Sena Development (Thailand) Probability of Future Stock Price Finishing Under 2.28
| SENA Stock | THB 2.26 0.02 0.89% |
Sena |
Sena Development Target Price Odds to finish below 2.28
The tendency of Sena 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 under 2.28 after 90 days |
| 2.26 | 90 days | 2.28 | about 11.95 |
Based on a normal probability distribution, the odds of Sena Development to stay under 2.28 after 90 days from now is about 11.95 (This Sena Development Public probability density function shows the probability of Sena Stock to fall within a particular range of prices over 90 days) . Probability of Sena Development Public price to stay between its current price of 2.26 and 2.28 at the end of the 90-day period is about 5.49 .
Assuming the 90 days trading horizon Sena Development Public has a beta of -0.0496. This usually implies as returns on the benchmark increase, returns on holding Sena Development are expected to decrease at a much lower rate. During a bear market, however, Sena Development Public is likely to outperform the market. Additionally Sena Development 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. Sena Development Price Density |
| Price |
Predictive Modules for Sena Development
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sena Development 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.Sena Development Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sena Development is not an exception. The market had few large corrections towards the Sena Development'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 Sena Development Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sena Development within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.22 |
Sena Development 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 Sena Development for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sena Development 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.| Sena Development generated a negative expected return over the last 90 days | |
| Sena Development has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sena Development Public has accumulated about 789.65 M in cash with (1.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders |
Sena Development 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 Sena Stock often depends not only on the future outlook of the current and potential Sena Development'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. Sena Development's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
Sena Development Technical Analysis
Sena Development's future price can be derived by breaking down and analyzing its technical indicators over time. Sena Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sena Development Public. In general, you should focus on analyzing Sena Stock price patterns and their correlations with different microeconomic environments and drivers.
Sena Development Predictive Forecast Models
Sena Development's time-series forecasting models is one of many Sena Development'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 Sena Development'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 Sena Development Public
Checking the ongoing alerts about Sena Development for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sena Development Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sena Development generated a negative expected return over the last 90 days | |
| Sena Development has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Sena Development Public has accumulated about 789.65 M in cash with (1.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sena Stock
Sena Development financial ratios help investors to determine whether Sena 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 Sena with respect to the benefits of owning Sena Development security.