Asia Plus (Thailand) Probability of Future Stock Price Finishing Under 2.03
| ASP Stock | THB 2.48 0.04 1.59% |
Asia |
Asia Plus Target Price Odds to finish below 2.03
The tendency of Asia 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 drop to 2.03 or more in 90 days |
| 2.48 | 90 days | 2.03 | near 1 |
Based on a normal probability distribution, the odds of Asia Plus to drop to 2.03 or more in 90 days from now is near 1 (This Asia Plus Group probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) . Probability of Asia Plus Group price to stay between 2.03 and its current price of 2.48 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Asia Plus Group has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Asia Plus are expected to decrease at a much lower rate. During a bear market, however, Asia Plus Group is likely to outperform the market. Additionally Asia Plus Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Asia Plus Price Density |
| Price |
Predictive Modules for Asia Plus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Plus Group. 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 Asia Plus' 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.
Asia Plus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asia Plus is not an exception. The market had few large corrections towards the Asia Plus' 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 Asia Plus Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asia Plus within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.15 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.24 |
Asia Plus 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 Asia Plus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asia Plus Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asia Plus Group generated a negative expected return over the last 90 days | |
| Asia Plus Group has accumulated about 1.67 B in cash with (4.58 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Roughly 21.0% of the company shares are held by company insiders |
Asia Plus 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 Asia Stock often depends not only on the future outlook of the current and potential Asia Plus' 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. Asia Plus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B |
Asia Plus Technical Analysis
Asia Plus' future price can be derived by breaking down and analyzing its technical indicators over time. Asia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asia Plus Group. In general, you should focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environments and drivers.
Asia Plus Predictive Forecast Models
Asia Plus' time-series forecasting models is one of many Asia Plus' 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 Asia Plus' 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 Asia Plus Group
Checking the ongoing alerts about Asia Plus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asia Plus Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asia Plus Group generated a negative expected return over the last 90 days | |
| Asia Plus Group has accumulated about 1.67 B in cash with (4.58 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Roughly 21.0% of the company shares are held by company insiders |
Other Information on Investing in Asia Stock
Asia Plus financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Plus security.