of many WHA UTILITIES'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 WHA UTILITIES'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 WHA UTILITIES AND
Checking the ongoing alerts about WHA UTILITIES for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WHA UTILITIES AND help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WHA UTILITIES AND appears to be risky and price may revert if volatility continues | |
| The company has 9.11 Billion in debt which may indicate that it relies heavily on debt financing |
Additional Tools for WHA Stock Analysis
When running WHA UTILITIES's price analysis, check to measure WHA UTILITIES'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 WHA UTILITIES is operating at the current time. Most of WHA UTILITIES's value examination focuses on studying past and present price action to predict the probability of WHA UTILITIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WHA UTILITIES's price. Additionally, you may evaluate how the addition of WHA UTILITIES to your portfolios can decrease your overall portfolio volatility.