Bangkok Airways (Thailand) Probability of Future Stock Price Finishing Over 26.27
| BA Stock | THB 23.40 0.30 1.27% |
Bangkok |
Bangkok Airways Target Price Odds to finish over 26.27
The tendency of Bangkok 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 26.27 or more in 90 days |
| 23.40 | 90 days | 26.27 | near 1 |
Based on a normal probability distribution, the odds of Bangkok Airways to move over 26.27 or more in 90 days from now is near 1 (This Bangkok Airways Public probability density function shows the probability of Bangkok Stock to fall within a particular range of prices over 90 days) . Probability of Bangkok Airways Public price to stay between its current price of 23.40 and 26.27 at the end of the 90-day period is about 74.54 .
Assuming the 90 days horizon Bangkok Airways has a beta of 0.48 suggesting as returns on the market go up, Bangkok Airways average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bangkok Airways Public will be expected to be much smaller as well. Additionally Bangkok Airways Public has an alpha of 0.0209, implying that it can generate a 0.0209 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bangkok Airways Price Density |
| Price |
Predictive Modules for Bangkok Airways
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bangkok Airways 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.Bangkok Airways Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bangkok Airways is not an exception. The market had few large corrections towards the Bangkok Airways' 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 Bangkok Airways Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bangkok Airways within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.01 |
Bangkok Airways 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 Bangkok Airways for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bangkok Airways 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.| The company reported the revenue of 2.72 B. Net Loss for the year was (8.55 B) with loss before overhead, payroll, taxes, and interest of (2.53 B). | |
| Bangkok Airways Public has accumulated about 7.64 B in cash with (2.17 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.71. | |
| Roughly 61.0% of the company shares are held by company insiders |
Bangkok Airways 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 Bangkok Stock often depends not only on the future outlook of the current and potential Bangkok Airways' 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. Bangkok Airways' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B |
Bangkok Airways Technical Analysis
Bangkok Airways' future price can be derived by breaking down and analyzing its technical indicators over time. Bangkok Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bangkok Airways Public. In general, you should focus on analyzing Bangkok Stock price patterns and their correlations with different microeconomic environments and drivers.
Bangkok Airways Predictive Forecast Models
Bangkok Airways' time-series forecasting models is one of many Bangkok Airways' 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 Bangkok Airways' 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 Bangkok Airways Public
Checking the ongoing alerts about Bangkok Airways for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bangkok Airways Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 2.72 B. Net Loss for the year was (8.55 B) with loss before overhead, payroll, taxes, and interest of (2.53 B). | |
| Bangkok Airways Public has accumulated about 7.64 B in cash with (2.17 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.71. | |
| Roughly 61.0% of the company shares are held by company insiders |
Other Information on Investing in Bangkok Stock
Bangkok Airways financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Airways security.