TQM PORATION (Thailand) Probability of Future Stock Price Finishing Over 24.02
| TQM-R Stock | THB 24.40 0.28 1.13% |
TQM |
TQM PORATION Target Price Odds to finish over 24.02
The tendency of TQM 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 24.02 in 90 days |
| 24.40 | 90 days | 24.02 | about 61.7 |
Based on a normal probability distribution, the odds of TQM PORATION to stay above 24.02 in 90 days from now is about 61.7 (This TQM PORATION probability density function shows the probability of TQM Stock to fall within a particular range of prices over 90 days) . Probability of TQM PORATION price to stay between 24.02 and its current price of 24.4 at the end of the 90-day period is nearly 4.52 .
Assuming the 90 days trading horizon TQM PORATION has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding TQM PORATION are expected to decrease at a much lower rate. During a bear market, however, TQM PORATION is likely to outperform the market. Additionally TQM PORATION 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. TQM PORATION Price Density |
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Predictive Modules for TQM PORATION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TQM PORATION. 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.TQM PORATION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TQM PORATION is not an exception. The market had few large corrections towards the TQM PORATION'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 TQM PORATION, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TQM PORATION within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 3.26 | |
Ir | Information ratio | -0.14 |
TQM PORATION 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 TQM PORATION for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TQM PORATION can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TQM PORATION is way too risky over 90 days horizon | |
| TQM PORATION appears to be risky and price may revert if volatility continues |
TQM PORATION 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 TQM Stock often depends not only on the future outlook of the current and potential TQM PORATION'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. TQM PORATION's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 2.15 | |
| Float Shares | 124.93M | |
| Average Daily Volume Last 10 Day | 15.16k | |
| Average Daily Volume In Three Month | 29.82k | |
| Trailing Annual Dividend Yield | 2.03% |
TQM PORATION Technical Analysis
TQM PORATION's future price can be derived by breaking down and analyzing its technical indicators over time. TQM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TQM PORATION. In general, you should focus on analyzing TQM Stock price patterns and their correlations with different microeconomic environments and drivers.
TQM PORATION Predictive Forecast Models
TQM PORATION's time-series forecasting models is one of many TQM PORATION'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 TQM PORATION'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 TQM PORATION
Checking the ongoing alerts about TQM PORATION for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TQM PORATION help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TQM PORATION is way too risky over 90 days horizon | |
| TQM PORATION appears to be risky and price may revert if volatility continues |
Other Information on Investing in TQM Stock
TQM PORATION financial ratios help investors to determine whether TQM 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 TQM with respect to the benefits of owning TQM PORATION security.