Richy Place (Thailand) Probability of Future Stock Price Finishing Over 11.78
| RICHY Stock | THB 0.40 0.02 4.76% |
Richy |
Richy Place Target Price Odds to finish over 11.78
The tendency of Richy 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 11.78 or more in 90 days |
| 0.40 | 90 days | 11.78 | close to zero percent |
Based on a normal probability distribution, the odds of Richy Place to move over 11.78 or more in 90 days from now is close to zero percent (This Richy Place 2002 probability density function shows the probability of Richy Stock to fall within a particular range of prices over 90 days) . Probability of Richy Place 2002 price to stay between its current price of 0.40 and 11.78 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days trading horizon Richy Place has a beta of 0.1 indicating as returns on the market go up, Richy Place average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Richy Place 2002 will be expected to be much smaller as well. Additionally Richy Place 2002 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. Richy Place Price Density |
| Price |
Predictive Modules for Richy Place
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Richy Place 2002. 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 Richy Place'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.
Richy Place Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Richy Place is not an exception. The market had few large corrections towards the Richy Place'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 Richy Place 2002, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Richy Place within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.07 |
Richy Place 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 Richy Place for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Richy Place 2002 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Richy Place 2002 generated a negative expected return over the last 90 days | |
| Richy Place 2002 has some characteristics of a very speculative penny stock | |
| Richy Place 2002 has high historical volatility and very poor performance | |
| Richy Place 2002 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
Richy Place 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 Richy Stock often depends not only on the future outlook of the current and potential Richy Place'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. Richy Place's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
Richy Place Technical Analysis
Richy Place's future price can be derived by breaking down and analyzing its technical indicators over time. Richy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Richy Place 2002. In general, you should focus on analyzing Richy Stock price patterns and their correlations with different microeconomic environments and drivers.
Richy Place Predictive Forecast Models
Richy Place's time-series forecasting models is one of many Richy Place'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 Richy Place'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 Richy Place 2002
Checking the ongoing alerts about Richy Place for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Richy Place 2002 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Richy Place 2002 generated a negative expected return over the last 90 days | |
| Richy Place 2002 has some characteristics of a very speculative penny stock | |
| Richy Place 2002 has high historical volatility and very poor performance | |
| Richy Place 2002 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Richy Stock
Richy Place financial ratios help investors to determine whether Richy 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 Richy with respect to the benefits of owning Richy Place security.