GMM Grammy (Thailand) Probability of Future Stock Price Finishing Under 4.03
| GRAMMY Stock | THB 8.10 0.05 0.62% |
GMM |
GMM Grammy Target Price Odds to finish below 4.03
The tendency of GMM 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 drop to 4.03 or more in 90 days |
| 8.10 | 90 days | 4.03 | near 1 |
Based on a normal probability distribution, the odds of GMM Grammy to drop to 4.03 or more in 90 days from now is near 1 (This GMM Grammy Public probability density function shows the probability of GMM Stock to fall within a particular range of prices over 90 days) . Probability of GMM Grammy Public price to stay between 4.03 and its current price of 8.1 at the end of the 90-day period is about 58.41 .
Assuming the 90 days trading horizon GMM Grammy Public has a beta of -0.19. This usually indicates as returns on the benchmark increase, returns on holding GMM Grammy are expected to decrease at a much lower rate. During a bear market, however, GMM Grammy Public is likely to outperform the market. Additionally GMM Grammy Public has an alpha of 0.1639, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GMM Grammy Price Density |
| Price |
Predictive Modules for GMM Grammy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GMM Grammy 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.GMM Grammy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GMM Grammy is not an exception. The market had few large corrections towards the GMM Grammy'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 GMM Grammy Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GMM Grammy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | 0.04 |
GMM Grammy 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 GMM Grammy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GMM Grammy 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.| GMM Grammy Public has accumulated about 637.36 M in cash with (100.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78. | |
| Roughly 88.0% of the company shares are held by company insiders |
GMM Grammy 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 GMM Stock often depends not only on the future outlook of the current and potential GMM Grammy'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. GMM Grammy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 819.9 M |
GMM Grammy Technical Analysis
GMM Grammy's future price can be derived by breaking down and analyzing its technical indicators over time. GMM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GMM Grammy Public. In general, you should focus on analyzing GMM Stock price patterns and their correlations with different microeconomic environments and drivers.
GMM Grammy Predictive Forecast Models
GMM Grammy's time-series forecasting models is one of many GMM Grammy'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 GMM Grammy'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 GMM Grammy Public
Checking the ongoing alerts about GMM Grammy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GMM Grammy Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GMM Grammy Public has accumulated about 637.36 M in cash with (100.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78. | |
| Roughly 88.0% of the company shares are held by company insiders |
Other Information on Investing in GMM Stock
GMM Grammy financial ratios help investors to determine whether GMM 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 GMM with respect to the benefits of owning GMM Grammy security.