Thai Reinsurance (Thailand) Probability of Future Stock Price Finishing Over 5.82
| THRE Stock | THB 0.55 0.01 1.85% |
Thai |
Thai Reinsurance Target Price Odds to finish over 5.82
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 5.82 or more in 90 days |
| 0.55 | 90 days | 5.82 | close to zero percent |
Based on a normal probability distribution, the odds of Thai Reinsurance to move over 5.82 or more in 90 days from now is close to zero percent (This Thai Reinsurance Public probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Reinsurance Public price to stay between its current price of 0.55 and 5.82 at the end of the 90-day period is about 89.15 .
Assuming the 90 days trading horizon Thai Reinsurance Public has a beta of -0.3. This usually implies as returns on the benchmark increase, returns on holding Thai Reinsurance are expected to decrease at a much lower rate. During a bear market, however, Thai Reinsurance Public is likely to outperform the market. Additionally Thai Reinsurance 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 Reinsurance Price Density |
| Price |
Predictive Modules for Thai Reinsurance
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 Reinsurance 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.Thai Reinsurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Reinsurance is not an exception. The market had few large corrections towards the Thai Reinsurance'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 Reinsurance Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Reinsurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.13 |
Thai Reinsurance 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 Reinsurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Reinsurance 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 Reinsurance generated a negative expected return over the last 90 days | |
| Thai Reinsurance has some characteristics of a very speculative penny stock | |
| Thai Reinsurance Public has accumulated 2.41 M in total debt. Thai Reinsurance Public has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thai Reinsurance until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Reinsurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thai Reinsurance Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Reinsurance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 4.64 B. Net Loss for the year was (356.46 M) with profit before overhead, payroll, taxes, and interest of 88.24 M. |
Thai Reinsurance 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 Reinsurance'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 Reinsurance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.2 B |
Thai Reinsurance Technical Analysis
Thai Reinsurance'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 Reinsurance Public. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Reinsurance Predictive Forecast Models
Thai Reinsurance's time-series forecasting models is one of many Thai Reinsurance'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 Reinsurance'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 Reinsurance Public
Checking the ongoing alerts about Thai Reinsurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Reinsurance Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Reinsurance generated a negative expected return over the last 90 days | |
| Thai Reinsurance has some characteristics of a very speculative penny stock | |
| Thai Reinsurance Public has accumulated 2.41 M in total debt. Thai Reinsurance Public has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thai Reinsurance until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Reinsurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thai Reinsurance Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Reinsurance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 4.64 B. Net Loss for the year was (356.46 M) with profit before overhead, payroll, taxes, and interest of 88.24 M. |
Other Information on Investing in Thai Stock
Thai Reinsurance 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 Reinsurance security.