Healthlead Public (Thailand) Probability of Future Stock Price Finishing Over 10.75
| HL Stock | 11.20 0.20 1.82% |
Healthlead |
Healthlead Public Target Price Odds to finish over 10.75
The tendency of Healthlead 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 10.75 in 90 days |
| 11.20 | 90 days | 10.75 | near 1 |
Based on a normal probability distribution, the odds of Healthlead Public to stay above 10.75 in 90 days from now is near 1 (This Healthlead Public probability density function shows the probability of Healthlead Stock to fall within a particular range of prices over 90 days) . Probability of Healthlead Public price to stay between 10.75 and its current price of 11.2 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Healthlead Public has a beta of -0.14. This usually indicates as returns on the benchmark increase, returns on holding Healthlead Public are expected to decrease at a much lower rate. During a bear market, however, Healthlead Public is likely to outperform the market. Additionally Healthlead Public has an alpha of 0.4416, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Healthlead Public Price Density |
| Price |
Predictive Modules for Healthlead Public
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Healthlead 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.Healthlead Public Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Healthlead Public is not an exception. The market had few large corrections towards the Healthlead Public'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 Healthlead Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Healthlead Public within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | 0.14 |
Healthlead Public 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 Healthlead Public for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Healthlead 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.| About 77.0% of the company shares are held by company insiders |
Healthlead Public 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 Healthlead Stock often depends not only on the future outlook of the current and potential Healthlead Public'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. Healthlead Public's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 272 M |
Healthlead Public Technical Analysis
Healthlead Public's future price can be derived by breaking down and analyzing its technical indicators over time. Healthlead Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Healthlead Public. In general, you should focus on analyzing Healthlead Stock price patterns and their correlations with different microeconomic environments and drivers.
Healthlead Public Predictive Forecast Models
Healthlead Public's time-series forecasting models is one of many Healthlead Public'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 Healthlead Public'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 Healthlead Public
Checking the ongoing alerts about Healthlead Public for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Healthlead Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 77.0% of the company shares are held by company insiders |
Other Information on Investing in Healthlead Stock
Healthlead Public financial ratios help investors to determine whether Healthlead 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 Healthlead with respect to the benefits of owning Healthlead Public security.