Prima Marine (Thailand) Price Prediction

PRM Stock  THB 8.90  0.10  1.14%   
The value of RSI of Prima Marine's the stock price is about 63 indicating that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Prima, making its price go up or down.

Oversold Vs Overbought

63

 
Oversold
 
Overbought
The successful prediction of Prima Marine's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Prima Marine Public, which may create opportunities for some arbitrage if properly timed.
Using Prima Marine hype-based prediction, you can estimate the value of Prima Marine Public from the perspective of Prima Marine response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Prima Marine to buy its stock at a price that has no basis in reality. In that case, they are not buying Prima because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Prima Marine after-hype prediction price

    
  THB 8.9  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Prima Marine Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
5.777.358.93
Details

Prima Marine After-Hype Price Prediction Density Analysis

As far as predicting the price of Prima Marine at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Prima Marine or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Prima Marine, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Prima Marine Estimiated After-Hype Price Volatility

In the context of predicting Prima Marine's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Prima Marine's historical news coverage. Prima Marine's after-hype downside and upside margins for the prediction period are 7.32 and 10.48, respectively. We have considered Prima Marine's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
8.90
8.90
After-hype Price
10.48
Upside
Prima Marine is not too volatile at this time. Analysis and calculation of next after-hype price of Prima Marine Public is based on 3 months time horizon.

Prima Marine Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Prima Marine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Prima Marine backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Prima Marine, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
1.58
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
8.90
8.90
0.00 
0.00  
Notes

Prima Marine Hype Timeline

Prima Marine Public is at this time traded for 8.90on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Prima is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.21%. %. The volatility of related hype on Prima Marine is about 0.0%, with the expected price after the next announcement by competition of 8.90. About 61.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.82. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prima Marine Public last dividend was issued on the 24th of November 2022. Assuming the 90 days trading horizon the next expected press release will be within a week.
Check out Prima Marine Basic Forecasting Models to cross-verify your projections.

Prima Marine Related Hype Analysis

Having access to credible news sources related to Prima Marine's direct competition is more important than ever and may enhance your ability to predict Prima Marine's future price movements. Getting to know how Prima Marine's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Prima Marine may potentially react to the hype associated with one of its peers.

Prima Marine Additional Predictive Modules

Most predictive techniques to examine Prima price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Prima using various technical indicators. When you analyze Prima charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Prima Marine Predictive Indicators

The successful prediction of Prima Marine stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Prima Marine Public, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Prima Marine based on analysis of Prima Marine hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Prima Marine's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Prima Marine's related companies.

Story Coverage note for Prima Marine

The number of cover stories for Prima Marine depends on current market conditions and Prima Marine's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Prima Marine is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Prima Marine's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Prima Marine Short Properties

Prima Marine's future price predictability will typically decrease when Prima Marine's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Prima Marine Public often depends not only on the future outlook of the potential Prima Marine'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. Prima Marine's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.5 B

Other Information on Investing in Prima Stock

Prima Marine financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Marine security.