TMBThanachart Bank (Thailand) Probability of Future Stock Price Finishing Over 1.76
| TTB Stock | 1.77 0.01 0.57% |
TMBThanachart |
TMBThanachart Bank Target Price Odds to finish over 1.76
The tendency of TMBThanachart 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 1.76 in 90 days |
| 1.77 | 90 days | 1.76 | about 78.27 |
Based on a normal probability distribution, the odds of TMBThanachart Bank to stay above 1.76 in 90 days from now is about 78.27 (This TMBThanachart Bank Public probability density function shows the probability of TMBThanachart Stock to fall within a particular range of prices over 90 days) . Probability of TMBThanachart Bank Public price to stay between 1.76 and its current price of 1.77 at the end of the 90-day period is about 13.07 .
Assuming the 90 days trading horizon TMBThanachart Bank Public has a beta of -0.26. This usually implies as returns on the benchmark increase, returns on holding TMBThanachart Bank are expected to decrease at a much lower rate. During a bear market, however, TMBThanachart Bank Public is likely to outperform the market. Additionally TMBThanachart Bank Public has an alpha of 0.0305, implying that it can generate a 0.0305 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). TMBThanachart Bank Price Density |
| Price |
Predictive Modules for TMBThanachart Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TMBThanachart Bank 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TMBThanachart Bank'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.
TMBThanachart Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TMBThanachart Bank is not an exception. The market had few large corrections towards the TMBThanachart Bank'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 TMBThanachart Bank Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TMBThanachart Bank within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.26 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.05 |
TMBThanachart Bank 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 TMBThanachart Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TMBThanachart Bank 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.| TMBThanachart Bank generated a negative expected return over the last 90 days | |
| TMBThanachart Bank may become a speculative penny stock | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
TMBThanachart Bank 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 TMBThanachart Stock often depends not only on the future outlook of the current and potential TMBThanachart Bank'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. TMBThanachart Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.6 B |
TMBThanachart Bank Technical Analysis
TMBThanachart Bank's future price can be derived by breaking down and analyzing its technical indicators over time. TMBThanachart Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TMBThanachart Bank Public. In general, you should focus on analyzing TMBThanachart Stock price patterns and their correlations with different microeconomic environments and drivers.
TMBThanachart Bank Predictive Forecast Models
TMBThanachart Bank's time-series forecasting models is one of many TMBThanachart Bank'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 TMBThanachart Bank'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 TMBThanachart Bank Public
Checking the ongoing alerts about TMBThanachart Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TMBThanachart Bank Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TMBThanachart Bank generated a negative expected return over the last 90 days | |
| TMBThanachart Bank may become a speculative penny stock | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
Check out TMBThanachart Bank Backtesting, TMBThanachart Bank Valuation, TMBThanachart Bank Correlation, TMBThanachart Bank Hype Analysis, TMBThanachart Bank Volatility, TMBThanachart Bank History as well as TMBThanachart Bank Performance. Note that the TMBThanachart Bank Public information on this page should be used as a complementary analysis to other TMBThanachart Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for TMBThanachart Stock analysis
When running TMBThanachart Bank's price analysis, check to measure TMBThanachart Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TMBThanachart Bank is operating at the current time. Most of TMBThanachart Bank's value examination focuses on studying past and present price action to predict the probability of TMBThanachart Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMBThanachart Bank's price. Additionally, you may evaluate how the addition of TMBThanachart Bank to your portfolios can decrease your overall portfolio volatility.
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