Thai Ha (Thailand) Odds of Future Stock Price Finishing Over 16.29
| KASET Stock | THB 0.90 0.01 1.12% |
Thai |
Thai Ha Target Price Odds to finish over 16.29
The tendency of Thai 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 16.29 or more in 90 days |
| 0.90 | 90 days | 16.29 | close to zero percent |
Based on a normal probability distribution, the odds of Thai Ha to move over 16.29 or more in 90 days from now is close to zero percent (This Thai Ha Public probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Ha Public price to stay between its current price of 0.90 and 16.29 at the end of the 90-day period is about 86.23 .
Assuming the 90 days trading horizon Thai Ha Public has a beta of -0.0845. This indicates as returns on the benchmark increase, returns on holding Thai Ha are expected to decrease at a much lower rate. During a bear market, however, Thai Ha Public is likely to outperform the market. Additionally Thai Ha Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Thai Ha Price Density |
| Price |
Predictive Modules for Thai Ha
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Ha 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thai Ha's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Thai Ha Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Ha is not an exception. The market had few large corrections towards the Thai Ha'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 Thai Ha Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Ha within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.04 |
Thai Ha 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 Thai Ha for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Ha 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.| Thai Ha Public generated a negative expected return over the last 90 days | |
| Thai Ha Public has high historical volatility and very poor performance | |
| Thai Ha Public has some characteristics of a very speculative penny stock | |
| The company has 229 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 536.12 M. Net Loss for the year was (69.01 M) with profit before overhead, payroll, taxes, and interest of 83.22 M. | |
| Thai Ha Public has accumulated about 30.84 M in cash with (38.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 71.0% of the company outstanding shares are owned by corporate insiders |
Thai Ha 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 Thai Stock often depends not only on the future outlook of the current and potential Thai Ha'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. Thai Ha's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 278 M |
Thai Ha Technical Analysis
Thai Ha's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Ha Public. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Ha Predictive Forecast Models
Thai Ha's time-series forecasting models is one of many Thai Ha'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 Thai Ha'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 Thai Ha Public
Checking the ongoing alerts about Thai Ha for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Ha Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Ha Public generated a negative expected return over the last 90 days | |
| Thai Ha Public has high historical volatility and very poor performance | |
| Thai Ha Public has some characteristics of a very speculative penny stock | |
| The company has 229 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 536.12 M. Net Loss for the year was (69.01 M) with profit before overhead, payroll, taxes, and interest of 83.22 M. | |
| Thai Ha Public has accumulated about 30.84 M in cash with (38.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 71.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Thai Stock
Thai Ha financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Ha security.